Search Climate Insights Directory

Financial institutions (FIs) can leverage tools like RMI's Oil Climate Index plus Gas (OCI+) and satellite data to pinpoint methane 'hot spots' in oil and gas portfolios. Methane accounts for approximately half of the industry's Scope 1 and 2 emissions, yet emissions intensities vary by a factor of 10 or more between equivalent assets. The report highlights that 40% of needed methane reductions could be achieved through cost-neutral or net-profitable investments, such as leak detection and repair. With new regulations like the US Inflation Reduction Act's methane fee, FIs are encouraged to use this data to manage transition risks, set accurate disclosure targets, and steer client engagement toward immediate decarbonization opportunities.