The Oil and Gas Climate Initiative (OGCI) has introduced a new online tool called the CCUS Value Tool to evaluate the socio-economic benefits of carbon capture, utilization, and storage (CCUS) projects in the UK. This tool is designed to provide insights into the potential impact of CCUS initiatives on employment and Gross Value Added (GVA) to the UK economy. By employing a standardized methodology that incorporates regional, technological, and sector-specific factors, the CCUS Value Tool delivers accurate and up-to-date assessments. Building upon the framework of the UK Jobs and Economic Development Impacts (UK-JEDI) model, which estimates the broader economic impact of various energy technology projects across the UK, the CCUS Value Tool covers a wide range of energy systems. It includes power generation technologies like nuclear, solar PV, bioenergy with carbon capture and storage (BECCS), onshore and offshore wind, as well as energy storage solutions such as batteries and hydro. Additionally, it addresses abatement technologies for key industrial sectors like cement production, iron and steel plants, and refineries. Moreover, the tool takes into account low-carbon fuel production pathways, including green and blue hydrogen, bioethanol, biodiesel, and biomass gasification. It has already been applied to several case studies, providing valuable insights into the socio-economic implications of the net zero transition, industry contributions to the UK economy, and the potential for job creation. The CCUS Value Tool aims to support the assessment of CCUS projects and their role in the UK's journey towards a sustainable and low-carbon future.