The oil and gas sector is at the forefront of driving a sustainable energy transition, leveraging its expertise to support the development of key technologies like CCUS and hydrogen. These innovations not only help decarbonize the industry itself but also play a vital role in reducing emissions in 'hard-to-abate' sectors such as aviation, shipping, and steel production. Furthermore, energy efficiency is highlighted as a crucial lever for emissions abatement, with potential cost benefits. Additionally, the sector is actively involved in the upscaling of renewables, sharing best practices in environmentally and socially responsible project development. By aligning with the UN Sustainable Development Goals, oil and gas companies aim to contribute to economic growth while ensuring social fairness and environmental sustainability. Collaborative efforts involving all stakeholders are seen as essential for developing new value chains and products to achieve the goals of the Paris Agreement. Through continued awareness-raising and collaboration, the sector seeks to support a net-zero future that benefits both people and the planet.