Equinor
Equinor ASA, formerly known as Statoil, is a leading energy company headquartered in Norway. Established in 1972, Equinor has evolved into a global player in the oil, gas, and renewable energy sectors, with significant operations in regions such as the North Sea, Brazil, and the United States. The company focuses on oil and gas exploration, production, and renewable energy solutions, including offshore wind and solar power. Equinor is recognised for its commitment to sustainability and innovation, positioning itself as a frontrunner in the transition to a low-carbon future. With a strong market presence and notable achievements, including pioneering offshore wind projects, Equinor continues to shape the energy landscape while prioritising environmental stewardship and technological advancement.
DitchCarbon Score
How does Equinor's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Equinor's score of 37 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Equinor's reported carbon emissions
In 2023, Equinor reported total carbon emissions of approximately 250,000,000,000 kg CO2e across all scopes, with specific breakdowns of 11,500,000,000 kg CO2e for Scope 1, 100,000,000 kg CO2e for Scope 2, and 250,000,000,000 kg CO2e for Scope 3 emissions. The company's Scope 1 and 2 emissions combined totalled about 11,600,000,000 kg CO2e. In Norway, Equinor's Scope 1 and 2 emissions were reported at approximately 10,900,000,000 kg CO2e. Equinor has set a long-term commitment to achieve net-zero emissions by 2050, with this ambition outlined in their sustainability documentation. This target encompasses all scopes of emissions, reflecting the company's strategic focus on reducing its carbon footprint in alignment with global climate goals. The company has also reported upstream CO₂ intensity figures, with a Scope 1 intensity of about 6,700 kg CO2e per barrel of oil equivalent in 2023. This indicates a commitment to improving operational efficiency and reducing emissions intensity in its production processes. Equinor's emissions data is not cascaded from any parent organization, ensuring that the figures are directly reflective of its own operations. The company continues to engage in various initiatives aimed at reducing its environmental impact while transitioning towards a more sustainable energy future.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 15,400,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 2,600,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 239,100,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Equinor is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
