Public Profile

Chevron Phillips

Chevron Phillips Chemical Company, a prominent player in the petrochemical industry, is headquartered in the United States. Founded in 2000 as a joint venture between Chevron Corporation and Phillips 66, the company has established itself as a leader in the production of polymers, chemicals, and specialty products. With major operational regions across North America, Europe, and Asia, Chevron Phillips is renowned for its innovative approach to manufacturing high-quality polyethylene and polypropylene. The company’s commitment to sustainability and technological advancement has led to significant milestones, including the development of advanced recycling processes. Chevron Phillips Chemical is recognised for its robust market position, consistently ranking among the top producers in the industry. Its unique offerings, such as high-performance materials and custom solutions, set it apart in a competitive landscape, making it a trusted partner for various sectors, including packaging, automotive, and construction.

DitchCarbon Score

How does Chevron Phillips'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.

26

Industry Average

Mean score of companies in the Chemicals 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.

26

Industry Benchmark

Chevron Phillips's score of 26 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Chevron Phillips's reported carbon emissions

In 2023, Chevron Phillips Chemical Company reported total carbon emissions of approximately 9,600,000,000 kg CO2e, comprising 7,200,000,000 kg CO2e from Scope 1 emissions and 2,400,000,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2022, where total emissions were about 9,300,000,000 kg CO2e, with Scope 1 at 7,100,000,000 kg CO2e and Scope 2 at 2,300,000,000 kg CO2e. Chevron Phillips has set ambitious climate commitments, targeting a 15% reduction in carbon intensity for both Scope 1 and Scope 2 emissions by 2030, using 2020 as the baseline year. This initiative reflects the company's commitment to reducing its environmental impact while continuing to operate within the chemical industry. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Chevron Phillips is actively working towards enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20102011201220132014201820192020202120222023
Scope 1
400
000
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 2
600
000
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
800
000
000
000
000
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Chevron Phillips's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Chevron Phillips is in US, which has a low grid carbon intensity relative to other regions.

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.

Chevron Phillips is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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