Chevron
Chevron Corporation, a leading global energy company headquartered in the United States, has established itself as a key player in the oil and gas industry since its founding in 1879. With major operational regions spanning North America, South America, Africa, and Asia, Chevron is renowned for its diverse portfolio that includes upstream exploration and production, downstream refining, and marketing of petroleum products. The company’s core offerings, such as crude oil, natural gas, and petrochemicals, are distinguished by their commitment to innovation and sustainability. Chevron has achieved notable milestones, including advancements in renewable energy initiatives and significant investments in technology to enhance operational efficiency. As one of the largest integrated energy companies in the world, Chevron continues to solidify its market position through strategic partnerships and a focus on responsible energy development.
DitchCarbon Score
How does Chevron'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
Chevron's score of 38 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chevron's reported carbon emissions
In 2024, Chevron reported total carbon emissions of approximately 54,000,000,000 kg CO2e for Scope 1, 2,000,000,000 kg CO2e for Scope 2, and a staggering 849,000,000,000 kg CO2e for Scope 3 emissions, primarily from the use of sold products. This reflects a slight increase in Scope 1 emissions from 52,000,000,000 kg CO2e in 2023, while Scope 2 emissions rose from 1,000,000,000 kg CO2e. Notably, Scope 3 emissions also increased from 406,000,000,000 kg CO2e in 2023. Chevron has set ambitious climate commitments, aiming for net zero emissions by 2050 across its operations. The company has established specific near-term targets to reduce emissions intensity, including a 25 to 30 per cent reduction in flaring intensity and a 20 to 25 per cent reduction in methane emissions intensity from 2016 levels by 2023. Since 2013, Chevron has successfully reduced flaring and associated emissions by 22 per cent. The company’s long-term strategy includes a target for upstream carbon intensity, aiming for a flaring intensity of 3.0 kg CO2e per barrel of oil equivalent by 2028, representing a 66 per cent reduction from its 2016 baseline. These initiatives underscore Chevron's commitment to improving operational efficiency while aligning with the objectives of the Paris Agreement.
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| 2005 | 2006 | 2007 | 2008 | 2009 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 62,300,000,000 | 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 | 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 | 2,700,000,000 | 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 | 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 | 58,800,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 | 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.
Chevron 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.
