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.
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.
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.
Chevron's score of 40 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Chevron reported total carbon emissions of approximately 1,615,000,000,000 kg CO2e, comprising 54,000,000,000 kg CO2e from Scope 1, 4,000,000,000 kg CO2e from Scope 2, and a significant 1,565,000,000,000 kg CO2e from Scope 3 emissions, primarily from the use of sold products. This marks a slight decrease in Scope 1 emissions from 2023, where they were reported at 52,000,000,000 kg CO2e, while Scope 3 emissions remained relatively stable at about 1,566,000,000,000 kg CO2e. Chevron has set ambitious climate commitments, aiming for a net-zero emissions target by 2050. This includes specific near-term goals to reduce flaring intensity by 25-30% and methane emissions intensity by 20-25% from 2016 levels by 2023. Since 2013, the company has achieved a 22% reduction in flaring and associated emissions. Additionally, Chevron's 2028 upstream carbon intensity target includes a specific goal for flaring intensity of 3.0 kg CO2e per barrel of oil equivalent, representing a 66% reduction from the 2016 baseline. Chevron's emissions data is not cascaded from any parent company, and all figures are reported directly from Chevron Corporation. The company continues to focus on improving energy efficiency, reducing flaring and venting, and addressing methane leaks as part of its broader sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
2005 | 2006 | 2007 | 2008 | 2009 | 2012 | 2013 | 2014 | 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 | 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 | - | - | - | - | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 |
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.