Public Profile

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.

24

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.

4

Industry Benchmark

Chevron's score of 24 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Chevron's reported carbon emissions

In 2023, Chevron reported total carbon emissions of approximately 52000000000 kg CO2e from Scope 1, 2000000000 kg CO2e from Scope 2, and 576000000000 kg CO2e from Scope 3 emissions. This reflects a continued reliance on fossil fuels, with significant emissions stemming from the use of sold products. Over the years, Chevron has shown fluctuations in its emissions. For instance, in 2022, the company emitted about 53000000000 kg CO2e in Scope 1, 4000000000 kg CO2e in Scope 2, and 592000000000 kg CO2e in Scope 3. The trend indicates a need for enhanced strategies to mitigate emissions, particularly in Scope 3, which represents the majority of their carbon footprint. Despite these figures, Chevron has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of defined reduction goals may impact their long-term sustainability and climate strategy, especially as global pressure mounts for the oil and gas sector to transition towards lower carbon operations. As Chevron continues to navigate its climate commitments, the focus remains on addressing the substantial emissions associated with its operations and product usage, which are critical for aligning with global climate goals.

Unlock detailed emissions data

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

2005200620072008200920162017201820192020202120222023
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
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
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
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Chevron's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high 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. Chevron is headquartered in US, which has a rank of low, indicating low grid carbon 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 not committed to any reduction initiatives 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

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers