Chevron

Chevron, a US-based company operating in the crude petroleum and services related to crude oil extraction industry, has reported its carbon emissions across various scopes.

For 2024, Chevron's total Scope 1 emissions were approximately 54 billion kg CO2e. Scope 2 emissions were around 4 billion kg CO2e, and Scope 3 emissions, specifically from the use of sold products, amounted to approximately 1,565 billion kg CO2e. The total combined emissions for 2024 are not explicitly provided as a single sum in the data.

In 2023, the company reported Scope 1 emissions of approximately 52 billion kg CO2e, Scope 2 emissions of about 4 billion kg CO2e (market-based), and Scope 3 emissions totalling approximately 1,566 billion kg CO2e.

Chevron has set several climate-related targets. The company aims to achieve net zero emissions by 2050, with an aspiration to achieve net zero upstream emissions (Scope 1 and 2) by 2050, as announced in 2021. Additionally, Chevron has established performance measures to reduce emissions intensity between 2016 and 2023, targeting a 25% to 30% reduction in flaring intensity and a 20% to 25% reduction in methane emissions intensity. Furthermore, there is a specific target for upstream flaring intensity of 3.0 kg CO2e/boe by 2028, representing a 66% reduction from a 2016 baseline. Since 2013, Chevron has reported a 22% reduction in flaring and associated emissions.