Chevron

Chevron's most recent disclosed emissions data for 2024 includes approximately 54 billion kg CO2e for Scope 1, 4 billion kg CO2e for Scope 2 (market-based), and 1,565 billion kg CO2e for Scope 3 emissions (specifically from the use of sold products).

Looking back, in 2023, Chevron reported Scope 1 emissions of approximately 52 billion kg CO2e, Scope 2 emissions of about 4 billion kg CO2e (market-based), and total Scope 3 emissions of around 1,566 billion kg CO2e. For 2022, their Scope 1 emissions were approximately 53 billion kg CO2e, Scope 2 emissions (market-based) were about 4 billion kg CO2e, and total Scope 3 emissions were around 1,501 billion kg CO2e.

Chevron has set several climate commitments. They aim to achieve net zero Scope 1 and 2 upstream emissions by 2050, a target announced in 2021. Furthermore, Chevron is committed to managing its GHG emissions by improving energy efficiency, reducing flaring and venting, and fixing methane leaks, with specific near-term intensity targets. By 2023, the company aimed for a 20-25% reduction in methane emissions intensity and a 25-30% reduction in flaring intensity from a 2016 baseline. Since 2013, Chevron has reduced flaring and associated emissions by 22%. Their 2028 Upstream carbon intensity target includes a 66% reduction in flaring intensity (to 3.0 kg CO2e/boe) from their 2016 baseline for Scope 1 and Scope 2 emissions.