Chevron Sustainability Profile
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 40 is higher than 71% 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, 4,000,000,000 kg CO2e for Scope 2, and a significant 1,565,000,000,000 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 3 emissions decreased marginally from 1,566,000,000,000 kg CO2e. Chevron has set ambitious climate commitments, aiming for net zero emissions by 2050 across its operations. The company has established specific reduction targets, 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. 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 per cent reduction from the 2016 baseline. These initiatives demonstrate 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 | 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 | 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 | 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 |
How Carbon Intensive is Chevron's Industry?
How Carbon Intensive is Chevron's Location?
Chevron's Scope 3 Categories Breakdown
Chevron's Scope 3 emissions, which decreased by 0% last year and increased significantly since 2005, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Chevron's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Chevron has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
