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Crude Oil Extraction
US
updated 17 days ago

Chevron

Company website

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.

34

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.

11

Industry Benchmark

Chevron's score of 34 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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Chevron's reported carbon emissions

In 2024, Chevron reported total carbon emissions of approximately 1,615,000,000,000 kg CO2e, with emissions distributed across various scopes: 54,000,000,000 kg CO2e (Scope 1), 4,000,000,000 kg CO2e (Scope 2, market-based), and 1,565,000,000,000 kg CO2e (Scope 3, from the use of sold products). In 2023, the company recorded similar emissions, with Scope 1 at 52,000,000,000 kg CO2e, Scope 2 at 4,000,000,000 kg CO2e (market-based), and Scope 3 at 1,566,000,000,000 kg CO2e. Chevron has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. The company has also established specific reduction targets for emissions intensity, including a 25-30% reduction in flaring intensity and a 20-25% reduction in methane emissions intensity from 2016 to 2023. Since 2013, Chevron has achieved a 22% reduction in flaring and associated emissions. The company’s long-term strategy includes a target for upstream carbon intensity, aiming for a flaring intensity of 3.0 kg CO2e per barrel of oil equivalent by 2028, representing a 66% reduction from the 2016 baseline. These initiatives reflect Chevron's commitment to improving operational efficiency while aligning with the objectives of the Paris Agreement.

Unlock detailed emissions data

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

20052006200720082009201320142015201620172018201920202021202220232024
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
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
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

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. This request for Chevron is in US, which has a high grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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