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.
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.
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.
Chevron's score of 24 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, primarily from the use of sold products. This reflects Chevron's ongoing commitment to addressing climate change, although specific reduction targets have not been disclosed. Over the years, Chevron's emissions have shown fluctuations, with Scope 1 emissions peaking at about 67000000000 kg CO2e in 2017 and gradually decreasing to 52000000000 kg CO2e by 2023. Scope 2 emissions have remained relatively stable, while Scope 3 emissions, which represent the largest share, have varied significantly, reaching a high of approximately 1355000000000 kg CO2e in 2017. Despite the lack of formal reduction targets, Chevron has engaged in various initiatives aimed at improving sustainability and reducing its carbon footprint. The company continues to explore innovative solutions to enhance energy efficiency and reduce emissions across its operations. As a major player in the energy sector, Chevron's actions and commitments are critical in the broader context of global climate efforts.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 64,000,000,000 | 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 | 3,000,000,000 | 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 | 1,317,000,000,000 | 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 |
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.