Chevron
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 18 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chevron's reported carbon emissions
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 emissions related to the use of sold products. This reflects a continued commitment to monitoring and reporting emissions across all scopes, with a significant portion of emissions stemming from Scope 3, which is typical for the oil and gas industry. Over the years, Chevron has shown a trend of fluctuating emissions. For instance, in 2022, the company recorded approximately 53000000000 kg CO2e in Scope 1, 4000000000 kg CO2e in Scope 2, and 592000000000 kg CO2e in Scope 3. The data indicates a gradual reduction in Scope 1 emissions from about 64000000000 kg CO2e in 2016 to 52000000000 kg CO2e in 2023. Despite these figures, Chevron has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. The absence of documented reduction targets suggests that while Chevron is actively reporting its emissions, it may not have set definitive goals for reducing its carbon footprint in the near future. Overall, Chevron's emissions data highlights the ongoing challenges and responsibilities faced by major oil and gas companies in addressing climate change while balancing operational demands.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 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 |
Industry emissions intensity
Location emissions intensity
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 committed to some 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.
