Chevron Phillips Chemical Company LLC, commonly referred to as Chevron Phillips, is a prominent player in the chemicals nec industry, headquartered in the United States. Established in 2000, the company emerged from a joint venture between Chevron Corporation and Phillips 66, quickly establishing itself as a leader in the production of petrochemicals and plastics.
With major operational regions across North America, Europe, and Asia, Chevron Phillips focuses on manufacturing a diverse range of core products, including ethylene, propylene, and various specialty chemicals. Their commitment to innovation and sustainability sets them apart in the market, enabling them to deliver high-quality solutions tailored to customer needs.
Recognised for their operational excellence, Chevron Phillips has achieved significant milestones, including advancements in technology and safety. Their strong market position is underscored by a reputation for reliability and a robust portfolio that supports various industries worldwide.
-9 vs industry average
Chevron Phillips’s score of 21 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Chevron Phillips?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Chevron Phillips's reported carbon emissions
Chevron Phillips Chemical Company, headquartered in the US and operating in the chemicals sector, has reported its greenhouse gas emissions for several years.
For the 2024 reporting year, the company reported Scope 1 emissions of approximately 7.3 billion kg CO2e and Scope 2 emissions of approximately 2.5 billion kg CO2e, resulting in combined Scope 1 and 2 emissions of about 9.8 billion kg CO2e.
In 2023, Chevron Phillips Chemical Company's Scope 1 emissions were approximately 7.2 billion kg CO2e, with Scope 2 emissions at about 2.4 billion kg CO2e, totalling approximately 9.6 billion kg CO2e for Scopes 1 and 2. The previous year, 2022, saw Scope 1 emissions of around 7.1 billion kg CO2e and Scope 2 emissions of approximately 2.3 billion kg CO2e, for a combined total of about 9.3 billion kg CO2e. In 2021, Scope 1 emissions were approximately 7.2 billion kg CO2e and Scope 2 emissions were about 2.4 billion kg CO2e, leading to a combined total of approximately 9.5 billion kg CO2e. For 2020, Scope 1 emissions were reported as approximately 6.9 billion kg CO2e and Scope 2 emissions at about 2.5 billion kg CO2e, with a combined total of approximately 9.3 billion kg CO2e.
Looking back, in 2019, Scope 1 emissions were approximately 6.7 billion kg CO2e and Scope 2 emissions were around 2.3 billion kg CO2e, for a combined total of about 8.9 billion kg CO2e. In 2018, Scope 1 emissions were approximately 7.1 billion kg CO2e and Scope 2 emissions were about 2.4 billion kg CO2e, resulting in a combined total of approximately 9.4 billion kg CO2e. For 2017, the company reported Scope 1 emissions of approximately 6.4 billion kg CO2e and Scope 2 emissions of about 2 billion kg CO2e, totalling approximately 8.4 billion kg CO2e for Scopes 1 and 2. In 2016, Scope 1 emissions were approximately 6.4 billion kg CO2e and Scope 2 emissions were about 2.1 billion kg CO2e, with a combined total of approximately 8.5 billion kg CO2e.
Chevron Phillips Chemical Company is committed to reducing its climate impact. The company has announced a target to achieve a 15% reduction in the carbon intensity of its operations by 2030, using a 2020 baseline. This ambition encompasses reductions in both Scope 1 and Scope 2 greenhouse gas emissions at facilities operated by CPChem. It is noted that this data is cascaded from Chevron Phillips Chemical Company LLC.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Chevron Phillips’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Inherited from Chevron CorporationEmissions comparison with industry peers
View similar organisations
Chevron Phillips
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project