Chevron Phillips
Chevron Phillips Chemical Company, a prominent player in the petrochemical industry, is headquartered in the United States. Founded in 2000 as a joint venture between Chevron Corporation and Phillips 66, the company has established itself as a leader in the production of polymers, chemicals, and specialty products. With major operational regions across North America, Europe, and Asia, Chevron Phillips is renowned for its innovative approach to manufacturing high-quality polyethylene and polypropylene. The company’s commitment to sustainability and technological advancement has led to significant milestones, including the development of advanced recycling processes. Chevron Phillips Chemical is recognised for its robust market position, consistently ranking among the top producers in the industry. Its unique offerings, such as high-performance materials and custom solutions, set it apart in a competitive landscape, making it a trusted partner for various sectors, including packaging, automotive, and construction.
DitchCarbon Score
How does Chevron Phillips'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 Chemicals 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 Phillips's score of 21 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chevron Phillips's reported carbon emissions
In 2023, Chevron Phillips reported significant carbon emissions, with Scope 1 emissions totalling approximately 7,200,000,000 kg CO2e and Scope 2 emissions at about 2,400,000,000 kg CO2e, resulting in a combined total of around 9,600,000,000 kg CO2e for these scopes. The company has consistently reported similar emissions figures over the years, with Scope 1 and 2 emissions remaining relatively stable. Chevron Phillips has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any other formal climate pledges. This lack of defined reduction strategies suggests that while the company is aware of its emissions, it may not have committed to specific, measurable targets for reducing its carbon footprint. The company’s emissions profile indicates a reliance on fossil fuel-based processes, typical of the petrochemical industry, which faces increasing pressure to transition towards more sustainable practices. As the industry evolves, Chevron Phillips may need to consider implementing comprehensive climate strategies to align with global climate goals and stakeholder expectations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2011 | 2012 | 2013 | 2014 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 400 | 000 | 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 2 | 600 | 000 | 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 | 800 | 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 Phillips 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.
