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.
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.
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.
Chevron Phillips's score of 18 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Chevron Phillips reported total carbon emissions of approximately 9,600,000,000 kg CO2e, comprising 7,200,000,000 kg CO2e from Scope 1 and 2,400,000,000 kg CO2e from Scope 2 emissions. This reflects a consistent trend in their emissions reporting, with similar figures recorded in previous years, such as 9,300,000,000 kg CO2e in 2022 and 9,500,000,000 kg CO2e in 2021. The company has maintained a steady level of emissions across all three scopes, with Scope 1 emissions consistently around 7,200,000,000 kg CO2e and Scope 2 emissions at approximately 2,400,000,000 kg CO2e in recent years. However, there are no specific reduction targets or initiatives disclosed in their current climate commitments, indicating a potential area for improvement in their sustainability strategy. Chevron Phillips's emissions intensity has shown some variation, with reported figures of 590.0 kg CO2e per tonne in 2022 and 560.0 kg CO2e per tonne in 2023. Despite the lack of formal reduction targets, the company continues to monitor and report its emissions, aligning with industry standards for transparency in climate-related disclosures.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2010 | 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 | - | - | - | - | - | - |
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.