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 26 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chevron Phillips's reported carbon emissions
In 2023, Chevron Phillips Chemical Company (CPChem) reported total carbon emissions of approximately 7,200,000,000 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at about 7,200,000,000 kg CO2e and Scope 2 emissions at approximately 2,400,000,000 kg CO2e. This represents a total of about 9,600,000,000 kg CO2e for the year. CPChem has set ambitious climate commitments, targeting a 15% reduction in carbon intensity for both Scope 1 and Scope 2 emissions by 2030, using a 2020 baseline. This commitment reflects the company's proactive approach to mitigating its environmental impact and aligns with industry standards for sustainability. Historically, CPChem's emissions have remained consistent, with similar figures reported in previous years. For instance, in 2022, the company reported approximately 7,100,000,000 kg CO2e for Scope 1 and 2 emissions combined. The company continues to focus on improving its emissions intensity, demonstrating a commitment to reducing its carbon footprint in the chemical manufacturing sector.
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| 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 participating in any of the initiatives that 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.
