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ConocoPhillips, a leading player in the gas and diesel oil industry, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1875, the company has evolved significantly, marking key milestones such as its merger with Phillips Petroleum in 2002, which solidified its position as a major integrated energy provider.
Specialising in the exploration, production, and distribution of oil and natural gas, ConocoPhillips is renowned for its commitment to sustainable practices and innovative technologies. Its core products include crude oil, natural gas liquids, and refined petroleum products, distinguished by their high quality and efficiency. With a strong market presence, ConocoPhillips continues to achieve notable milestones, reinforcing its reputation as a leader in the energy sector.
32
DitchCarbon score
+16 vs industry average
Conocophillips’s score of 32 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Gas/Diesel Oil is among the most carbon-intensive industries
Industry performance
0.698
20182025
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Conocophillips's reported carbon emissions
ConocoPhillips, a US-headquartered Gas/Diesel Oil company, reported its total carbon emissions for 2024 as approximately 277.6 billion kg CO2e. This includes Scope 1 emissions of around 15.5 billion kg CO2e, Scope 2 emissions of approximately 931.5 million kg CO2e, and Scope 3 emissions of about 261.5 billion kg CO2e.
Looking at previous years, in 2023, ConocoPhillips's Scope 1 emissions were approximately 16.4 billion kg CO2e, and Scope 2 emissions were around 17.4 billion kg CO2e. For 2022, Scope 1 emissions were about 15.0 billion kg CO2e, and Scope 2 emissions were approximately 16.1 billion kg CO2e.
ConocoPhillips has set several climate commitments. The company aims for net-zero operational emissions (Scope 1 and 2) by 2050 on an absolute emissions basis. In the near term, ConocoPhillips is targeting a 50-60% reduction in GHG emissions intensity (Scope 1 and 2) by 2030, using a 2016 baseline. Additionally, the company has set a goal to achieve zero routine flaring by 2025, which applies to both Scope 1 and Scope 2 emissions.
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Conocophillips’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Conocophillips2 days ago
32
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