Conocophillips
ConocoPhillips, a leading global oil and gas exploration and production company, is headquartered in the United States. Founded in 1875, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Specialising in upstream activities, ConocoPhillips focuses on the exploration, production, and transportation of crude oil, natural gas, and natural gas liquids. With a commitment to innovation and sustainability, ConocoPhillips has achieved significant milestones, including advancements in technology and operational efficiency. The company is recognised for its robust portfolio of assets and its strategic approach to resource management, positioning it as a formidable player in the energy sector. Notable achievements include its strong market position and dedication to responsible energy development, making ConocoPhillips a trusted name in the industry.
DitchCarbon Score
How does Conocophillips'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 Gas/Diesel Oil 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
Conocophillips's score of 32 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Conocophillips's reported carbon emissions
In 2023, ConocoPhillips reported total carbon emissions of approximately 218,000,000,000 kg CO2e across all scopes. This includes about 17,400,000,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and about 1,000,000,000 kg CO2e from Scope 2 emissions, related to purchased electricity. The majority of their emissions, approximately 218,000,000,000 kg CO2e, fall under Scope 3, primarily from the use of sold products. ConocoPhillips has set ambitious climate commitments, aiming for net-zero operational emissions by 2050 on an absolute emissions basis. They are also targeting a reduction in greenhouse gas emissions intensity by 50-60% by 2030, using 2016 as a baseline. Additionally, the company aims to achieve zero routine flaring by 2025, five years ahead of the World Bank Initiative's goal. These initiatives reflect ConocoPhillips's commitment to addressing climate change and reducing its carbon footprint in the oil and gas sector.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 25,928,475,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 1,625,189,000 | 0,000,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | 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.
Conocophillips is participating in some 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.
