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Public Profile
Crude Oil Extraction
NO
updated 23 days ago

Equinor

Company website

Equinor ASA, formerly known as Statoil, is a leading energy company headquartered in Norway. Established in 1972, Equinor has evolved into a global player in the oil, gas, and renewable energy sectors, with significant operations in regions such as the North Sea, Brazil, and the United States. The company focuses on oil and gas exploration, production, and renewable energy solutions, including offshore wind and solar power. Equinor is recognised for its commitment to sustainability and innovation, positioning itself as a frontrunner in the transition to a low-carbon future. With a strong market presence and notable achievements, including pioneering offshore wind projects, Equinor continues to shape the energy landscape while prioritising environmental stewardship and technological advancement.

DitchCarbon Score

How does Equinor'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.

37

Industry Average

Mean score of companies in the Crude Oil Extraction 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.

5

Industry Benchmark

Equinor's score of 37 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

73%

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Equinor's reported carbon emissions

In 2023, Equinor reported total carbon emissions of approximately 116,000,000,000 kg CO2e, which includes 11,500,000,000 kg CO2e from Scope 1 and 100,000,000 kg CO2e from Scope 2 emissions. Notably, Scope 3 emissions were significantly higher, amounting to about 250,000,000,000 kg CO2e, primarily from the use of sold products. Equinor has set an ambitious target to achieve net-zero emissions by 2050, with this commitment encompassing all scopes of emissions. This long-term goal reflects the company's dedication to addressing climate change and transitioning towards sustainable energy solutions. In terms of upstream carbon intensity, Equinor reported an upstream CO₂ intensity of about 6,700 kg CO2e per barrel of oil equivalent in 2023. The company is actively working on initiatives to reduce its carbon footprint and enhance its sustainability practices, aligning with industry standards and expectations. Overall, Equinor's emissions data and climate commitments demonstrate a proactive approach to reducing carbon emissions and contributing to global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20162017201820192020202120222023
Scope 1
15,400,000,000
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
2,600,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
239,100,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Equinor's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Equinor is in NO, which has a very low grid carbon intensity relative to other regions.

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.

Equinor 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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