Equinor
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.
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.
Industry Benchmark
Equinor's score of 37 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Equinor's reported carbon emissions
In 2023, Equinor reported total carbon emissions of approximately 11,600,000,000 kg CO2e, which includes 11,500,000,000 kg CO2e from Scope 1 and 3,100,000,000 kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions, with significant contributions from the use of sold products (approximately 250,000,000,000 kg CO2e) and business travel (about 90,000,000 kg CO2e). Equinor has set a long-term commitment to achieve net-zero emissions by 2050, with this ambition outlined in their sustainability documentation. This target encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. In 2022, Equinor's emissions were reported at approximately 11,400,000,000 kg CO2e for Scope 1 and 2 combined, indicating a stable emission profile over the years. The company has also reported upstream CO₂ intensity figures, with 6,700 kg CO2e per barrel of oil equivalent in 2023, demonstrating their focus on reducing emissions intensity in their operations. Equinor's climate commitments and emissions data reflect their proactive stance in addressing climate change, aligning with industry standards and expectations for transparency and accountability in emissions reporting.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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
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.
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.
