Equinor

Equinor, headquartered in Norway and operating in crude petroleum and related services, aims to achieve net-zero emissions by 2050.

For 2025, Equinor reported Scope 1 and 2 market-based emissions of approximately 14 billion kg CO2e. In 2024, Scope 1 and 2 market-based emissions were approximately 17 billion kg CO2e. In 2023, Equinor's Scope 1 emissions were approximately 11.5 billion kg CO2e, Scope 2 market-based emissions were approximately 3.1 billion kg CO2e, and Scope 3 emissions included approximately 90 million kg CO2e from business travel and approximately 250 billion kg CO2e from the use of sold products.

The company is committed to reducing Scope 1 and 2 emissions from its operated activities by 50% by 2030, compared to 2015 levels. As of the end of 2024, emissions had been reduced by 34% against the 2015 baseline. Equinor targets an upstream CO2 intensity of 6 kg CO2 per barrel of oil equivalent for its operated Scope 1 and 2 emissions by 2030. Additionally, Equinor aims to reduce the net carbon intensity of the energy it provides by 15-20% by 2030 and by 30-40% by 2035, against 2019 levels, towards its 2050 net-zero ambition. The company also maintains a near-zero methane and flaring intensity, significantly lower than the industry average, and is working to sustain this performance towards 2030.