Public Profile

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.

27

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.

0

Industry Benchmark

Equinor's score of 27 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Equinor's reported carbon emissions

In 2023, Equinor reported total carbon emissions of approximately 11,500,000,000 kg CO2e for Scope 1 and 2, and approximately 250,000,000,000 kg CO2e for Scope 3 emissions globally. The company has demonstrated a commitment to reducing its carbon footprint, with a focus on transitioning to lower-carbon energy solutions. From 2021 to 2023, Equinor's Scope 1 and 2 emissions decreased from approximately 12,000,000,000 kg CO2e to about 11,500,000,000 kg CO2e, indicating a positive trend towards emission reduction. However, there are currently no specific reduction targets or initiatives disclosed in their climate commitments. Equinor's emissions profile reflects its ongoing efforts to align with industry standards for sustainability and climate action, although further details on specific reduction initiatives or targets are not available. The company continues to focus on enhancing its operational efficiency and investing in renewable energy sources to mitigate its environmental impact.

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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. Equinor is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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 committed to some reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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