Equinor

Equinor, headquartered in Norway, aims to become a net-zero company by 2050. The company reported Scope 3 emissions of approximately 257 billion kg CO2e in 2025. In 2023, Equinor's Scope 1 emissions were 11.5 billion kg CO2e, Scope 2 market-based emissions were 3.1 billion kg CO2e, and reported Scope 3 emissions included 250 billion kg CO2e from the use of sold products and 90 million kg CO2e from business travel.

Equinor has set a target to reduce Scope 1 and 2 emissions from its operated activities by 50% from 2015 levels by 2030, aligning with a 1.5°C science-based pathway. By the end of 2024, the company had already achieved a 34% reduction in these emissions compared to 2015. Equinor also aims to reduce the net carbon intensity of the energy it provides by 15-20% by 2030 and by 30-40% by 2035, against a 2019 baseline, on its path to net-zero by 2050. The company’s upstream CO2 intensity target for 2030 is 6 kg CO2 per barrel of oil equivalent for operated Scope 1 and 2 emissions.