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 69% 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 11,500,000,000 kg CO2e from Scope 1 and 3 emissions, with Scope 1 emissions at about 11,500,000,000 kg CO2e and Scope 2 emissions at approximately 3,100,000,000 kg CO2e (market-based). Notably, Scope 3 emissions from the use of sold products reached about 250,000,000,000 kg CO2e, highlighting the significant impact of their products on overall emissions. Equinor has set a long-term commitment to achieve net-zero emissions by 2050, with this ambition starting in 2023. This commitment encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. The company is actively working towards reducing its carbon footprint and transitioning to more sustainable energy solutions. In 2022, Equinor's total emissions were reported at approximately 11,400,000,000 kg CO2e for Scope 1 and 2 combined, indicating a stable emission level as they progress towards their net-zero target. The company has also disclosed upstream CO₂ intensity metrics, with a reported intensity of about 6,700 kg CO2e per barrel of oil equivalent for Scope 1 emissions. Equinor's climate commitments and emissions data are not cascaded from any parent organization, ensuring that their targets and reporting are independently established. The company continues to focus on transparency and accountability in its sustainability efforts.
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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 |
| 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 |
| 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 |
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.
