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 32 is higher than 99% 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 for Scope 1 and about 100,000,000 kg CO2e for Scope 2, resulting in a combined total of approximately 11,600,000,000 kg CO2e for these scopes. Additionally, Scope 3 emissions were significant, amounting to approximately 250,000,000,000 kg CO2e, primarily from the use of sold products. In 2022, the company recorded similar emissions, with Scope 1 at approximately 11,400,000,000 kg CO2e and Scope 2 at about 100,000,000 kg CO2e, leading to a total of around 11,400,000,000 kg CO2e for Scope 1 and 2 combined. Scope 3 emissions for that year were approximately 243,000,000,000 kg CO2e. Equinor has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the company is actively engaged in sustainability efforts and aims to transition towards lower carbon energy solutions. The focus on reducing carbon intensity in its operations is evident, with reported upstream CO2 intensities of about 6,700 kg CO2e per barrel of oil equivalent in 2023. Equinor's headquarters is located in Norway (NO), and it continues to align its operations with global climate goals, although specific reduction targets have not been outlined in the available data.
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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.
