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Equinor ASA, formerly known as Statoil, is a leading energy company headquartered in Norway (NO), specialising in crude petroleum and services related to crude oil extraction, excluding surveying. Founded in 1972, Equinor has established a strong presence in key operational regions, including the North Sea, Brazil, and the United States.
The company focuses on the exploration, production, and development of oil and gas resources, with a commitment to sustainability and innovation. Equinor is recognised for its advanced technologies and efficient operations, positioning itself as a significant player in the global energy market. Notable achievements include its transition towards renewable energy sources, reflecting its dedication to a low-carbon future while maintaining a robust portfolio in traditional oil and gas sectors.
40
DitchCarbon score
+24 vs industry average
Equinor’s score of 40 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
0.868
20182025
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Equinor's reported carbon emissions
Equinor, headquartered in Norway and operating in crude petroleum and related services, is committed to reducing its carbon emissions.
For 2025, Equinor reported Scope 3 emissions of 257,000,000,000 kg CO2e, with Scope 1 and 2 emissions (market-based) at 14,000,000,000 kg CO2e. In 2024, the company's Scope 1 and 2 emissions (market-based) were 17,000,000,000 kg CO2e.
Looking back to 2023, Equinor disclosed:
- Scope 1 emissions of 11,500,000,000 kg CO2e.
- Scope 2 emissions (market-based) of 3,100,000,000 kg CO2e and (location-based) of 100,000,000 kg CO2e.
- Scope 3 emissions, including 90,000,000 kg CO2e from business travel and 250,000,000,000 kg CO2e from the use of sold products.
Equinor has set an ambition to achieve net-zero emissions by 2050 across all scopes. Intermediate targets include reducing the net carbon intensity of the energy it provides by 15-20% by 2030 and by 30-40% by 2035, compared to 2019 levels. The company also aims for a 50% net reduction in operated Scope 1 and 2 emissions by 2030, compared to a 2015 baseline. By the end of 2024, Equinor had achieved a 34% reduction in these emissions against the 2015 baseline.
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Equinor’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Equinor8 months ago
40
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