Marathon Oil

Marathon Oil reported approximately 45.3 billion kg CO2e in total emissions for 2022. This includes about 3.17 billion kg CO2e from Scope 1 emissions, 190 million kg CO2e from Scope 2 emissions, and approximately 42.05 billion kg CO2e from Scope 3 emissions, specifically from the use of sold products.

Looking back, in 2021, total emissions were around 46.29 billion kg CO2e, with Scope 1 at about 3.53 billion kg CO2e, Scope 2 at 180 million kg CO2e, and Scope 3 (use of sold products) at approximately 42.58 billion kg CO2e. In 2020, Marathon Oil's Scope 1 emissions were about 4.24 billion kg CO2e and Scope 2 emissions were 200 million kg CO2e. For 2019, Scope 1 emissions were approximately 6.47 billion kg CO2e and Scope 2 emissions were 180 million kg CO2e.

Marathon Oil has set several climate commitments. The company aimed to cut the carbon intensity of its operations (Scope 1 and Scope 2) by 50% by 2020, against a 2009 baseline. They also have a long-term goal to achieve an 80% reduction in Methane Intensity (Scope 1 & 2) by 2030, based on a 2019 baseline. Furthermore, Marathon Oil is targeting a 60% reduction in Methane Intensity (Scope 1 & 2) by 2025 from a 2019 baseline. The company also states that achieving its long-term GHG intensity reduction goal would imply an absolute GHG emissions reduction of approximately 75% relative to its 2019 baseline by 2030.