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Public Profile
Oil Seeds
US
updated 23 days ago

Marathon Oil

Company website

Marathon Oil Corporation, commonly referred to as Marathon Oil, is a prominent player in the energy sector, headquartered in the United States. Founded in 1887, the company has evolved significantly, focusing on exploration and production of oil and natural gas, primarily in the United States and internationally in regions such as the North Sea and Africa. Marathon Oil is renowned for its commitment to operational excellence and sustainability, offering a diverse portfolio of products and services that include upstream oil and gas exploration, production, and development. The company’s strategic focus on high-return assets and innovative technologies has solidified its position as a leader in the industry. With a strong emphasis on environmental stewardship, Marathon Oil continues to achieve notable milestones, reinforcing its reputation as a responsible energy provider.

DitchCarbon Score

How does Marathon Oil'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.

23

Industry Average

Mean score of companies in the Oil Seeds 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.

8

Industry Benchmark

Marathon Oil's score of 23 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

73%

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Marathon Oil's reported carbon emissions

In 2022, Marathon Oil Corporation reported total carbon emissions of approximately 31,700,000 kg CO2e for Scope 1, 190,000 kg CO2e for Scope 2, and a significant 42,050,000,000 kg CO2e for Scope 3 emissions, primarily from the use of sold products. The combined total for Scope 1 and Scope 2 emissions was about 3,120,000,000 kg CO2e. This data reflects a slight decrease in Scope 1 emissions from 2021, where they were approximately 35,300,000 kg CO2e, while Scope 2 emissions remained relatively stable. Marathon Oil has set ambitious reduction targets, aiming for a 60% reduction in methane intensity (Scope 1 and 2) by 2025, and a 50% reduction in GHG intensity (Scope 1 and 2) by the same year. Furthermore, they have committed to achieving a 75% absolute reduction in GHG emissions by 2030, relative to their 2019 baseline. Additionally, they aim for an 80% reduction in methane intensity by 2030. The emissions data and reduction targets are cascaded from Marathon Oil Corporation, which is the parent company. The company is actively working towards enhancing energy efficiency and reducing carbon intensity across its operations, aligning with industry standards for climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2016201720182019202020212022
Scope 1
3,070,000,000
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 2
190,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Marathon Oil's primary industry is Oil seeds, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Marathon Oil is in US, which has a low grid carbon intensity relative to other regions.

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.

Marathon Oil is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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