Marathon Oil

Marathon Oil, headquartered in the US and operating within the oil and gas sector, reported a total of approximately 47.23 billion kg CO2e in emissions for 2022. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

For 2022, Marathon Oil's Scope 1 emissions amounted to approximately 3.17 billion kg CO2e, and Scope 2 emissions were around 190 million kg CO2e. Scope 3 emissions, specifically from the use of sold products, were approximately 42.05 billion kg CO2e.

In 2021, the company's total emissions were approximately 46.34 billion kg CO2e. Scope 1 emissions were reported at about 3.53 billion kg CO2e, with Scope 2 at approximately 180 million kg CO2e. The use of sold products within Scope 3 accounted for roughly 42.58 billion kg CO2e.

Looking back to 2020, total emissions were approximately 4.64 billion kg CO2e, comprising Scope 1 emissions of about 4.24 billion kg CO2e and Scope 2 emissions of approximately 200 million kg CO2e. Scope 3 data was not disclosed for this year.

In 2019, total emissions were approximately 6.82 billion kg CO2e, with Scope 1 at about 6.47 billion kg CO2e and Scope 2 at roughly 180 million kg CO2e. Scope 3 data was not disclosed for this year.

Marathon Oil has set several reduction targets. The company aimed to cut the carbon intensity of its operations by 50% by 2020, using a 2009 baseline, for both Scope 1 and Scope 2 emissions. More recently, for Scope 1 and Scope 2 methane intensity, an 80% reduction target is set for 2030, with a near-term goal of a 60% reduction by 2025, both against a 2019 baseline. Furthermore, the company aims for a 50% reduction in Scope 1 and 2 GHG intensity by 2025. The achievement of long-term GHG intensity reduction goals implies an absolute GHG emissions reduction of approximately 75% relative to their 2019 baseline by 2030.