Marathon Oil

Marathon Oil, a US-based company in the Oil seeds industry, reported its 2022 Scope 1 emissions as approximately 3.17 billion kg CO2e and Scope 2 emissions as approximately 190 million kg CO2e. For the same year, its Scope 3 emissions from the use of sold products were approximately 42.05 billion kg CO2e.

Looking at previous years, Marathon Oil's Scope 1 emissions were approximately 3.53 billion kg CO2e in 2021, and about 4.24 billion kg CO2e in 2020. Scope 2 emissions were approximately 180 million kg CO2e in 2021 and 200 million kg CO2e in 2020. Scope 3 emissions from the use of sold products were approximately 42.58 billion kg CO2e in 2021. The company disclosed Scope 1 and Scope 2 emissions dating back to 2016, and some Scope 3 data for 2015.

Marathon Oil has committed to several climate reduction targets. The company aims for a 50% reduction in its Scope 1 and Scope 2 GHG intensity by 2025, using a 2019 baseline. Furthermore, it targets an 80% reduction in methane intensity (Scope 1 and Scope 2) by 2030, also from a 2019 baseline. A shorter-term methane intensity target is a 60% reduction (Scope 1 and Scope 2) by 2025, using a 2019 baseline. The company projects that achieving its long-term GHG intensity reduction goal would result in an absolute Scope 1 GHG emissions reduction of approximately 75% relative to its 2019 baseline by 2030. Earlier commitments from 2009 aimed to cut the carbon intensity of its Scope 1 and Scope 2 operations in half by 2020.

Emissions data for Marathon Oil is cascaded from its parent company, Marathon Oil Corporation.