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OrganisationsMarathon Petroleum
Marathon Petroleum logo

Marathon Petroleum

Petroleum CokeUnited StatesXETRA: MPN.DE
Last verified 9 months agomarathonpetroleum.com

Marathon Petroleum Corporation, commonly referred to as Marathon Petroleum, is a leading American integrated downstream energy company headquartered in Findlay, Ohio. Founded in 1887, the company has evolved significantly, becoming a key player in the refining, marketing, and transportation of petroleum products across the United States and internationally.

With a robust portfolio that includes refining operations, retail services, and logistics, Marathon Petroleum stands out for its commitment to operational excellence and sustainability. The company operates one of the largest refining systems in the U.S., with a capacity exceeding 3 million barrels per day, and boasts a vast network of retail locations under the Marathon brand.

Recognised for its strategic acquisitions and innovative approaches, Marathon Petroleum has solidified its market position, consistently ranking among the top refiners in the nation. Its focus on efficiency and environmental stewardship further enhances its reputation in the competitive energy sector.

19
DitchCarbon score

0 vs industry average

Marathon Petroleum’s score of 19 is lower than 46% 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

Petroleum Coke is among the most carbon-intensive industries

Industry performance

0.638
20182025

The Petroleum Coke industry has reduced its overall emissions by 27% since 2018

Emissions trajectory 2020 – 2026

000.0B000.0B000.0B000.0B0

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2020202120222023202420252026

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.

Marathon Petroleum's reported carbon emissions

In 2023, Marathon Petroleum reported total carbon emissions of approximately 1.4 billion kg CO2e, comprising 33 billion kg CO2e from Scope 1, 6.8 billion kg CO2e from Scope 2, and 400 billion kg CO2e from Scope 3 emissions related to the use of sold products. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes.

The company has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 and 2 greenhouse gas emissions intensity by 2030, based on 2014 levels. Additionally, they are targeting a 20% reduction in nitrogen oxides (NOx) emissions by 2025, striving for an overall reduction of approximately 49% from 2017 levels. These initiatives demonstrate Marathon Petroleum's commitment to addressing its environmental impact and aligning with industry standards for climate action.

Marathon Petroleum's emissions data is not cascaded from any parent organization, ensuring that the reported figures are specific to its operations. The company continues to focus on reducing its carbon footprint while maintaining operational efficiency in the competitive energy sector.

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Marathon Petroleum’s Climate Goals (2030 & 2050)

5 goals

2025

20% reduction in Scope 2

We aim to reduce NOx emissions by 20%, striving for a total reduction of ~49% from 2017 levels.

At risk20%

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%

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Scope 3 top emissions categories

1 of 15 categories disclosed
Use of Sold Products100%
Use of Sold Products100%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Marathon Petroleum logoMarathon Petroleum
USPetroleum Coke
9 months ago
19
Royal Dutch Shell logoRoyal Dutch Shell
GBPetroleum Refineries
2 days ago
87
View
TotalEnergies logoTotalEnergies
FRPetroleum Refineries
1 day ago
73
View
Ambev logoAmbev
BRBeverage Manufacturing
5 days ago
66
View
Bp logoBp
GBCrude Petroleum Extraction
7 hours ago
45
View
Conocophillips logoConocophillips
USGas/Diesel Oil
4 days ago
39
View
Alimentation Couche Tard logoAlimentation Couche Tard
CARetail Trade Services
5 days ago
38
View

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