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Marathon Petroleum
Petroleum CokeUnited StatesXETRA: MPN.DE
Last verified 11 months agomarathonpetroleum.com
Marathon Petroleum Corporation, frequently referred to as MPC, is a leading integrated energy company with its headquarters located in Findlay, Ohio, USA. Formed in 2011 as an independent entity, the company proudly traces its operational history within the petroleum industry back to 1887, establishing a deep legacy of expertise.
MPC primarily focuses on the refining, marketing, and transportation of petroleum products, operating one of the largest refining systems in the United States. Its core business delivers essential fuels like gasoline, diesel, and jet fuel, alongside specialised products such as asphalt and petroleum coke. Through its robust midstream operations, including MPLX, Marathon Petroleum plays a critical role in the gathering, processing, and efficient transportation of crude oil and natural gas across the nation.
17
DitchCarbon score
-6 vs industry average
Marathon Petroleum’s score of 17 is lower than 41% 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
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
Marathon Petroleum, a US-based Petroleum Coke company, reported its 2023 carbon emissions. In 2023, the company's Scope 1 emissions were about 33 billion kg CO2e, and its Scope 2 emissions were approximately 6.8 billion kg CO2e. Scope 3 emissions, specifically from the use of sold products, totalled about 400 billion kg CO2e.
Marathon Petroleum has set several climate commitments. The company adopted a target in 2020 to reduce its company-wide Scope 1 and 2 GHG emissions intensity by 30% below 2014 levels by 2030. Additionally, they aim to reduce NOx emissions by 20% by 2025 from 2017 levels, striving for a total reduction of approximately 49%. For its MPLX operations, Marathon Petroleum aims to reduce methane emissions intensity by 50% by 2025 from 2016 levels. The company also has a further intensity reduction target for Scope 1 and 2 GHG emissions of 38% by 2035 from 2014 levels. There is also a target to reduce Scope 3 - category 11 GHG emissions by 5% by 2030 from 2019 levels. In 2018, the company reported a 2% decrease in its direct and indirect (Scope 1 and 2) GHG emissions intensity from 2017 levels.
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Marathon Petroleum’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Marathon Petroleum11 months ago
17
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