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Oxy, officially known as Oxy, Inc., is a prominent player in the chemicals industry, headquartered in the United States. Specialising in chemicals not classified elsewhere (nec), the company serves a diverse range of sectors with a focus on innovative solutions and high-quality products. Since its founding in 1980, Oxy has established a strong market presence through continuous development and strategic expansion across North America and beyond.
The company's core offerings include specialised chemical products and services tailored to industrial applications, with a reputation for reliability and technical expertise. Oxy’s achievements in delivering customised chemical solutions have positioned it as a notable leader within its niche market. Its commitment to innovation and operational excellence underscores its role as a key contributor to the chemicals nec industry.
-4 vs industry average
Oxy’s score of 28 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemicals is among the most carbon-intensive industries
The Chemicals industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
Oxy, a US-based company in the Chemicals nec industry, reported its most recent carbon emissions for 2024. Its Scope 1 emissions were 17,900,000,000 kg CO2e, and its Scope 2 emissions were approximately 4,830,000,000 kg CO2e (market-based). In 2023, the company's Scope 1 emissions were approximately 17,370,000,000 kg CO2e, with Scope 2 market-based emissions at about 4,830,000,000 kg CO2e. For 2022, Oxy's Scope 1 emissions were around 17,600,000,000 kg CO2e, and Scope 2 location-based emissions were approximately 4,900,000,000 kg CO2e.
Looking further back, in 2021, Oxy reported Scope 1 emissions of approximately 18,500,000,000 kg CO2e, Scope 2 emissions of about 4,840,000,000 kg CO2e, and Scope 3 emissions of around 212,000,000,000 kg CO2e. In 2020, Scope 1 emissions were roughly 19,020,000,000 kg CO2e, Scope 2 emissions were about 4,810,000,000 kg CO2e, and Scope 3 emissions were approximately 226,000,000,000 kg CO2e. The company’s 2019 Scope 1 emissions were approximately 21,620,000,000 kg CO2e, with Scope 2 location-based emissions at about 5,910,000,000 kg CO2e.
Oxy has set a net-zero target for its Scope 1 and Scope 2 emissions before 2040, with an ambition to achieve this by 2035. Additionally, the company aims for net-zero emissions associated with the use of its products (all scopes) before 2050. These targets are detailed in their 2024 Sustainability Report and Net-Zero Strategy Poster.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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