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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 Scope 1 emissions of 17.9 billion kg CO2e and Scope 2 emissions (market-based) of 2 billion kg CO2e in 2024. For the year 2023, the company's Scope 1 emissions were approximately 17.37 billion kg CO2e, with Scope 2 emissions (market-based) at about 4.83 billion kg CO2e. In 2022, Oxy's Scope 1 emissions were around 17.6 billion kg CO2e and Scope 2 emissions (location-based) were approximately 4.9 billion kg CO2e.
Looking further back, in 2021, Oxy reported Scope 1 emissions of approximately 18.5 billion kg CO2e, Scope 2 emissions of around 4.84 billion kg CO2e, and Scope 3 emissions of about 212 billion kg CO2e. In 2020, their Scope 1 emissions were about 19.02 billion kg CO2e, Scope 2 emissions were around 4.81 billion kg CO2e, and Scope 3 emissions were approximately 226 billion kg CO2e.
Oxy has a net-zero commitment for its Scope 1 and 2 emissions by 2040, with an ambition to achieve this before 2035. The company also aims for net-zero emissions associated with the use of its products (all scopes) before 2050. Additionally, there is a long-term target to reduce GHG emissions by 80% below 1990 levels by 2050, specifically for Scope 1 emissions, as mandated by Executive Order S-3-05.
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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