Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
Chevron Corporation, a leading player in the crude petroleum industry, is headquartered in the United States. Founded in 1879, the company has established a significant presence in major operational regions, including North America, South America, Africa, and Asia. Chevron is primarily engaged in crude oil extraction and related services, excluding surveying, and is renowned for its innovative approaches to energy production.
The company offers a diverse range of products and services, including upstream exploration and production, refining, and marketing of petroleum products. Chevron's commitment to sustainability and technological advancement sets it apart in a competitive market. With a strong market position, Chevron has achieved numerous milestones, including significant investments in renewable energy initiatives, reinforcing its status as a forward-thinking leader in the energy sector.
32
DitchCarbon score
+16 vs industry average
Chevron’s score of 32 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Chevron?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Very High
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
0.868
20182025
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
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.
Chevron's reported carbon emissions
Chevron reported Scope 1 emissions of 54 billion kg CO2e, Scope 2 emissions of 4 billion kg CO2e (market-based), and Scope 3 emissions from the use of sold products of 1,565 billion kg CO2e in 2024. For 2023, the company reported Scope 1 emissions of 52 billion kg CO2e, Scope 2 emissions of 4 billion kg CO2e (market-based), and total Scope 3 emissions of 1,566 billion kg CO2e.
Chevron has set several climate commitments. The company aims to achieve net-zero Scope 1 and 2 emissions by 2050. Near-term intensity targets include reducing flaring intensity by 25% to 30% and methane emissions intensity by 20% to 25% by 2023, using a 2016 baseline. Additionally, Chevron has a 2028 Upstream carbon intensity target to reduce flaring intensity by 66% from its 2016 baseline, aiming for 3.0 kg CO2e per barrel of oil equivalent. Since 2013, Chevron has reduced flaring and associated emissions by 22%. The company is committed to managing its greenhouse gas emissions through improving energy efficiency, reducing flaring and venting, and fixing methane leaks.
Assessing Chevron as a supplier or portfolio company?
- See verified emissions data for over 2 million organizations
- View emissions forecasts for Chevron and the organizations you buy from or invest in
- Get PCAF data quality (DQ) scores, including for private organizations
Chevron’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
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See 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
Chevron2 months ago
32
Need this data for financed emissions?
PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more