ConocoPhillips, a leading global oil and gas exploration and production company, is headquartered in the United States. Founded in 1875, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Specialising in upstream activities, ConocoPhillips focuses on the exploration, production, and transportation of crude oil, natural gas, and natural gas liquids. With a commitment to innovation and sustainability, ConocoPhillips has achieved significant milestones, including advancements in technology and operational efficiency. The company is recognised for its robust portfolio of assets and its strategic approach to resource management, positioning it as a formidable player in the energy sector. Notable achievements include its strong market position and dedication to responsible energy development, making ConocoPhillips a trusted name in the industry.
How does Conocophillips's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Conocophillips's score of 31 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, ConocoPhillips reported total carbon emissions of approximately 15507000000 kg CO2e for Scope 1, 16438000000 kg CO2e for Scope 2, and significant Scope 3 emissions, including about 236000000000 kg CO2e from the use of sold products. In 2023, their global emissions were approximately 16432000000 kg CO2e for Scope 1 and 17433000000 kg CO2e for Scope 2, with no Scope 3 data disclosed. ConocoPhillips has set ambitious climate commitments, aiming for net-zero operational emissions by 2050 on an absolute emissions basis. They are also targeting a reduction in greenhouse gas emissions intensity by 50-60% by 2030, using a 2016 baseline. Notably, the company aims to achieve zero routine flaring by 2025, five years ahead of the World Bank Initiative's goal. These commitments reflect ConocoPhillips's proactive approach to addressing climate change and reducing its carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 25,928,475,000 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 
| Scope 2 | 1,625,189,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | 000,000,000,000 | 
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 90% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Conocophillips has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
