Public Profile

Equinor

Equinor ASA, formerly known as Statoil, is a leading energy company headquartered in Norway. Established in 1972, Equinor has evolved into a global player in the oil, gas, and renewable energy sectors, with significant operations in regions such as the North Sea, Brazil, and the United States. The company focuses on oil and gas exploration, production, and renewable energy solutions, including offshore wind and solar power. Equinor is recognised for its commitment to sustainability and innovation, positioning itself as a frontrunner in the transition to a low-carbon future. With a strong market presence and notable achievements, including pioneering offshore wind projects, Equinor continues to shape the energy landscape while prioritising environmental stewardship and technological advancement.

DitchCarbon Score

How does Equinor'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.

44

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Equinor's score of 44 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

Equinor's reported carbon emissions

In 2023, Equinor reported total carbon emissions of approximately 11,500,000,000 kg CO2e globally, with 11,400,000,000 kg CO2e attributed to Scope 1 emissions and 100,000,000 kg CO2e to Scope 2 emissions. The company also recorded Scope 3 emissions of about 250,000,000,000 kg CO2e, primarily from the use of sold products. In Norway, Equinor's emissions for 2023 were approximately 10,900,000,000 kg CO2e, all of which fell under Scope 1 and 2. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been detailed in the provided data. Historically, Equinor's emissions have fluctuated, with significant figures reported in previous years, such as 14,700,000,000 kg CO2e in 2019 and 12,000,000,000 kg CO2e in 2021. The company has been actively working on improving its emissions intensity, with upstream CO2 intensity reported at 6,700 kg CO2e per barrel of oil equivalent in 2023. Equinor's climate commitments align with industry standards, focusing on reducing emissions across all scopes, particularly in its operational activities. However, the absence of specific reduction targets indicates a need for further clarity on their long-term climate strategy.

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Add to project
201820192020202120222023
Scope 1
14,900,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
Scope 2
3,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
252,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Equinor's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Equinor is headquartered in NO, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Equinor is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers