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.
Industry Average
Mean score of companies in the Crude Oil Extraction 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.
Industry Benchmark
Equinor's score of 32 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Equinor's reported carbon emissions
In 2023, Equinor reported total carbon emissions of approximately 11,500,000,000 kg CO2e from Scope 1 and 100,000,000 kg CO2e from Scope 2, resulting in a combined total of about 11,600,000,000 kg CO2e for these scopes. Additionally, Scope 3 emissions were significant, amounting to approximately 250,000,000,000 kg CO2e, primarily from the use of sold products. In 2022, Equinor's emissions were similar, with Scope 1 emissions at about 11,400,000,000 kg CO2e and Scope 2 emissions also around 100,000,000 kg CO2e, leading to a total of approximately 11,400,000,000 kg CO2e for Scope 1 and 2 combined. Scope 3 emissions for that year were reported at approximately 243,000,000,000 kg CO2e. Equinor has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they are actively engaged in the energy transition and have outlined plans to reduce their carbon intensity, particularly in their upstream operations, which currently have a CO2 intensity of about 6,700 kg CO2e per barrel of oil equivalent. The company is headquartered in Norway (NO) and continues to focus on sustainability and reducing its carbon footprint in alignment with global climate goals.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 15,400,000,000 | 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 | 2,600,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 239,100,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
