Murphy Oil Sustainability Profile
Murphy Oil Corporation, commonly known as Murphy Oil, is a prominent player in the global energy sector, headquartered in El Dorado, Arkansas, USA. Founded in 1950, the company has established itself as a significant independent oil and natural gas exploration and production firm, with major operational regions spanning North America and offshore areas in the Gulf of Mexico. Specialising in the exploration, production, and marketing of crude oil and natural gas, Murphy Oil is recognised for its commitment to sustainable practices and innovative technologies. The company’s core offerings include upstream oil and gas production, with a focus on high-quality reserves that set it apart in a competitive market. With a strong market position, Murphy Oil has achieved notable milestones, including successful exploration projects and strategic partnerships that enhance its operational efficiency and growth potential.
DitchCarbon Score
How does Murphy Oil'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 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.
Industry Benchmark
Murphy Oil's score of 27 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Murphy Oil's reported carbon emissions
In 2023, Murphy Oil Corporation reported total carbon emissions of approximately 1,083,362,000 kg CO2e, with Scope 1 emissions accounting for about 1,083,362,000 kg CO2e, Scope 2 emissions at approximately 28,170,000 kg CO2e, and significant Scope 3 emissions from the use of sold products reaching about 24,300,000,000 kg CO2e. This represents a slight increase in Scope 1 emissions compared to 2022, where total emissions were approximately 1,056,513,000 kg CO2e. Murphy Oil has set ambitious climate commitments, aiming to eliminate routine flaring by 2030, in line with the World Bank's definition. Additionally, the company has pledged to reduce its Scope 1 and 2 greenhouse gas emissions intensity by 15% to 20% by 2030, using a 2019 baseline, excluding operations in Malaysia, which were divested in 2019. The company has consistently disclosed its emissions across all relevant scopes, demonstrating transparency in its climate reporting. Murphy Oil's commitment to reducing emissions aligns with industry standards and reflects a proactive approach to addressing climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,689,920,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 236,381,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Murphy Oil's Industry?
How Carbon Intensive is Murphy Oil's Location?
Murphy Oil's Scope 3 Categories Breakdown
Murphy Oil's Scope 3 emissions, which increased by 11% last year and increased by approximately 13% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Murphy Oil's Climate Goals (2030 & 2050)
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.
Murphy Oil has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
