ConocoPhillips
ConocoPhillips's Climate Target Data Preview
As of 2023, ConocoPhillips has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into ConocoPhillips ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities | Copy restricted. Please purchase to unlock this data. a | 2030 |
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Verified Sources Behind ConocoPhillips’s Climate Targets Data
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Insights into ConocoPhillips's Greenhouse Gas Emissions Pathways
As of 2023, ConocoPhillips has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a
Does ConocoPhillips have a target to reduce the emissions from its operations?
As of 2023, ConocoPhillips has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
ConocoPhillips's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 0.003 Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities in 2019. a
Instead of reducing operational emissions, ConocoPhillips has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a