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ConocoPhillips

Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
11,400
Ticker
COP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
ConocoPhillips is a leading energy company that engages in the exploration, production, refining, and distribution of oil and natural gas. Its primary function is to manage and monetize hydrocarbon re...

ConocoPhillips's Climate Target Data Preview

As of 2024, 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 TypeScope of TargetUnitTargetTarget 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
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a
2025
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
0000000
2030
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
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a, b
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
Limited Data Preview
You are viewing a limited preview of ConocoPhillips’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2024.
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Verified Sources Behind ConocoPhillips’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore ConocoPhillips’s data sources below and access millions more through our Disclosure Search.

a. ConocoPhillips's Sustainability Report 2024
b. ConocoPhillips's Sustainability Report 2023

Insights into ConocoPhillips's Greenhouse Gas Emissions Pathways

As of 2024, 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.ab

Does ConocoPhillips have a target to reduce the emissions from its operations?

As of 2024, ConocoPhillips has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab

ConocoPhillips's most ambitious operational target is to reduce these emissions by 55% 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.ab

As of 2024, ConocoPhillips is lagging behind on its operational emissions reduction target, having achieved 7.27% of the planned reduction.ab

ConocoPhillips's Operational (Scope 1+2) Emissions Pathway

201920242025203000000Current (-4%)Target 2030 (-55%)
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