As of 2025, Equinor has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction targets and 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 Equinor's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Flaring | Metric Tonnes of CO2 equivalent (mtCO2e) | -100%a, b | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -45%a | 2030 |
Absolute-based Target* | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -20%a | 2030 |
Absolute-based Target* | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -70%a | 2040 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Produced | -5%a | 2030 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Crude Oil from Unspecified Activities | -39%a, c | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Produced | -15%a | 2035 |
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As of 2025, Equinor has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.abc
As of 2025, Equinor has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.abc
Equinor's most ambitious operational target is to reduce these emissions by 100% by 2030, compared to a baseline of 501,968 Metric Tonnes of CO2 equivalent (mtCO2e) in 2012.abc
As of 2022, Equinor is ahead of schedule on its operational emissions reduction target, having achieved 95.92% of the planned reduction.abc
As of 2025, Equinor has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Equinor's most ambitious value chain target is to reduce these emissions by 70% by 2040, compared to a baseline of 4,400,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2008.a
As of 2025, Equinor is lagging behind on its value chain emissions reduction target, having achieved 12.99% of the planned reduction.a
As of 2025, Equinor has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Equinor's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Produced in 2019, by 15% by 2035.a
As of 2025, Equinor is on track to meet its total carbon footprint reduction target, having achieved 24.73% of the planned reduction.a