Equinor ASA
Equinor's Climate Target Data Preview
As of 2024, Equinor has disclosed 10 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 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 - Total, Scope 3 - Downstream Transportation and Distribution (Cat. 9) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a, b | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 1 - Flaring | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a, b | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  b | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  c, a, b | 2040 |
Absolute-based Target* | Scope 1 - Total, Scope 3 - Downstream Transportation and Distribution (Cat. 9) | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2050 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Crude Oil from Unspecified Activities | Copy/Paste is a PRO feature.  c, a | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Produced | Copy/Paste is a PRO feature.  b | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Produced | Copy/Paste is a PRO feature.  b | 2035 |
Verified Sources Behind Equinor’s Climate Targets Data
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Insights into Equinor's Greenhouse Gas Emissions Pathways
As of 2024, Equinor 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.abc
Does Equinor have a target to reduce the emissions from its operations?
As of 2024, 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
Equinor's Operational (Scope 1+2) Emissions Pathway
Does Equinor have a target to reduce its total carbon footprint?
As of 2024, Equinor has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.b
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 30% by 2035.b
As of 2024, Equinor is lagging behind on its total carbon footprint reduction target, having achieved 7.9% of the planned reduction.b