Equinor ASA is a Norway-based integrated energy company engaged in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy primarily on the Norwegia... Equinor ASA is a Norway-based integrated energy company engaged in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy primarily on the Norwegian Continental Shelf and internationally. It operates through key segments including Exploration & Production Norway, Exploration & Production International, Exploration & Production USA, Marketing, Midstream & Processing, Renewables, and Other, producing around 2.1 million barrels of oil equivalent per day with proven reserves of 6.1 billion barrels. The company develops carbon capture and storage projects, renewable energy sources such as offshore wind, solar power, and green hydrogen, while providing transportation solutions via pipelines, shipping, trucking, and rail. Equinor ASA holds a significant 10% stake in Ørsted A/S, a leading offshore wind developer, and maintains strong cash flow generation with a focus on shareholder returns through dividends and share buybacks. Headquartered in Stavanger with approximately 25,155 employees, Equinor ASA plays a pivotal role in Europe's energy supply, particularly as the largest natural gas provider, and is positioning itself as a leader in the energy transition by leveraging its oil and gas expertise alongside growing low-carbon initiatives.
In 2024, Equinor was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Equinor has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Equinor are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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2023
2022
2021 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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Metric
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Opex
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Total Taxonomy Eligible Opex
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Metric
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Capex
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Total Taxonomy Eligible Capex
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4.1 CCM/CCA - Electricity generation using solar photovoltaic technology
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4.3 CCM/CCA - Electricity generation from wind power
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Limited Data Preview
You are viewing a limited preview of Equinor’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to 2021.
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Verified Sources Behind Equinor’s EU Taxonomy 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 Equinor’s data sources below and access millions more through our Disclosure Search.
a. Equinor's Annual Report 2024
b. Equinor's Annual Report 2023
c. Equinor's Integrated Report 2022
Insights into Equinor's Revenues from Sustainable Activities
In 2024, Equinor reported EU Taxonomy-eligible revenues of USD 62.00 million, representing 0.1% of its total turnover. Of this amount, USD 2.00 million of Equinor's revenues was classified as EU Taxonomy-aligned, indicating that 0% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Equinor's Contribution to Environmental Objectives
How is Equinor's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Equinor reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Equinor earn from selling climate-related solutions ?
In 2024, Equinor reported that USD 0 of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0% of the company's total revenue,indicating that Equinorhas limited exposureon solutions that support climate action through its commercial activities.a
Insights into Equinor's CAPEX from Sustainable Activities
In 2024, Equinor reported EU Taxonomy-eligible CAPEX of USD 1.79 billion,representing 11.1% of its total CAPEX. Of this amount, USD 1.63 billion of Equinor's CAPEX was classified as EU Taxonomy-aligned, indicating that 10.2% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Equinor's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Equinor's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Equinor's taxonomy-aligned CAPEX increased by 1,175%,highlighting Equinor's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Equinor's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Equinor reported that USD 1.79 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 11.1% of the company's total CAPEX. Of this amount, USD 1.63 billion (10.2% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.9% of Equinor's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Equinor's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Equinor reported that USD 1.63 billion of its CAPEX was aligned under the EU Taxonomy, representing 10.2% of its total capital investment.a
This moderate level of alignment indicates that Equinor is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Equinor's Eligibility & Alignment Overview
Equinor's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Equinor's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Equinor reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 10.2%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Equinor is investing in climate-related solutions?
In 2024, Equinor allocated USD 1.63 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 10.2% of the company's total capital expenditure,indicating that Equinoris moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
Insights into Equinor's OPEX from Sustainable Activities
In 2024, Equinor reported EU Taxonomy-eligible OPEX of USD 5.00 million,representing 0.3% of its total operating expenses (OPEX). Of this amount, USD 0 of Equinor's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
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