Equinor ASA
Equinor's GHG Emissions Data Preview
In 2023, Equinor completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Equinor has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Equinor’s Greenhouse Gas (GHG) Emissions Data
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Insights into Equinor's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Equinor amounted to 11,600,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Equinor increased by 0.87%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Equinor's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Equinor's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Equinor were 11,500,000 metric tons of CO₂ equivalent (tCO₂e). a
Has Equinor reduced its Scope 1 emissions over time?
Since 2018, Equinor's Scope 1 emissions have decreased by 22.82%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Equinor's Scope 1 emissions remained relatively stable, indicating that Equinor's emissions have plateaued with no significant change in its operational footprint. a
What are Equinor's Scope 2 emissions?
In 2023, Equinor reported Scope 2 greenhouse gas (GHG) emissions of 3,100,000 tCO₂e using the market-based method and 100,000 tCO₂e using the location-based method. a
Has Equinor reduced its Scope 2 emissions over time?
Since 2018, Equinor's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 50%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Equinor's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Equinor 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Equinor use for Scope 2 reporting?
In 2023, Equinor reported its Scope 2 emissions using the market-based method and using the location-based method. a
Equinor's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Equinor's Value Chain Emissions
In 2023, Equinor reported 254,190,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Equinor includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Equinor's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Equinor's Scope 3 emissions?
In 2023, Equinor reported total Scope 3 emissions of 254,190,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 1.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.35% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Equinor reduced its Scope 3 emissions over time?
Since 2018, Equinor's Scope 3 emissions have remained relatively stable, indicating that Equinor 's emissions have plateaued with no significant change in its value chain footprint. a
Compared to the previous year (2022), Equinor's Scope 3 emissions remained relatively stable, indicating that Equinor 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Equinor disclose?
In 2023, Equinor reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Equinor's Scope 3 emissions?
In 2023, the largest contributors to Equinor's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 250,000,000 tCO₂e (98.35%)
- Downstream Transportation and Distribution (Cat. 9): 4,100,000 tCO₂e (1.61%)
- Business Travel (Cat. 6): 90,000 tCO₂e (0.04%)
Equinor's Scope 3 Emissions by Categories
Insights into Equinor’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Equinor reported Scope 1 greenhouse gas (GHG) emissions of 11,500,000 tCO₂e and total revenues of USD 106,848 millions. This translates into an emissions intensity of 107.63 tCO₂e per millions USD. a
Equinor's Scope 1 Emissions Intensity Compared to Peers
How does Equinor's GHG emissions intensity compare to its peers?
In 2023, Equinor reported a Scope 1 emissions intensity of 107.63 tCO₂e per millions USD. Compared to the peer group median of 351.02, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Equinor rank on GHG emissions intensity within its industry?
In 2023, Equinor ranked 1 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Equinor among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Equinor's Total Carbon Footprint
In 2023, Equinor reported a total carbon footprint of 265,790,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.88% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Equinor's total carbon footprint was Scope 3 emissions, accounting for 95.64% of the company's total carbon footprint, followed by Scope 1 emissions at 4.33%. a