Marathon Oil Corp
Marathon Oil's Climate Target Data Preview
As of 2022, Marathon Oil has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 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 Marathon Oil ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Natural Gas Produced | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Natural Gas Produced | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind Marathon Oil’s Climate Targets Data
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Insights into Marathon Oil's Greenhouse Gas Emissions Pathways
As of 2022, Marathon Oil 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. a
Does Marathon Oil have a target to reduce the emissions from its operations?
As of 2022, Marathon Oil has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Marathon Oil's most ambitious operational target is to reduce these emissions by 80% by 2030, compared to a baseline of 0.002 Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Natural Gas Produced in 2019. a
As of 2022, Marathon Oil is lagging behind on its operational emissions reduction target, having achieved 2.48% of the planned reduction. a