Marathon Oil Corp

Common Name
Marathon Oil
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
1,681
Ticker
MRO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Marathon Oil Corporation, an independent exploration and production company, engages in exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas in the ...

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 TypeScope of TargetUnitTargetTarget 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
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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
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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
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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
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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.

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.

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.

As of 2022, Marathon Oil is lagging behind on its operational emissions reduction target, having achieved 2.48% of the planned reduction.

Marathon Oil's Operational (Scope 1+2) Emissions Pathway

201920222025203000000Current (-2%)Target 2025 (-60%)Target 2030 (-80%)
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