Marathon Petroleum Corp
Marathon Petroleum's Climate Target Data Preview
As of 2024, Marathon Petroleum has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 2 intensity-based target 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 Petroleum ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Electricity, Scope 2 - Steam | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Processed | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Electricity, Scope 2 - Steam | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Processed | Copy restricted. Please purchase to unlock this data.  | 2035 |
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 Petroleum's Greenhouse Gas Emissions Pathways
As of 2024, Marathon Petroleum has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
Does Marathon Petroleum have a target to reduce the emissions from its operations?
As of 2024, Marathon Petroleum has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Marathon Petroleum's most ambitious operational target is to reduce these emissions by 38% by 2035, compared to a baseline of 0.03 Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Processed in 2014.
As of 2024, Marathon Petroleum is ahead of schedule on its operational emissions reduction target, having achieved 73.68% of the planned reduction.
Marathon Petroleum's Operational (Scope 1+2) Emissions Pathway
Does Marathon Petroleum have a target to reduce the emissions from its value chain?
As of 2024, Marathon Petroleum has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
Marathon Petroleum's most ambitious value chain target is to reduce these emissions by 15% by 2030, compared to a baseline of 426,000,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2024, Marathon Petroleum is on track to meet its value chain emissions reduction target, having achieved 33.33% of the planned reduction.