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Marathon Petroleum Corp

Common Name
Marathon Petroleum
Country
United States
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
18,300
Ticker
MPC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Marathon Petroleum Corporation is a leading integrated downstream energy company headquartered in Findlay, Ohio. The company operates across three principal segments: Refining & Marketing, Midstream, ...

Marathon Petroleum's GHG Emissions Data Preview

In 2024, Marathon Petroleum 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).

Marathon Petroleum has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Location-Based
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Marathon Petroleum’s Greenhouse Gas (GHG) Emissions 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 Marathon Petroleum’s data sources below and access millions more through our Disclosure Search.

a. Marathon Petroleum's Sustainability Report 2024
a. Marathon Petroleum's Sustainability Report 2024
b. Marathon Petroleum's Climate Assessment Report 2024
b. Marathon Petroleum's Climate Assessment Report 2024

Insights into Marathon Petroleum's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMarathon Petroleum amounted to40,900,000metric 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 2023, the total operational greenhouse gas (GHG) emissions of Marathon Petroleumincreased by 2.76%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Marathon Petroleum's Scope 1 Emissions Over Time

20192020202120222023202409.5 M19 M28.5 M38 MtCO2e-12%+2%+2%-2%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Marathon Petroleum's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Marathon Petroleum were 34,600,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Marathon Petroleum reduced its Scope 1 emissions over time?

Since 2019, Marathon Petroleum's Scope 1 emissions have decreased by 5.98%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Marathon Petroleum's Scope 1 emissions increased by 4.85%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Marathon Petroleum's Scope 2 emissions?

In 2024, Marathon Petroleum reported Scope 2 greenhouse gas (GHG) emissions of 6,300,000 tCOâ‚‚e using the location-based method.a

Has Marathon Petroleum reduced its Scope 2 emissions over time?

Since 2019, Marathon Petroleum's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 23.17%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Marathon Petroleum's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Marathon Petroleum's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Marathon Petroleum use for Scope 2 reporting?

In 2024, Marathon Petroleum reported its Scope 2 emissions using the location-based method.a

Marathon Petroleum's Scope 2 Emissions Over Time

20192020202120222023202402.5 M5 M7.5 M10 MtCO2e
  • Total Scope 2 Location-Based

Insights into Marathon Petroleum's Value Chain Emissions

In 2024, Marathon Petroleum reported 405,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Marathon Petroleum includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Marathon Petroleum's Scope 3 Emissions Over Time

2019202020212022202320240150 M300 M450 M600 MtCO2e-17%+8%+7%-1%+1%
  • Total Scope 3
  • Year-over-Year Change

What are Marathon Petroleum's Scope 3 emissions?

In 2024, Marathon Petroleum reported total Scope 3 emissions of 405,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 0%of these emissions originated from upstream activities such as purchased goods and capital goods, while 100%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Marathon Petroleum reduced its Scope 3 emissions over time?

Since 2019, Marathon Petroleum's Scope 3 emissionshave remained relatively stable, indicating that Marathon Petroleum's emissions have plateaued with no significant change in its value chain footprint.ab

Compared to the previous year (2023), Marathon Petroleum's Scope 3 emissions remained relatively stable, indicating that Marathon Petroleum's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Marathon Petroleum disclose?

In 2024, Marathon Petroleum reported emissions for 1 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 Marathon Petroleum's Scope 3 emissions?

In 2024, the largest contributors to Marathon Petroleum's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 405,000,000 tCOâ‚‚e(100%)

Marathon Petroleum's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(100.0%)

Insights into Marathon Petroleum’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Marathon Petroleum reported Scope 1 greenhouse gas (GHG) emissions of 34,600,000 tCOâ‚‚e and total revenues of USD 138,864 millions. This translates into an emissions intensity of 249.16 tCOâ‚‚e per millions USD.a

Marathon Petroleum's Scope 1 Emissions Intensity Compared to Peers

2,00050,0001,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)1001,00010,000100,000500,000Revenues (Millions of USD)CWorld KinectYear: 2020Scope 1: 41,600 tCO2eRevenue: $M 20,358Scope 1 Intensity: 2.04 tCO2e/$MDevon EnergyYear: 2024Scope 1: 6,020,000 tCO2eRevenue: $M 15,940Scope 1 Intensity: 377.67 tCO2e/$MPhillips 66Year: 2024Scope 1: 32,700,000 tCO2eRevenue: $M 143,153Scope 1 Intensity: 228.43 tCO2e/$MPBF EnergyYear: 2024Scope 1: 10,460,000 tCO2eRevenue: $M 33,115Scope 1 Intensity: 315.87 tCO2e/$MONEOKYear: 2024Scope 1: 3,900,000 tCO2eRevenue: $M 21,698Scope 1 Intensity: 179.74 tCO2e/$MCCCVR EnergyYear: 2023Scope 1: 3,360,000 tCO2eRevenue: $M 9,247Scope 1 Intensity: 363.36 tCO2e/$MEQT CorpYear: 2024Scope 1: 661,557 tCO2eRevenue: $M 5,222Scope 1 Intensity: 126.68 tCO2e/$MHessYear: 2024Scope 1: 2,000,000 tCO2eRevenue: $M 12,896Scope 1 Intensity: 155.09 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MDelek US HoldingsYear: 2024Scope 1: 2,600,000 tCO2eRevenue: $M 11,852Scope 1 Intensity: 219.37 tCO2e/$MEnterprise Products PartnersYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MValero EnergyYear: 2024Scope 1: 24,300,000 tCO2eRevenue: $M 129,881Scope 1 Intensity: 187.09 tCO2e/$MChevronYear: 2024Scope 1: 53,000,000 tCO2eRevenue: $M 193,414Scope 1 Intensity: 274.02 tCO2e/$MEOG ResourcesYear: 2024Scope 1: 6,000,000 tCO2eRevenue: $M 23,378Scope 1 Intensity: 256.65 tCO2e/$MKodiak Gas ServicesYear: 2024Scope 1: 30,445 tCO2eRevenue: $M 1,159Scope 1 Intensity: 26.26 tCO2e/$MSlbYear: 2024Scope 1: 990,000 tCO2eRevenue: $M 36,289Scope 1 Intensity: 27.28 tCO2e/$MHF SinclairYear: 2024Scope 1: 8,198,000 tCO2eRevenue: $M 28,580Scope 1 Intensity: 286.84 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MTarga ResourcesYear: 2024Scope 1: 10,200,000 tCO2eRevenue: $M 16,382Scope 1 Intensity: 622.65 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MClean Energy FuelsYear: 2024Scope 1: 24,742 tCO2eRevenue: $M 416Scope 1 Intensity: 59.49 tCO2e/$MContinental ResourcesYear: 2024Scope 1: 3,000,000 tCO2eRevenue: $M 7,378Scope 1 Intensity: 406.63 tCO2e/$MEnergy TransferYear: 2023Scope 1: 19,544,494 tCO2eRevenue: $M 78,586Scope 1 Intensity: 248.70 tCO2e/$MMarathon PetroleumYear: 2024Scope 1: 34,600,000 tCO2eRevenue: $M 138,864Scope 1 Intensity: 249.16 tCO2e/$M

How does Marathon Petroleum's GHG emissions intensity compare to its peers?

In 2024, Marathon Petroleum reported a Scope 1 emissions intensity of 249.16 tCOâ‚‚e per millions USD. Compared to the peer group median of 223.9, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Marathon Petroleum rank on GHG emissions intensity within its industry?

In 2024, Marathon Petroleum ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Marathon Petroleum is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Marathon Petroleum's Total Carbon Footprint

In 2024, Marathon Petroleum reported a total carbon footprint of 445,900,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.39% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Marathon Petroleum's total carbon footprint was Scope 3 emissions, accounting for 90.83% of the company's total carbon footprint, followed by Scope 1 emissions at 7.76%.a

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