Murphy Oil Corp
Murphy Oil's GHG Emissions Data Preview
In 2023, Murphy Oil 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).
Murphy Oil 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Murphy Oil's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Murphy Oil amounted to 1,111,532 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Murphy Oil increased by 2.14%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Murphy Oil's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Murphy Oil's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Murphy Oil were 1,083,362 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Murphy Oil reduced its Scope 1 emissions over time?
Since 2018, Murphy Oil's Scope 1 emissions have decreased by 50.17%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Murphy Oil's Scope 1 emissions increased by 2.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Murphy Oil's Scope 2 emissions?
In 2023, Murphy Oil reported Scope 2 greenhouse gas (GHG) emissions of 28,170 tCOâ‚‚e using the location-based method.
Has Murphy Oil reduced its Scope 2 emissions over time?
Since 2018, Murphy Oil's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 45.3%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Murphy Oil's Scope 2 emissions (Location-Based) fell by 11.16% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Murphy Oil use for Scope 2 reporting?
In 2023, Murphy Oil reported its Scope 2 emissions using the location-based method.
Murphy Oil's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Murphy Oil's Value Chain Emissions
In 2023, Murphy Oil reported 24,300,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Murphy Oil includes a breakdown across 1 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.
Murphy Oil's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Murphy Oil's Scope 3 emissions?
In 2023, Murphy Oil reported total Scope 3 emissions of 24,300,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Compared to the previous year (2022), Murphy Oil's Scope 3 emissions increased by 10.96%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Murphy Oil disclose?
In 2023, Murphy Oil reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Murphy Oil's Scope 3 emissions?
In 2023, the largest contributors to Murphy Oil's Scope 3 emissions were:
- Use of Sold Products (Cat. 11): 24,300,000 tCOâ‚‚e (100%)
Murphy Oil's Scope 3 Emissions by Categories
Insights into Murphy Oil's Total Carbon Footprint
In 2023, Murphy Oil reported a total carbon footprint of 25,411,532 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.54% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Murphy Oil's total carbon footprint was Scope 3 emissions, accounting for 95.63% of the company's total carbon footprint, followed by Scope 1 emissions at 4.26%.