Occidental Petroleum Corp

Common Name
Occidental Petroleum
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
13,323
Ticker
OXY
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Occidental Petroleum Corporation is a global energy producer, primarily focused on the exploration and production of oil and natural gas. Its operations span key regions such as the United States, the...

Occidental Petroleum's GHG Emissions Data Preview

In 2023, Occidental 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) and Scope 2 (indirect emissions from purchased energy).

However, Occidental Petroleum has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Occidental 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 Occidental Petroleum’s data sources below and access millions more through our Disclosure Search.

a. Occidental Petroleum's Sustainability Report 2024
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b. Occidental Petroleum's TCFD Report 2020
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Insights into Occidental Petroleum's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Occidental Petroleum amounted to 21,920,000 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). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Occidental Petroleum decreased by 2.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Occidental Petroleum's Scope 1 Emissions Over Time

20182019202020212022202305.5 M11 M16.5 M22 MtCO2e+27%-12%-3%-5%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Occidental Petroleum's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Occidental Petroleum were 17,370,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Occidental Petroleum reduced its Scope 1 emissions over time?

Since 2018, Occidental Petroleum's Scope 1 emissions have increased by 2.3%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Occidental Petroleum's Scope 1 emissions decreased by 1.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Occidental Petroleum's Scope 2 emissions?

In 2023, Occidental Petroleum reported Scope 2 greenhouse gas (GHG) emissions of 4,550,000 tCO₂e using the location-based method. a

Has Occidental Petroleum reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Occidental Petroleum's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Occidental Petroleum 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Occidental Petroleum use for Scope 2 reporting?

In 2023, Occidental Petroleum reported its Scope 2 emissions using the location-based method. a

Occidental Petroleum's Scope 2 Emissions Over Time

20182019202020212022202302 M4 M6 M8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)
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