ONEOK Inc

Common Name
ONEOK
Country
United States
Sector
Energy
Industry
Oil & Gas Midstream
Employees
5,177
Ticker
OKE
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Oneok Inc., a prominent energy company, plays a crucial role in the United States' natural gas and natural gas liquids (NGL) industries. As an integral midstream service provider, Oneok focuses on gat...

ONEOK's GHG Emissions Data Preview

In 2023, ONEOK 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).

ONEOK 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind ONEOK’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 ONEOK’s data sources below and access millions more through our Disclosure Search.

a. ONEOK's Sustainability Report 2024
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b. ONEOK's CSR Report 2022
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Insights into ONEOK's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of ONEOK amounted to 6,800,000 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 ONEOK increased by 3.03%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

ONEOK's Scope 1 Emissions Over Time

20182019202020212022202301.5 M3 M4.5 M6 MtCO2e+14%-10%0%-3%0%
  • Total Scope 1
  • Year-over-Year Change

What are ONEOK's Scope 1 emissions?

In 2023, the total Scope 1 emissions of ONEOK were 3,700,000 metric tons of CO₂ equivalent (tCO₂e). a

Has ONEOK reduced its Scope 1 emissions over time?

Since 2018, ONEOK's Scope 1 emissions have remained relatively, stable, indicating that ONEOK's emissions have plateaued with no significant change in its operational footprint. a b

Compared to the previous year (2022), ONEOK's Scope 1 emissions remained relatively stable, indicating that ONEOK's emissions have plateaued with no significant change in its operational footprint. a

What are ONEOK's Scope 2 emissions?

In 2023, ONEOK reported Scope 2 greenhouse gas (GHG) emissions of 3,100,000 tCO₂e using the location-based method. a

Has ONEOK reduced its Scope 2 emissions over time?

Since 2018, ONEOK's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 19.23%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

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

What methodology does ONEOK use for Scope 2 reporting?

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

ONEOK's Scope 2 Emissions Over Time

2018201920202021202220230800 k1.6 M2.4 M3.2 MtCO2e
  • Total Scope 2 Location-Based

Insights into ONEOK's Value Chain Emissions

In 2023, ONEOK reported 67,100,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of ONEOK 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. a

ONEOK's Scope 3 Emissions Over Time

201820192020202120222023020 M40 M60 M80 MtCO2e-1%+5%+10%-4%+4%
  • Total Scope 3
  • Year-over-Year Change

What are ONEOK's Scope 3 emissions?

In 2023, ONEOK reported total Scope 3 emissions of 67,100,000 metric tons of CO₂ equivalent (tCO₂e). 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 ONEOK reduced its Scope 3 emissions over time?

Since 2018, ONEOK's Scope 3 emissions have increased by 15.49%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), ONEOK's Scope 3 emissions remained relatively stable, indicating that ONEOK 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does ONEOK disclose?

In 2023, ONEOK 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 ONEOK's Scope 3 emissions?

In 2023, the largest contributors to ONEOK's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 67,100,000 tCO₂e (100%)

ONEOK's Scope 3 Emissions by Categories

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

Insights into ONEOK’s GHG Emissions Intensity Compared to Industry Peers

In 2023, ONEOK reported Scope 1 greenhouse gas (GHG) emissions of 3,700,000 tCO₂e and total revenues of USD 17,677 millions. This translates into an emissions intensity of 209.31 tCO₂e per millions USD. a

ONEOK's Scope 1 Emissions Intensity Compared to Peers

5,00050,0001,000,00010,000,000200,000,000Scope 1 Emissions (tCO2e)1001,00010,00050,000500,000Revenues (Millions of USD)HAntero MidstreamYear: 2022Scope 1: 1,961,172 tCO2eRevenue: $M 991Scope 1 Intensity: 1,979.67 tCO2e/$MDevon EnergyYear: 2023Scope 1: 4,370,000 tCO2eRevenue: $M 15,258Scope 1 Intensity: 286.41 tCO2e/$MDT MidstreamYear: 2023Scope 1: 1,714,654 tCO2eRevenue: $M 922Scope 1 Intensity: 1,859.71 tCO2e/$MKinetik HoldingsYear: 2023Scope 1: 2,020,587 tCO2eRevenue: $M 1,256Scope 1 Intensity: 1,608.22 tCO2e/$MWilliams CompaniesYear: 2023Scope 1: 13,640,000 tCO2eRevenue: $M 10,907Scope 1 Intensity: 1,250.57 tCO2e/$MHHHess MidstreamYear: 2023Scope 1: 486,869 tCO2eRevenue: $M 1,346Scope 1 Intensity: 361.69 tCO2e/$MMarathon PetroleumYear: 2023Scope 1: 33,000,000 tCO2eRevenue: $M 148,379Scope 1 Intensity: 222.40 tCO2e/$MCheniere EnergyYear: 2023Scope 1: 9,730,770 tCO2eRevenue: $M 20,394Scope 1 Intensity: 477.14 tCO2e/$MNew Fortress EnergyYear: 2020Scope 1: 967,889 tCO2eRevenue: $M 452Scope 1 Intensity: 2,143.01 tCO2e/$MEnterprise Products PartnersYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MExcelerate EnergyYear: 2023Scope 1: 596,397 tCO2eRevenue: $M 1,159Scope 1 Intensity: 514.60 tCO2e/$MWestern Midstream PartnersYear: 2023Scope 1: 4,690,000 tCO2eRevenue: $M 3,106Scope 1 Intensity: 1,509.75 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MMPLXYear: 2023Scope 1: 5,400,000 tCO2eRevenue: $M 10,434Scope 1 Intensity: 517.54 tCO2e/$MSchlumbergerYear: 2023Scope 1: 1,469,000 tCO2eRevenue: $M 33,135Scope 1 Intensity: 44.33 tCO2e/$MTarga ResourcesYear: 2022Scope 1: 8,406,000 tCO2eRevenue: $M 20,930Scope 1 Intensity: 401.63 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MOceaneering InternationalYear: 2023Scope 1: 44,690 tCO2eRevenue: $M 2,425Scope 1 Intensity: 18.43 tCO2e/$MCivitas ResourcesYear: 2023Scope 1: 1,920,131 tCO2eRevenue: $M 3,479Scope 1 Intensity: 551.88 tCO2e/$MPlains GP HoldingsYear: 2023Scope 1: 832,000 tCO2eRevenue: $M 48,712Scope 1 Intensity: 17.08 tCO2e/$MEnergy TransferYear: 2020Scope 1: 12,158,505 tCO2eRevenue: $M 38,954Scope 1 Intensity: 312.12 tCO2e/$MONEOKYear: 2023Scope 1: 3,700,000 tCO2eRevenue: $M 17,677Scope 1 Intensity: 209.31 tCO2e/$M

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

In 2023, ONEOK reported a Scope 1 emissions intensity of 209.31 tCO₂e per millions USD. Compared to the peer group median of 477.14, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does ONEOK rank on GHG emissions intensity within its industry?

In 2023, ONEOK ranked 5 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places ONEOK among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into ONEOK's Total Carbon Footprint

In 2023, ONEOK reported a total carbon footprint of 73,900,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.23% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to ONEOK's total carbon footprint was Scope 3 emissions, accounting for 90.8% of the company's total carbon footprint, followed by Scope 1 emissions at 5.01%. a

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