Greenhouse Gas Emissions Reduction Targets
Our Commitment
We support the goals of the Paris Agreement and are committed to being a part of the solution to help the world address climate change. Technology development and deployment are needed to provide energy today and to achieve energy transition goals consistent with those goals.
Our companywide greenhouse gas emissions reduction targets are focused on lowering the emissions intensity of our globally operated assets, the products we manufacture and sell, and to account for market and technological uncertainties.
2030 GHG Emissions Reduction Targets and Elements
Through innovative energy investments and strategic collaborations
30%
Manufacturing-related emissions intensity
(Scope 1 and 2) from operated assets
15%
Product-related emissions intensity
(Scope 3) from products manufactured and sold
2050 GHG Emissions Reduction Target
50%
Reduction in manufacturing-related emissions intensity
(Scope 1 and 2) from operated assets
We are committed to reassessing our targets in step with technology developments, policy changes and consumer energy demand. Attaining this target requires:
- Advancements enabling broad commercial deployment and use of lower-carbon technologies
- Global policies that fund and incentivize the development of a lower-carbon energy system
- Changes in consumer behavior and energy choices
- Available materials throughout the supply chain
Emissions reductions are from a 2019 baseline.
Our Approach to Managing Methane Emissions
Effectively managing methane emissions may offer a near-term opportunity for society to positively impact Earth’s climate. Methane is relevant to our Natural Gas Gathering and Processing (G&P) assets operations and we manage it by:
Integrating People and Data Systems
We use an in-house application to connect detection data with operational response, helping teams efficiently identify, prioritize and resolve methane events.
Implementing Best Operating Practices
We embed methane management into day-to-day operations through proactive planning and equipment maintenance, and we consider lower-emissions designs for new builds and retrofits where practical.
Utilizing Technology
We apply aerial and satellite monitoring across operated gathering and processing pipelines and pilot new technologies to enable near real-time monitoring of select assets and equipment.
Leveraging Industry and Academia
We share data and best practices through industry forums and we support university-led measurement campaigns that aim to improve methane emissions factors and inventory reconciliations over time.
Managing Methane Across Environmental Domains
Air Emissions
Air emissions include nitrogen and sulfur oxides, particulate matter and volatile organic compounds. Maximizing operational efficiency, following maintenance best practices and retiring or replacing legacy equipment are some of the ways we continue to make progress on reducing air emissions.
Water
We seek to manage water responsibly. We consider local water demand in prioritizing projects to improve efficiency and reduce our environmental footprint. Our refineries, Beaumont Terminal and Rodeo Complex have on-site wastewater treatment systems and oil recovery units. We operate biological treatment plants and pretreatment facilities at several of our facilities in North America and the United Kingdom. We also strive to meet or exceed environmental performance standards from the National Pollutant Discharge Elimination System and other industrial pretreatment permits.
Waste and Recycling
We have waste management programs at our facilities to handle waste materials from creation to final disposition in a way that is designed to protect human health and the environment. We also have a systematic hazardous waste program with processes and practices executed by trained personnel. We seek to recycle or dispose of the residual product in compliance with strict environmental laws.
Biodiversity and Conservation
We connect our business to conservation and managing natural capital in and around the communities we serve. These include forests, oceans and the freshwater biodiversity of these ecosystems. Locally, we support our immediate communities.
We consider nature in the project evaluation and permitting process. We view the management of natural capital and biodiversity risks as essential. We work with many agencies, including state and local regulatory bodies. We use existing pipeline corridors, where feasible, and construction techniques designed to minimize the impact on the environment, local communities, wildlife and natural resources.
Advancing a Lower-Carbon Future
Providing Lower-carbon Alternatives
We invest in emerging energies such as renewable fuels, batteries, carbon capture and hydrogen.
Investing in Technology Development
Our research group advances solutions to support enterprise growth and portfolio optimization, such as next generation batteries.
Establishing Collaborative Partnerships
We work with industries, manufacturers and suppliers to deploy solutions at-scale.
Advancing Emissions Reduction Targets
We are progressing projects such as energy efficiency improvements and Rodeo Renewed.
Engaging in Climate Policy Development
We work with governments as they develop policies that support lower-carbon energy systems.
Participating in Evolving Markets
We monitor global energy markets and meet the needs of our customers
Learn more about our commitment to sustainability
