Equinor

Integrated Oil & Gas

EQNR.OL

NOK 347 (0.4)%

Share price

$ 96 bn

Market Cap

$ 97 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

4.5x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.5% weighted average for S&P 500

FY2022

Equinor aims to achieve net zero for all Scopes by 2050

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Equinor reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 14,700 Kt (-1,100 /-7% y-o-y). Also positively, carbon intensity plummeted to 166 t (-180 /-52% y-o-y).

Equinor's Scope 3 emissions declined marginally to 249,000 Kt (-1,000 /-0.4% y-o-y). There has been no consistent trend in recent years.

The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -9,093 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	14,700	12,000	2,700	249,000	88,744	166
2020Q4	15,800	13,300	2,500	250,000	45,753	345
2019Q4	17,600	14,700	2,900	247,000	62,911	280
2018Q4	17,900	14,900	3,000	252,000	78,555	228
2017Q4	18,200	15,400	2,800	250,000	60,971	299
2016Q4	17,600	15,000	2,600	239,000	45,688	385
2015Q4	18,500	16,000	2,500	239,000	57,900	320
2014Q4		16,300		288,000

Equinor

Carbon footprint

Primary Climate Goal

Equinor aims to achieve net zero for all Scopes by 2050

GHG emissions and Carbon intensity

Equinor's carbon footprint

Company environmental metrics