As the first major U.S. oil producer to establish net-zero greenhouse gas (GHG) emissions goals for Scopes 1, 2 and 3, including the global use of our products, we are proud of the bold steps we have taken toward sustainability leadership in the energy industry. Oxy’s overarching climate goals are to achieve net-zero emissions in our operations and energy use before 2040, with an ambition to do so before 2035, and net-zero emissions from our total carbon inventory, including the use of products, with an ambition to do so before 2050. Oxy is one of the three oil and gas companies whose long-term targets were identified by the Transition Pathway Initiative as aligned with the 1.5 C degree pathway in their November 2021 report. Oxy was also recognized in an article in Science in October 2021 as the only oil and gas company that plans to reduce its GHG intensity below the 1.5 C benchmark by 2050.
https://www.oxy.com/globalassets/documents/..._CDP_Climate_Change.pdf |
