Equinor CEO Anders Opedal
Equinor steps up emission reduction goals
Norwegian energy group targets faster cuts in group-wide scope one and two emissions
Norwegian energy firm Equinor says it has accelerated its transition to net zero with a pledge to cut its group-wide net scope one and two emissions by 50pc by 2030 compared with 2015 levels. The new target compares with a previous pledge of a 40pc reduction by 2030, announced in early 2020. “Today we launch a step-up of our climate ambitions, focusing on reducing emissions under our own control,” Anders Opedal, president and CEO of Equinor said during the company’s 2021 results presentation. “We aim for 90pc of this to be delivered as absolute reductions.” BP this week also pledged to cut its scope one and two emissions by 50pc by 2030, accelerating from a previous target of 30-35pc. 0.7GW
Also in this section
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away
