Insight
Majors' upstream emissions: who is outperforming?
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Majors are outperforming the rest of the sector on upstream emissions reductions. A focus on flaring, methane, and portfolio high-grading have delivered year-on-year reductions of up to 7%. But which companies are leading the pack, which companies are investing to improve and how do strategies and portfolios impact emissions profiles? This Insight leverages Wood Mackenzie’s unique granular asset-level emissions dataset to consistently benchmark the Majors’ emissions, and combines emissions data with commercial metrics to provide unique insight into portfolios, strategies, and performance.
Table of contents
- Executive summary
- The Majors’ upstream Scope 1 & 2 emissions scorecard
- The Majors, in aggregate, have outperformed
- Majors' Scope 1 and 2 emissions profiles
- Partner alignment is critical
- The lowest hanging fruit
- Portfolio restructuring
- Where is the Majors’ value concentrated?
- Which Majors are improving via asset development?
Tables and charts
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What's included
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