Equinor

Our analysis reveals how Equinor’s climate plans fail to align with international commitments to phase out fossil fuels and to limit global temperature rise to 1.5ºC.

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How does Equinor stack up?

We analyzed Equinor’s climate and sustainability pledges and plans on ten criteria across ambition, integrity, and people-centered transitions, representing minimum baselines for potential alignment with the Paris Agreement. Equinor’s climate pledges and plans are “Grossly Insufficient” on eight criteria and “Insufficient” on the rest.
  • Table Key

  • Grossly insufficient
  • Insufficient
  • Partially aligned
  • Close to being aligned
  • Full aligned

AMBITION

INTEGRITY

PEOPLE-CENTERED TRANSITIONS

Our analysis reveals how Equinor’s climate plans fail to align with international commitments to phase out fossil fuels and to limit global temperature rise to 1.5ºC.

Read more about Equinor here

Stop exploration

Grossly insufficient

Stop approving new extraction projects

Grossly insufficient

Decline oil and gas production year-on-year to 2030

Grossly insufficient

Set explicit end-date for oil and gas extraction and long-term production phaseout plan, aligned with 1.5°C

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Set absolute target(s) to reduce all its greenhouse gas emissions, including value chain emissions

Insufficient

Do not rely on carbon sequestration or offsets

Grossly insufficient

Pursue methane reductions that serve climate goals, not greenwashing

Insufficient

End lobbying and ads that obstruct climate solutions

Grossly insufficient

Insufficient

Grossly insufficient

Insufficient

Grossly insufficient

Support and fund just transitions for workers and communities where it operates

Grossly insufficient

Uphold human rights and Indigenous Peoples’ rights, including to Free, Prior, and Informed Consent

Grossly insufficient

Grossly insufficient

Grossly insufficient

Stop exploration

Stop approving new extraction projects

Decline oil and gas production year-on-year to 2030

Set explicit end-date for oil and gas extraction and long-term production phaseout plan, aligned with 1.5°C

Set absolute target(s) to reduce all its greenhouse gas emissions, including value chain emissions

Do not rely on carbon sequestration or offsets

Pursue methane reductions that serve climate goals, not greenwashing

End lobbying and ads that obstruct climate solutions

Support and fund just transitions for workers and communities where it operates

Uphold human rights and Indigenous Peoples’ rights, including to Free, Prior, and Informed Consent

Grossly insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Insufficient

Grossly insufficient

Insufficient

Grossly insufficient

Grossly insufficient

Grossly insufficient

Ambition: Drilling for More Oil and Gas

Equinor does not have a date set to stop exploration, stop approving new extraction projects, or end oil and gas production. Equinor has not set a rapidly declining fossil fuel production target, and therefore its plans are dangerously out of step with climate goals.

Despite the reality of the climate crisis, Equinor forecasts to expand its oil and gas production by five percent from 2023 to 2026, and to maintain production of around two million barrels per day through to 2030. Equinor says it has over 30 new extraction projects in its pipeline for potential approval in the coming years.

It’s unthinkable to approve any new fossil fuel development when the majority of oil, gas, and coal in existing fields and mines must stay underground to keep warming to globally agreed limits.

Read the report for our full analysis and sources.

Historical Responsibility

  • 7 th

    Equinor's Rank

    for most cumulative climate pollution in history among ALL European-based companies.

  • 7.7 billion

    Tonnes of CO2e Pollution

    linked to Equinor’s fossil fuel production since the 1970s.

  • $ 400 billion

    Amount Equinor Would Owe

    if the company were held partially accountable for the climate loss and damages caused by its pollution since 1985 alone.

"We will continue to develop our profitable oil and gas portfolio."

Equinor President and CEO, Anders Opedal

Integrity: Failing Climate Targets

Do Equinor’s actions add up to a credible pathway to 1.5°C?

Equinor has not set comprehensive targets to ensure its total emissions decline rapidly and consistently.

None of Equinor’s emissions reduction pledges commit the company to reducing its total climate pollution prior to 2050. The company’s 2030 reduction target applies to less than 5 percent of Equinor’s reported emissions in 2023.

To meet its climate targets, Equinor plans to rely heavily on the ‘net’ in ‘net zero’ – investing in carbon capture, which may prolong the life of fossil fuels, has a long track record of failure, and perpetuates injustice. Instead, oil and gas companies should take responsibility for reducing their oil and gas extraction and sales as rapidly as possible.

Meanwhile, there is evidence that Equinor is lobbying against climate action, greenwashing, and otherwise maneuvering to undermine the energy transition.

Read the report for our full analysis and sources.

At a glance

  • 0.0

    Number of times

    Equinor’s human rights policy mentions Indigenous Peoples’ right to Free, Prior, and Informed Consent over energy development in their lands.

  • 7

    Industry associations lobbying against climate action

    Equinor is a member of 7 industry associations that are “Misaligned” on climate policy as of May 2024.

People-Centered Transitions: Inadequately Preparing

While many companies have co-opted the language of ‘just transition’ from labor and climate justice movements in recent years, Equinor rates “Grossly Insufficient” on its real-world just transition plans and on upholding human rights.

Independent analysis finds that Equinor has inadequate policies to support and fund just transitions for workers and communities and to uphold human rights and Indigenous Peoples’ rights.

Neither Equinor’s human rights policy, published in 2020, nor its 2023 Human Rights Statement acknowledge Indigenous Peoples’ right to Free, Prior, and Informed Consent.

Norwegian climate activists secured a historic win in Oslo district court in early 2024, challenging their government’s approval of Equinor’s Breidablikk field (among others), though this is being appealed. The activists argued this violated a prior Supreme Court ruling and Norway’s Constitution, as well as international human rights commitments.

Read the report for our full analysis and sources.

Asamblea por un Mar Libre de Petroleras

Civil society organizations are fighting Equinor’s plans to begin exploratory drilling in the Argentine Sea off the coast of Mar del Plata – a major tourist destination and marine ecosystem. Communities have organized the Asamblea por un Mar Libre de Petroleras (Assembly for an Ocean Free of Fossil Fuels) to safeguard their coastal heritage and oppose offshore drilling, organizing monthly demonstrations.

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Take action against Equinor!

Around the world, people are standing up against Equinor and demanding that Norway take responsibility for its contribution to the climate crisis. Join them in putting pressure on Equinor and the Norwegian Government to get Equinor out of oil and gas!

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