- Increased absolute GHG emissions due to increased production and new assets
- Limited availability of circular polymers due to infrastructure constraints and regulatory ambiguity
- Managing water stress risk at facilities in high-water stress areas
Chevron Phillips Chemical Company LLC
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Chevron Phillips Chemical Company LLC disclosed greenhouse gas emissions of 9.6 MMT CO2e (equity basis), 6.2 MMT CO2e (operated basis). By scope: Scope 1: 7.2 MMT CO2e (equity basis), 4.4 MMT CO2e (operated basis); Scope 2: 2.4 MMT CO2e (equity basis), 1.8 MMT CO2e (operated basis). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 7.2 MMT CO2e (equity basis), 4.4 MMT CO2e (operated basis) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.4 MMT CO2e (equity basis), 1.8 MMT CO2e (operated basis) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 9.6 MMT CO2e (equity basis), 6.2 MMT CO2e (operated basis) |
| 2022 | 9.3 million metric tons of CO2e (equity basis) |
| 2021 | 9.5 million metric tonnes of CO2e (equity); 6.5 million metric tonnes of CO2e (operated) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy intensity by 3% compared to the previous year
- Zero plastic resin loss from global manufacturing facilities
- Completed MACC assessments at five facilities, identifying over 350 potential carbon reduction opportunities
- Two additional CPChem facilities received ISCC PLUS certification
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce carbon intensity by 15% compared to 2020 baseline by 2030
- Achieve an annual production volume of 1 billion pounds of Marlex® Anew™ Circular Polyethylene by 2030