Marathon Petroleum Corporation
Marathon Petroleum Corporation (MPC) is a publicly listed oil and gas company headquartered in the USA. In 2020, it had USD 69.03 billion in revenue and reported 57,900 employees.* MPC’s main business areas include petroleum refining, marketing and transportation. Since 2014, MPC has been broadening its renewable fuels portfolio but its emissions have remained stable since 2015.
- Ranking position
- #13 /100
- Total score
- 24.8 /100
- Performance score
- 4.4 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
MPC receives a trend score of =. If the company were reassessed in the future, its score would likely remain the same. Marathon’s scope 1 and 2 emissions intensity have decreased in line with the company’s 1.5°C pathway. To maintain alignment, MPC needs to set up targets covering scope 3 emissions and future forward-looking GHG targets. MPC’s plans to invest in and deploy biofuels and CCUS projects at scale can improve its performance, but the company has not yet substantiated these plans with a clear deployment strategy or revenue disclosure.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Findlay, Ohio, USA
- Group revenue
- USD 69.03 billion
- Ownership structure
- Publicly listed
- Number of employees
- 57,900
- Scope of activity
- Semi integrated
- Website
- https://www.marathonpetroleum.com/