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Occidental Petroleum

Occidental Petroleum is a publicly listed company headquartered in the United States. In 2021 its revenue was USD 26.31 billion. Occidental is an upstream oil and gas producer and petrochemicals manufacturer. The company operates in the US, the Middle East and North Africa. Over 70% of its reserves are in the US and it is a leading producer in the Permian Basin.
Ranking position
#31 /99
Total score
19.4 /100

11.4 /60
Core social indicators
5.5 /20
Just transition
2.5 /20

ACT score components

Performance score
3.0 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-99)


#1 13.3 /100 #23

Material investment

#1 5.6 /100 #53

Intangible investment

#1 0.0 /100 #11

Sold products

#1 16.9 /100 #4


#1 61.5 /100 #15

Supplier engagement


Client engagement


Policy engagement

#1 39.0 /100 #26

Business model

#1 11.3 /100 #38
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


Occidental Petroleum receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Occidental has set ambitious targets to reduce its operational emissions. However, it has not set any short- or medium-term targets to reduce its scope 3 emissions. The company is increasing the proportion of gas in its production mix, which has led to a decrease in its scope 3 emissions. However, the company continues to explore for new oil and gas reserves and is projected to significantly exceed its 1.5°C carbon budget for the period 2022 to 2050.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

See results for

  1. 2021

More about the company

Houston, Texas, United States of America
Publicly listed
USD 26.3 billion

This company is part of the SDG2000, the 2,000 most influential companies

See company profile SDG2000