Supporting Your Lower Carbon Journey At All Stages

Incorporating lower carbon fuel solutions into your operations

With the increased focus on the environment and sustainable business practices, more companies are looking for lower carbon solutions — both to help reach lifecycle carbon emissions targets and to potentially gain a competitive edge. Demonstrating a commitment to lower carbon solutions is not just a matter of corporate responsibility, it makes good business sense.

Connect

Your company may already be making strides in this direction. Perhaps your organization has hired a sustainability director or are evaluating your supply chain for opportunities to reduce your carbon intensity. If your company is looking at incorporating lower carbon fuel solutions, then based on certain industry trends, you’re on the right path.

The road to a lower carbon intensity fleet has many solutions. As federal and local regulators target 2027 for heavy-duty truck engine emission standards for reduction, we provided some questions that our experts helped answer as they help companies get started toward lower carbon targets.

What initiatives are fleets taking to work toward their targets?

Carriers, shippers and brokers across all modes have become increasingly focused on lowering carbon intensity. Lowering lifecycle carbon emissions is more than a trend in a competitive landscape where customers are looking to reduce their carbon targets and to stay in compliance with requirements. It’s important to your business plan — now and for the future.

In the trucking segment
The trucking industry has many fleets that have started their lower carbon journey. J.B. Hunt recently set a goal of reducing its own carbon emissions intensity by 32% by the year 2034, as compared to a 2019 baseline. A big part of helping them achieve that is a shift toward more bio-based fuels, including renewable diesel and biodiesel.²

In the marine segment
Of the 10 largest shipping companies by market capitalization globally, all have expressed goals to reach net zero or have aligned with International Maritime Organization (IMO) goals of 50% absolute reduction by 2050.³ Some major maritime shippers have taken a stronger stance. For instance, Maersk, one of the largest ocean shippers in the world, has pledged to reach net zero by 2040.⁴

In the railroad segment
In the rail industry, the Federal Railroad Administration (FRA) is currently calling for railroad operators and manufacturers to join its commitment to reach net zero by 2050.⁵ Many of the class 1 railroads have joined the commitment or set even more aggressive targets for themselves. For instance, Amtrak is aiming for net zero by 2045⁶, Union Pacific by 2050⁷ and CN by 2050.⁸ Both Union Pacific and CN are currently working with Chevron to demonstrate the value that biodiesel is contributing toward reaching their targets.

In addition, manufacturing and non-transportation industries are looking to reduce their own carbon intensity and will seek suppliers that can help them achieve those goals. For example, some shippers are requiring ESG details of carriers when taking bids for transportation contracts, meaning that if your company can’t demonstrate substantial progress toward lower carbon targets, you may risk losing out on potential business.

According to Deloitte, research has shown a correlation between shipping companies with higher ESG ratings having higher profitability over a period of 5-7 years compared to those with a lower ESG rating.⁹ Utilizing lower carbon solutions may lead to increased ROI, due to lower operational costs stemming from reduced maintenance cost and a modernized fleet.

Consider taking some simple steps to demonstrate your readiness to set lower carbon targets. Being able to do so will become increasingly important to remain competitive and responsive in this changing market. 

What are my lower carbon fuel solution options?

The energy system is enormous, the pace of change differs around the world, and many energy solutions will be required to meet future demand.

When exploring your lower carbon fuel options, some of the key elements to consider are scale, speed and solutions.

• Scale: How well is your organization’s infrastructure able to handle the transition? Factors such as tank storage, blender systems, location and logistics should all be considered.
• Speed: Depending on where your operation is located, the speed of transition may vary. For example, in areas where federal and state incentives exist, there may be a more established infrastructure in place. This can help make the switch to lower carbon fuel solutions move more quickly.
• Solutions: Many solutions are required to help enable companies to reach net zero by 2050. With an increasing number of options available, the lower carbon fuels industry now provides greater flexibility to find the right solution for a variety of situations.

Let’s look at the lower carbon fuel solutions from Chevron.

Biodiesel

Biodiesel is made from a variety of resources, many of which are plant-based, with their energy coming from the sun instead of fossil fuels. Other available feedstocks also include diverted waste or byproducts from different industries, providing a new use rather than going to a landfill. These lower carbon feedstocks help biodiesel emit less greenhouse gases than traditional fuels.

Biodiesel is a drop-in fuel that can be used in most existing diesel vehicles and fueling infrastructure, giving diesel fleets a solution for lowering lifecycle carbon emissions quickly with their existing equipment.

Compared with petroleum diesel, biodiesel fuel can also help performance through higher Cetane, added lubricity and a lower carbon burn that can put less stress on diesel particulate filters. Learn more about biodiesel.

Renewable diesel

Renewable diesel is made from the same feedstocks as biodiesel but uses a different production process. The result is a renewable fuel that is more like petroleum diesel and meets the same ASTM D975 specification.

Renewable diesel is a newer alternative fuel on the market but has quickly become popular as it can effectively reduce carbon emissions, deliver strong performance and has up to 85% less sulfur than ultra-low sulfur diesel (ULSD). As lower carbon air regulations and targets become more common, this fuel will likely continue to grow in popularity. Learn more about renewable diesel.

Renewable natural gas

Renewable Natural Gas (RNG) is produced through anaerobic digestion of manure, food and municipal solid waste; and is sourced from dairy farms, waste treatment facilities, and landfills. What would normally decompose, producing methane emissions that are 30 times more potent than CO₂, is instead processed into a carbon-negative fuel and delivered to vehicles at RNG/CNG fueling stations. Learn more about renewable natural gas and compressed natural gas.

Compressed natural gas

CNG is natural gas (methane) that is stored and transported under high pressure in its gaseous state. When compared to conventional diesel, CNG has many advantages:  

• Lower carbon intensity based on reduced emissions across its production lifecycle  
• Lower engine emissions of NOx and particulate matter  

The range of CNG-powered heavy-duty trucks typically exceeds electric-powered trucks relying on still-emerging EV technology. 

Hydrogen

Including hydrogen in your fuel portfolio can help you to evolve your fuel offerings for shifting customer needs at select retail stations. Light-duty, hydrogen-powered fuel-cell electric vehicles (FCEVs) are growing in popularity. Fleets are seeking to lower their carbon intensity, and hydrogen fuel can help attract new customers in light- and heavy-duty fleet sectors. Hydrogen is a lower carbon intensity fuel that may also help your value in the commercial sector. Learn more about hydrogen

What can be done today to start my lower carbon journey?

Start by understanding your baseline emissions and establish your own ESG reporting. There are a number of resources available to help organizations set GHG targets, including best practices and a Corporate GHG Inventorying and Target Setting Self-Assessment from the United States EPA.

Request meetings with suppliers to see where improvements and other changes can be made. Talk with your peers and industry leaders and see what your competitors are doing. Take note of how they are reporting progress and which efforts you can replicate. While this information may not be readily packaged in one place, you can glean insights from press releases, public ESG reports, following trade media outlets and other sources.

Regardless of the stage of your lower carbon journey, Chevron can help. From tracking and quantifying your progress with our monthly GHG emissions reporting to tailoring solutions to providing technical and educational support, we can help drive value for your business.

Emissions calculator
Use our carbon emissions calculator to determine how you could work toward your targets.

As your company evaluates and evolves your lower carbon strategy, it may be beneficial to visualize additional opportunities by integrating more biofuels. Just enter your fuel application, the timeframe, gallons or liters, annual fuel consumption and the percentage of total fuel consumption that you want to convert to bio-based diesel. The calculator provides an estimated reduction of Scope 1 fossil fuel emissions in metric tons.

Chevron can help

Reducing carbon intensity is something that a large percentage of transportation providers and shippers have already started. These efforts allow shippers to remain competitive by utilizing a variety of solutions. Making a rapid impact without making major infrastructure changes can be achieved with bio-based diesel fuels, one of the easiest solutions to implement today. It’s also among the most effective. Learn more about Chevron's suite of lower carbon fuel solutions and technical expertise.

Contact Chevron to help you get started on your lower carbon journey.

¹ https://www.epa.gov/greenvehicles/fast-facts-transportation-greenhouse-gas-emissions

² https://www.regi.com/resources/case-studies/as-customer-needs-evolve--jb-hunt-gets-creative

³ https://www.maritime-executive.com/article/wake-up-call-for-shipping-only-third-have-decarbonization-pledges

⁴ https://www.maritime-executive.com/article/maersk-withdraws-from-board-membership-at-ics-citing-climate-goals

⁵ https://railroads.dot.gov/newsroom/press-releases/federal-railroad-administration-announces-climate-challenge-meet-net-zero

⁶ https://media.amtrak.com/2022/09/amtrak-aims-to-achieve-net-zero-greenhouse-gas-emissions-by-2045

⁷ https://www.up.com/media/releases/climate-action-plan-nr-221115.htm

⁸ https://www.cn.ca/en/news/2021/12/cn-recognized-with-prestigious-a-score-for-climate-change

⁹ https://www2.deloitte.com/content/dam/Deloitte/gr/Documents/consumer-business/gr_esg_in_the_shipping_sector_noexp.pdf

Building upon your lower carbon journey

Your company may have already experienced some benefits of adopting a lower carbon strategy in your business, such as seeing a reduction in lifecycle carbon emissions as a result of switching to biodiesel. Perhaps your operation has implemented lower carbon fuels into trials or is evaluating your company’s supply chain for additional lower carbon opportunities. The actions your company has already taken may already have an advantage over other companies that haven’t yet started on a lower carbon program.

• Deloitte research shows that shipping companies with higher ESG ratings tend to have higher profitability over a 5-7 year period compared to those with a lower ESG rating.¹
• Utilizing lower carbon fuel solutions can lead to increased ROI, due to lower operational costs stemming from reduced maintenance and a modernized fleet.
• A higher ESG rating can be attractive to a customer base that is taking an increased interest in reduced lifecycle carbon emissions.

  ---

Connect with one of our experts for more information on how we can support your lower carbon journey.

Connect

Tell your story

While your company is heading in a positive direction, quantifying your lower carbon emissions for employees, investors, customers, suppliers and even the communities you serve can be challenging. But when you get stakeholders involved and integrated into your lower carbon journey, you likely can reach those targets faster.

Cross-functional collaboration is key; all stakeholders — including CFOs, heads of sustainability, operations, procurement and risk departments — need to have a good understanding of your lower carbon plans and the data that is connected to it. Those groups can then play an informed role in getting the word out to their teams, customers, suppliers and others interested in the important work your company is doing.

Develop an internal communication plan around reporting results that includes KPIs, units and evidence to help your company prove how and why you have implemented certain lower carbon strategies. Your organization — as well as external investors, customers and suppliers — can use this plan as one source of information.²

Also, look for opportunities to tell your story to your customers, key stakeholders and other interested parties. Utilize your social media channels and website as resources when you are talking to customers and prospects. Be sure to translate complex jargon, acronyms and other high-level information into terms anyone can understand.

Use Chevron’s tools to help define your story

GHG emissions reporting
Chevron provides a monthly lower carbon summary report estimating the metric tons of greenhouse gas emissions avoided by using our lower carbon fuel solutions. The report can help provide relatable equivalents for comparison purposes, including:

• The number of miles it would take for a passenger car to release a similar amount of carbon emissions.
• The metric tons of coal burned that it would take to release a similar amount of carbon emissions.
• The number of acres of U.S. forests it would take to sequester a similar amount of carbon emissions.

When your employees, investors, customers and suppliers see the impact of your efforts in terms relevant to them, your story can become more motivating and inspiring. Learn more about our lower carbon summary report now.

Emissions calculator
Use our carbon emissions calculator to determine how you could reach your targets.

As your company evaluates and evolves your lower carbon strategy, it may be beneficial to visualize additional opportunities for lower lifecycle carbon emissions by integrating more biofuels. Just enter your fuel application, the timeframe, gallons or liters, annual fuel consumption and the percentage of total amount of fuel that you want to convert to bio-based diesel. The calculator provides an estimated reduction of Scope 1 fossil fuel emissions in metric tons.

Collaborate with suppliers and customers
You are likely working with certain suppliers and customers to help lower lifecycle carbon emissions throughout the supply chain. Discuss how they are approaching lower carbon efforts. Use this information to help create a case study and to provide another example of the success of your lower carbon strategy.³

Consider other strategies for ramping up carbon reduction

Once your employees, investors, customers and suppliers are on board to support your journey toward lower lifecycle carbon emissions, you can start expanding the use of biofuels and taking on more comprehensive strategies across the entire organization. Many solutions are required to help enable companies to work toward net zero by 2050. With an increasing number of options available, the lower carbon fuels industry now provides greater flexibility to find the right solution for a variety of situations. Let’s look at the lower carbon fuel solutions from Chevron.

Biodiesel

Biodiesel is made from a variety of resources, many of which are plant-based, with their energy coming from the sun instead of fossil fuels. Other available feedstocks also include diverted waste or byproducts from different industries, providing a new use rather than going to a landfill. These lower carbon feedstocks help biodiesel emit less greenhouse gases than traditional fuels.

Biodiesel is a drop-in fuel that can be used in most existing diesel vehicles and fueling infrastructure, giving diesel fleets a solution for lowering lifecycle carbon emissions quickly with their existing equipment.

Compared with petroleum diesel, biodiesel fuel can also help performance through higher Cetane, added lubricity and a lower carbon burn that can put less stress on diesel particulate filters. Learn more about biodiesel.

Renewable diesel

Renewable diesel is made from the same feedstocks as biodiesel but uses a different production process. The result is a renewable fuel that is more like petroleum diesel and meets the same ASTM D975 specification.

Renewable diesel is a newer alternative fuel on the market but has quickly become popular as it can effectively reduce carbon emissions, deliver strong performance and has up to 85% less sulfur than ultra-low sulfur diesel (ULSD). As lower carbon air regulations and targets become more common, this fuel will likely continue to grow in popularity. Learn more about renewable diesel.

Renewable natural gas

Renewable Natural Gas (RNG) is produced through anaerobic digestion of manure, food, municipal, and solid waste; and is sourced from dairy farms, waste treatment facilities, and landfills. What would normally decompose, producing methane emissions that are 30 times more potent than CO2, is instead processed into a carbon negative fuel and delivered to vehicles at RNG/CNG fueling stations. 

Learn more about renewable natural gas and compressed natural gas.

Compressed natural gas

CNG is natural gas (methane) that is stored and transported under high pressure in its gaseous state. When compared to conventional diesel, CNG has many advantages:  

• Lower carbon intensity based on reduced emissions across its production life cycle  
• Lower engine emissions of NOx and particulate matter  

The range of CNG-powered heavy-duty trucks typically exceeds electric-powered trucks relying on still-emerging EV technology. 

Hydrogen

Including hydrogen in your fuel portfolio can help you to evolve your fuel offerings for shifting customer needs at select retail stations. Light-duty, hydrogen-powered fuel-cell electric vehicles (FCEVs) are growing in popularity. Fleets are seeking to lower their carbon intensity, and hydrogen fuel can help attract new customers in light- and heavy-duty fleet sectors. Hydrogen is a lower carbon intensity fuel that may also help your value in the commercial sector. Learn more about hydrogen

How long will it take for me to transition to a lower carbon solution like biofuel?

Federal and local regulators are targeting 2027 for heavy-duty truck engine emission standards for reduction. We understand there are a lot of questions around how your fleet will operate with different lower carbon fuels. The timeframe for a lower carbon transition depends on a variety of factors, including your company’s current infrastructure, scale of operations, technological advancements, financial resources, and regulatory environment and requirements.

However, considering that biodiesel acts as a drop-in replacement for petroleum diesel, there’s a lower barrier to entry. Lower carbon fuel solutions can be dropped into virtually any existing infrastructure – including engines and storage tanks – so your carbon emission reduction efforts seamlessly begin on day one. Looking ahead for your organization, you may want to consider adding a variety of fuel solutions in your lower carbon journey as infrastructure expands. Multiple avenues will need to be used in order to get to a lower carbon future.

Look to Chevron to be a strategic partner along your journey

Leading-edge quality, go-to-market agility, lower carbon solutions and strategic partnerships are all ways we help drive value for your business. We’re here to be your partner and help you along your lower carbon journey by leveraging decades of experience helping customers meet their unique needs.

Implementing a lower carbon fuel isn’t a one-and-done proposition. We support your business with ongoing education including webinars, in-person meetings, estimated GHG reduction reports and regular informational materials.

Chevron is actively involved in advocating for public policies that support the advancement of lower carbon fuel solutions. We align and engage with our government relationships to best support our customers and the changing needs of the communities they serve.

We’re here to help your company navigate complexities and work toward your lower carbon targets. Everything we offer combines to help us deliver quality, customized fuel options and strong strategic partnerships.

Chevron delivers a suite of lower carbon fuel solutions and technical expertise with the integrity required to meet our customers' greatest challenges and ambitions, advancing lower carbon progress wherever they are in their journey.

Contact Chevron to help you get started on your lower carbon journey.

¹ https://www2.deloitte.com/content/dam/Deloitte/gr/Documents/consumer-business/gr_esg_in_the_shipping_sector_noexp.pdf

 ² https://hbr.org/2023/08/demystifying-emissions-reporting

 ³ https://www.atechlogistics.com/7-ways-to-lower-your-carbon-emissions-in-trucking-logistics/

Work toward net zero targets with more advanced lower carbon strategies

Your company is leading the way in the journey to lower carbon emissions. Your organization may have reduced waste, upgraded facilities, modernized equipment and may have had a sustainability director leading your staff for several years. As part of your efforts, you are actively tracking emission reductions and have set goals to reach a net zero target. At this point, you may be looking to add more aggressive strategies to meet your benchmarks.

Connect with one of our experts for more information on how we can support your lower carbon journey.

Connect

For commercial transportation, fuel is one of the largest sources of lifecycle carbon emissions within the supply chain.¹ Continuing the incorporation of lower carbon biofuels can help decrease these emissions. With an increasing number of options available, the lower carbon fuels industry now provides greater flexibility to find the right solution for a variety of situations.

As your company continues to look for ways to accelerate your lower carbon journey, we’ve provided some additional steps you may consider taking.

Explore additional lower carbon solutions

Your company is likely utilizing biodiesel and/or renewable diesel. Remember, these drop-in fuels will continue to offer lower lifecycle carbon emissions today.

As you know, biodiesel is a high-quality fuel for use in conventional diesel applications and can be used in most existing diesel vehicles and fueling infrastructure, giving diesel fleets a solution for lowering lifecycle carbon emissions quickly with existing equipment.

Other benefits of biodiesel include:

-Enables reduced carbon intensity today with lower Carbon Intensity (CI) than petroleum diesel

-Reduces pollutants in tailpipe emissions from legacy engines and can reduce the burden on New Technology Diesel Engine’s (NTDE) emissions control systems (fewer DPF regenerations, for example)

-Compared to petroleum diesel, biodiesel can reduce engine emissions by:

• Up to 100% for fossil carbon²
• Up to 70% for particulate matter³
• Up to 70% for particulate matter³
  

Renewable diesel can serve as a direct replacement to petroleum diesel for maximum engine performance and reduced carbon emission benefits across the fleet.

Other benefits of renewable diesel include:

-Stringent quality standards that exceed ASTM, CEN and CGSB specification requirements

-Lower Carbon Intensity (CI) allows for emissions solutions today

-Compared to petroleum diesel, renewable diesel can reduce engine emissions by:

• Up to 100% for fossil carbon²
• Up to 30% for particulate matter²

-Approximately 15% for nitrogen oxides (NOx)³

Incorporating higher blends of biodiesel

Increasing the blend rate of biodiesel is another way your company can help accelerate its lower carbon journey.

With more than two decades of experience in the biofuels industry, we know there can be additional benefits to using higher blends of biodiesel — both for the life of the engine and for potential ROI improvements.

Higher blends greater than B20 have been used by many on-road fleets. We’ve conducted tests to compare various biodiesel blend levels to petroleum diesel in terms of engine-out particulate matter emissions, engine-out soot and general wear of engine components, including injectors and valves. The results indicate that higher blends are safe to use, and by many measures, may be better for engine performance than straight petroleum diesel.

Other benefits of higher blends include lower carbon intensity, enhanced lubricity and may even improve engine performance. In addition, B20 fuel efficiency has performed similar to that #2 ULSD fleet in terms of fuel economy, fuel properties, engine oil samples, and operations and maintenance issues.⁴

Higher blends of biodiesel results in lower fossil carbon emissions. Air quality, or criteria emissions, such as lower particulate matter, total hydrocarbons and carbon monoxide are lower in engine emissions with increased biodiesel content.⁵

B100 with Optimus Technology

Biodiesel is a lower carbon alternative to petroleum diesel that is readily available today. It is suitable for use in any diesel engine, and works with current infrastructure, often being blended at a level of 20%, or B20. With Optimus’ new technology, biodiesel is now able to be utilized as B100. 

The B100 system from Optimus Technologies is an innovative and cost-effective approach for fleets to improve on their emissions targets. Vehicles are equipped to run on B100 through a simple vehicle add-on. The system starts and shuts down the engine using conventional diesel, operating on 100% biodiesel only after the vehicle has reached optimal operating conditions. This allows fleets to operate on B100 year-round.

Explore other lower carbon fuel solutions

Renewable natural gas

Renewable Natural Gas (RNG) is produced through anaerobic digestion of manure, food, municipal, and solid waste; and is sourced from dairy farms, waste treatment facilities, and landfills. What would normally decompose, producing methane emissions that are 30 times more potent than CO2, is instead processed into a carbon negative fuel and delivered to vehicles at RNG/CNG fueling stations. Learn more about renewable natural gas and compressed natural gas

Compressed natural gas

CNG is natural gas (methane) that is stored and transported under high pressure in its gaseous state. When compared to conventional diesel, CNG has many advantages:  

• Lower carbon intensity based on reduced emissions across its production life cycle  
• Lower engine emissions of NOx and particulate matter  

 The range of CNG-powered heavy-duty trucks typically exceeds electric-powered trucks relying on still-emerging EV technology. 

Hydrogen 

Including hydrogen in your fuel portfolio can help you to evolve your fuel offerings for shifting customer needs at select retail stations. Light-duty, hydrogen-powered fuel-cell electric vehicles (FCEVs) are growing in popularity. Fleets are seeking to lower their carbon intensity, and hydrogen fuel can help attract new customers in light- and heavy-duty fleet sectors. Hydrogen is a lower carbon intensity fuel that may also help your value in the commercial sector. Learn more about hydrogen

Understand Scope 1, 2 and 3 emissions and how to measure them

Scope 1, 2 and 3 is a way of categorizing the different kinds of carbon emissions a company creates in its own operations and in its wider value chain.

• Scope 1 emissions— Covers the Green House Gas (GHG) emissions that a company produces. Examples include operating your fleets or boilers.
• Scope 2 emissions — These are the emissions a company makes indirectly – such as the electricity or energy you buy for heating and cooling buildings.
• Scope 3 emissions — All emissions that are not directly associated with the organization, but which you are indirectly responsible for, up and down your value chain. For example, emissions from buying products from suppliers and emissions from your products as customers use them.

Scopes 1 and 2 are mostly within an organization’s control. Companies will normally have the source data needed to convert direct purchases of gas and electricity into a value such as tons of GHG emissions. This information may sit with procurement, finance, operational management or in a sustainability function.

Scope 3 is often where there is a significant impact. For many businesses, Scope 3 emissions account for more than about 70% of their carbon footprint. For example, for a manufacturing organization, there will often be significant carbon emissions from the extraction, manufacture and processing of the raw materials necessary to produce their products.

Committing to reach net zero will involve tackling your Scope 3 emissions. Definitions for what constitutes net zero can be slippery - but businesses looking to adopt best practices will need to investigate Scope 3 emissions as part of their plans. Mapping your emissions footprint by scale, and how much control your company has over the source is a good way to start addressing them.⁶

Encourage supply chain partners to lower their carbon emissions

Top fleets including PepsiCo are looking for suppliers that hold themselves to strict environmental standards with goals to reduce carbon emissions. While addressing scope 1 and 2 emissions has been relatively straightforward for these large companies, Scope 3 has been more difficult, and they need upstream partners who are committed to net zero targets and are using innovative solutions to get there.⁷ If you capitalize on these opportunities to collaborate with your customers and partners throughout the supply chain, being an advisor on lower carbon actions may result in additional opportunities with your customers and partners.

Tell Your Story

While your company is heading in a positive direction, quantifying your lower carbon emissions for employees, investors, customers and suppliers can be challenging. As you get stakeholders involved and integrated into your lower carbon journey, you may find that you can reach your targets more quickly. Cross-functional collaboration is key; all stakeholders — including CFOs, heads of sustainability, operations, procurement and risk departments — need to have a good understanding of your lower carbon plans and the data that is associated with it. Those groups can then play an informed role in getting the word out to their teams, customers and suppliers about the important work your company is doing.

Develop an internal communication plan around reporting results that includes KPIs, units, and evidence to help your company prove how and why you have implemented certain lower carbon strategies. Your organization — as well as external investors, customers and suppliers — can use this plan as one source of information.⁸

Look for opportunities to tell your story to your customers and key stakeholders. Utilize your social media channels and website as resources when you are talking to customers and prospects. Be sure to translate complex jargon, acronyms and other high-level information into terms anyone can understand.

Use Chevron’s tools to help define your story

GHG Emissions Reporting
Chevron provides a monthly lower carbon summary report estimating the metric tons of greenhouse gas emissions avoided by using our lower carbon solutions. The report can help provide relatable equivalents for comparison purposes, including:

• The number of miles it would take for a passenger car to release a similar amount of carbon emissions.
• The number of metric tons of coal burned it would take to generate a similar amount of carbon emissions.
• The number of acres of U.S. forests it would take to sequester a similar amount of carbon emissions.

When your employees, investors, customers and suppliers see the impact of your efforts in terms relevant to them, your story becomes motivating and inspiring. Learn more about our lower carbon summary report here.

Emissions calculator
Use our carbon emissions calculator to determine how you could reach your targets.

As your company evaluates and evolves your lower carbon strategy, it may be beneficial to visualize additional opportunities by integrating more biofuels. Just enter your fuel application, the timeframe, gallons or liters, annual fuel consumption and the percentage of total fuel consumption that you want to convert to bio-based diesel. The calculator provides an estimated reduction of Scope 1 fossil fuel emissions in metric tons.

Chevron can help

Product quality, agile operations and logistics, lower carbon solutions and strategic partnerships are all ways we can help drive value for your business. We’re here to be your partner and support your lower carbon journey by leveraging decades of experience helping customers meet their unique needs.

Chevron delivers a suite of lower carbon solutions and technical expertise with the integrity required to meet our customers’ greatest challenges and ambitions, advancing lower carbon progress wherever they are in their journey.

Contact Chevron to help you get started on your lower carbon journey

 

 

¹ https://fortune.com/2022/06/15/climate-change-carbon-emissions-net-zero-goals/

² Product is produced from renewable oils and fats. Methanol used to make biodiesel and hydrogen used to make renewable diesel and SAF are typically made from conventional natural gas, but can be produced from renewable resources

³ CARB Assessment of the Emissions from the Use of Biodiesel as a Motor Vehicle Fuel in California "Biodiesel Characterization and NOx Mitigation Study." Durbin (2011)

⁴ “Quantitative Evaluation of an On-Highway Trucking Fleet to Compare #2 ULSD and B20 Fuels and their Impact on Overall Fleet Performance”; C.R. McKinley, J.H. Lumkes Jr.

⁵ Chevron Renewable Energy Group data

6 Deloitte  https://www2.deloitte.com/uk/en/focus/climate-change/zero-in-on-scope-1-2-and-3-emissions.html

7 https://sciencebasedtargets.org/companies-taking-action/case-studies/pepsico

8 https://www.atechlogistics.com/7-ways-to-lower-your-carbon-emissions-in-trucking-logistics/