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Equinor announces new intermediate targets on the path towards climate neutrality

The Norwegian oil company has set a new strategy with two incremental goals on its route to achieving net-zero emissions by mid-century. Half the group's investment from 2030 will be spent on green projects.

Photo: INTS KALNINS/REUTERS / X02120

Come 2050, Equinor means to achieve net climate neutrality, and now the Norwegian group has set two intermediate goals to that end.

In 2030, the company plans to have reduced its carbon intensity by 20 percent and then by 40 percent in 2035.

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