Sitio Royalties
Sitio Royalties, a prominent player in the energy sector, is headquartered in the United States and primarily operates across key regions in the Permian Basin and other prolific oil and gas areas. Founded in 2020, the company has quickly established itself as a leader in the acquisition and management of mineral and royalty interests, focusing on maximising value for its stakeholders. Specialising in the acquisition of high-quality royalty interests, Sitio Royalties distinguishes itself through its strategic approach and commitment to operational excellence. The company has achieved significant milestones, including rapid portfolio growth and a strong market presence, positioning itself as a trusted partner in the energy industry. With a focus on sustainable practices and innovative solutions, Sitio Royalties continues to enhance its reputation as a forward-thinking entity in the evolving landscape of energy resources.
DitchCarbon Score
How does Sitio Royalties's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sitio Royalties's score of 5 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sitio Royalties's reported carbon emissions
In 2022, Sitio Royalties reported total carbon emissions of approximately 128,000 kg CO2e, all of which were classified under Scope 2 emissions. This marked an increase from 2021, when the company recorded about 33,000 kg CO2e in Scope 2 emissions. Notably, Sitio Royalties has not disclosed any Scope 1 emissions, indicating no direct emissions from owned or controlled sources. Despite the increase in emissions, there are currently no specific reduction targets or climate pledges outlined by Sitio Royalties. The absence of documented reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As the industry increasingly prioritises sustainability, Sitio Royalties will need to consider establishing measurable targets to align with global climate commitments.
Unlock detailed emissions data
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 33,000 | 000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sitio Royalties is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
