California Resources Corporation (CRC) is a prominent player in the energy sector, headquartered in the United States. Established in 2014, CRC focuses on the exploration and production of oil and natural gas, primarily operating in California's rich resource regions. The company has made significant strides in enhancing its operational efficiency and sustainability practices, positioning itself as a leader in the industry.
CRC's core offerings include the extraction of hydrocarbons and the development of innovative technologies aimed at reducing environmental impact. With a commitment to responsible resource management, California Resources Corporation stands out for its dedication to community engagement and environmental stewardship. As a key contributor to California's energy landscape, CRC continues to achieve notable milestones, reinforcing its market position and commitment to sustainable energy solutions.
+3 vs industry average
California Resources’s score of 22 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
California Resources's reported carbon emissions
California Resources Corporation, headquartered in the US, has committed to achieving net-zero CO2 equivalent emissions by 2050. In 2023, the company reported a total of approximately 17.5 billion kg CO2e in greenhouse gas emissions. This figure is comprised of approximately 2.6 billion kg CO2e from Scope 1, about 152 million kg CO2e from Scope 2, and approximately 14.7 billion kg CO2e from Scope 3 emissions. In 2022, total emissions were around 18.3 billion kg CO2e, with Scope 1 at approximately 2.5 billion kg CO2e, Scope 2 at about 246 million kg CO2e, and Scope 3 at approximately 15.5 billion kg CO2e. Prior to that, in 2021, total emissions stood at approximately 18.9 billion kg CO2e (Scope 1: 2.78 billion kg CO2e, Scope 2: 192 million kg CO2e, Scope 3: 15.97 billion kg CO2e). In 2020, total emissions were around 20.2 billion kg CO2e (Scope 1: 2.85 billion kg CO2e, Scope 2: 211 million kg CO2e, Scope 3: 17.16 billion kg CO2e). The company's total emissions in 2019 were approximately 22.8 billion kg CO2e (Scope 1: 3.16 billion kg CO2e, Scope 2: 247 million kg CO2e, Scope 3: 19.42 billion kg CO2e). In 2018, total emissions reached about 23.5 billion kg CO2e (Scope 1: 3.12 billion kg CO2e, Scope 2: 244 million kg CO2e, Scope 3: 20.15 billion kg CO2e). California Resources has a long-term target to reduce CO2 equivalent emissions to net zero by 2050. While specific interim reduction targets are not detailed, the company's reporting indicates a focus on managing its carbon footprint across all scopes. The company's sustainability reports are available to provide further context on their climate initiatives.
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California Resources’s Climate Goals (2030 & 2050)
1 goal2050
Announced our commitment to reducing CO2 equivalent emission…
Announced our commitment to reducing CO2 equivalent emissions to net zero by 2050.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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