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.
How does California Resources'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.
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.
California Resources's score of 28 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, California Resources reported total carbon emissions of approximately 17,504,000,000 kg CO2e. This figure includes Scope 1 emissions of about 2,603,000,000 kg CO2e, Scope 2 emissions of approximately 152,000,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 14,749,000,000 kg CO2e. The company has set a long-term commitment to achieve net zero CO2 equivalent emissions by 2050, starting from 2023. This ambitious target encompasses all scopes of emissions, reflecting California Resources' dedication to addressing climate change and reducing its carbon footprint. Over the past few years, the company has seen fluctuations in its emissions, with total emissions recorded at approximately 18,258,000,000 kg CO2e in 2022 and 18,940,000,000 kg CO2e in 2021. The trend indicates a gradual decrease in emissions from 2020, when they peaked at about 20,213,000,000 kg CO2e. California Resources' ongoing efforts to reduce emissions align with industry standards and demonstrate a proactive approach to sustainability and climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 3,123,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 244,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 20,147,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
California Resources is not participating in any of the initiatives that 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.