California Resources Corporation (CRC) is a prominent player in the US oil and gas industry, specialising in the exploration, development, and production of gas and diesel oil. Headquartered in the United States, CRC operates primarily within California’s key hydrocarbon regions, leveraging extensive geological expertise to optimise resource extraction.
Founded in 2014, CRC has established itself as a significant independent oil and natural gas producer, focusing on responsible and efficient resource management. Its core offerings include the production of high-quality gas and diesel fuels, with a commitment to operational safety and environmental stewardship. Recognised for its strategic assets and innovative extraction techniques, CRC maintains a strong market position within North America’s energy sector.
+3 vs industry average
California Resources’s score of 23 is lower than 49% 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 23% since 2018
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 and operating within the Gas/Diesel Oil industry, has made a long-term commitment to achieve net zero CO2 equivalent emissions by 2050.
For the reporting year 2023, the company reported total emissions of approximately 17.5 billion kg CO2e. This figure comprises approximately 2.6 billion kg CO2e for Scope 1, about 152 million kg CO2e for Scope 2, and approximately 14.7 billion kg CO2e for Scope 3 emissions.
In 2022, California Resources Corporation's total emissions were approximately 18.3 billion kg CO2e, with Scope 1 emissions at around 2.5 billion kg CO2e, Scope 2 emissions at about 246 million kg CO2e, and Scope 3 emissions totalling approximately 15.5 billion kg CO2e.
The preceding years show a trend of declining total emissions. In 2021, total emissions were approximately 18.9 billion kg CO2e (Scope 1: ~2.8 billion kg CO2e, Scope 2: ~192 million kg CO2e, Scope 3: ~16 billion kg CO2e). In 2020, total emissions amounted to about 20.2 billion kg CO2e (Scope 1: ~2.8 billion kg CO2e, Scope 2: ~211 million kg CO2e, Scope 3: ~17.2 billion kg CO2e). In 2019, total emissions were approximately 22.8 billion kg CO2e (Scope 1: ~3.2 billion kg CO2e, Scope 2: ~247 million kg CO2e, Scope 3: ~19.4 billion kg CO2e). In 2018, total emissions stood at approximately 23.5 billion kg CO2e (Scope 1: ~3.1 billion kg CO2e, Scope 2: ~244 million kg CO2e, Scope 3: ~20.1 billion kg CO2e).
The company has a disclosed commitment to reducing CO2 equivalent emissions to net zero by 2050, with a target starting point of 2023 and an end year of 2050.
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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.
See all 1 climate goals
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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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