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Callon Petroleum Company, commonly referred to as Callon, is a prominent player in the crude petroleum industry, headquartered in the United States. Founded in 1950, the company has established a strong presence in key operational regions, particularly in the Permian Basin and the Eagle Ford Shale, where it focuses on crude oil extraction and related services.
Specialising in the exploration and production of crude oil, Callon Petroleum distinguishes itself through its innovative techniques and commitment to operational efficiency. The company has achieved significant milestones, including strategic acquisitions that have bolstered its market position. With a robust portfolio of assets and a dedication to sustainable practices, Callon continues to be a notable force in the oil and gas sector, driving growth and delivering value to its stakeholders.
-7 vs industry average
Callon Petroleum’s score of 9 is lower than 29% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Crude Oil Extraction is among the most carbon-intensive industries
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
Scope 3 accounts for ••• of total emissions.
Callon Petroleum, a US-based company in the crude petroleum and related services industry, reported its Scope 1 and Scope 2 carbon emissions.
In 2022, Callon Petroleum's Scope 1 emissions were 824,919,000 kg CO2e, and its Scope 2 emissions were 172,299,000 kg CO2e (location-based). This represents a decrease from 2021, when Scope 1 emissions were 1,047,039,000 kg CO2e and Scope 2 emissions were 80,984,000 kg CO2e. Looking further back, in 2019, Callon Petroleum's Scope 1 emissions were 1,450,165,000 kg CO2e and Scope 2 emissions were 118,929,000 kg CO2e. The company has not disclosed its Scope 3 emissions.
Callon Petroleum has committed to reducing its Scope 1 GHG emissions intensity by 50% by 2024, using 2019 as a baseline. The company reported a 40% reduction in Scope 1 emissions between 2019 and 2022.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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