Callon Petroleum Sustainability Profile
Callon Petroleum Company, commonly referred to as Callon, is a prominent player in the oil and gas 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 the exploration and production of hydrocarbons. Specialising in the development of unconventional oil and natural gas resources, Callon is recognised for its innovative techniques and commitment to operational efficiency. The company’s core services include drilling, completion, and production optimisation, which set it apart in a competitive market. With a strategic emphasis on sustainable practices, Callon Petroleum has achieved significant milestones, positioning itself as a leader in the energy sector.
DitchCarbon Score
How does Callon Petroleum'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 Crude Oil Extraction 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
Callon Petroleum's score of 10 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Callon Petroleum's reported carbon emissions
In 2022, Callon Petroleum, headquartered in the US, reported total carbon emissions of approximately 997,218,000 kg CO2e, comprising 824,919,000 kg CO2e from Scope 1 and 172,299,000 kg CO2e from Scope 2 emissions. This marked a significant reduction in emissions intensity, as the company achieved a 40% decrease in Scope 1 emissions since 2019, with an additional 20% reduction realised in 2022 alone. The company has set an ambitious target to reduce its Scope 1 GHG emissions intensity by 50% by 2024, demonstrating a commitment to enhancing its sustainability practices. This target is part of a broader strategy to mitigate climate impact and aligns with industry standards for emissions reduction. Callon Petroleum's emissions data is cascaded from its parent company, Callon Petroleum Company, reflecting a corporate family relationship. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. Overall, Callon Petroleum is actively working towards significant climate commitments, aiming to lower its carbon footprint while maintaining operational efficiency.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 1,450,165,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 118,929,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Callon Petroleum's Industry?
How Carbon Intensive is Callon Petroleum's Location?
Callon Petroleum's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Callon Petroleum has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
