Centennial Resource Development

Centennial Resource Development, a US-based company operating in the chemical and fertilizer minerals, salt and other mining and quarrying products sector, reported significant greenhouse gas emissions in its latest disclosures. In 2021, the company's total emissions across Scope 1 and Scope 2 were approximately 430,789,000 kg CO2e, comprising Scope 1 emissions of about 335,991,000 kg CO2e and Scope 2 emissions of approximately 95,044,000 kg CO2e.

In the preceding year, 2020, Centennial Resource Development's combined Scope 1 and Scope 2 emissions amounted to approximately 587,749,000 kg CO2e. Scope 1 emissions for 2020 were reported as 527,489,000 kg CO2e, with Scope 2 emissions at about 60,136,000 kg CO2e.

For 2019, the company's Scope 1 and 2 emissions totalled approximately 811,416,000 kg CO2e, with Scope 1 emissions at 772,063,000 kg CO2e and Scope 2 emissions at around 39,838,000 kg CO2e.

Earlier data from 2018 indicates a substantially higher total emissions figure. In that year, Scope 1 emissions were approximately 2,756,695,000 kg CO2e, Scope 2 emissions were about 254,867,000 kg CO2e, and Scope 3 emissions reached approximately 32,958,640,000 kg CO2e. The combined Scope 1 and 2 emissions for 2018 were approximately 3,011,562,000 kg CO2e.

Centennial Resource Development has not disclosed specific reduction targets or commitments through SBTi or other formal initiatives in the provided data. However, the company does provide intensity metrics, such as a Gross Global Scope 1 GHG Intensity Rate of 12,100 kg CO2e per barrel of oil equivalent in 2021 and a Methane Intensity of 2,700 kg CO2e per barrel of oil equivalent for the same year. These metrics suggest a focus on monitoring and potentially managing emissions intensity within its operations. The company has indicated missing data points for Scope 3, specifically purchased goods and services.