Chord Energy
Chord Energy Corporation, headquartered in the United States, is a prominent player in the energy sector, specialising in the exploration and production of oil and natural gas. Founded in 2022, the company has quickly established itself in key operational regions, particularly in the Williston Basin, where it focuses on leveraging advanced technologies to optimise resource extraction. With a commitment to sustainability and innovation, Chord Energy offers unique services that enhance operational efficiency while minimising environmental impact. The company’s strategic approach has positioned it as a leader in the industry, achieving significant milestones in production growth and resource management. As it continues to expand its footprint, Chord Energy remains dedicated to delivering reliable energy solutions that meet the evolving needs of the market.
DitchCarbon Score
How does Chord Energy'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 Electricity Transmission 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
Chord Energy's score of 17 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chord Energy's reported carbon emissions
In 2023, Chord Energy reported total carbon emissions of approximately 1,500,209,000 kg CO2e for Scope 1 and 282,658,000 kg CO2e for Scope 2, resulting in a combined total of about 1,782,867,000 kg CO2e. This marks a reduction from 2022, where emissions were approximately 1,588,769,000 kg CO2e for Scope 1 and 260,222,000 kg CO2e for Scope 2, totalling around 1,848,991,000 kg CO2e. In 2021, the company reported even higher emissions, with Scope 1 at about 1,751,519,000 kg CO2e and Scope 2 at 250,163,000 kg CO2e, leading to a total of approximately 2,001,682,000 kg CO2e. Since 2019, Chord Energy has achieved significant reductions in its operational emissions, lowering Scope 1 greenhouse gas emissions intensity by 53% and methane emissions intensity by 47% by 2022. These reductions demonstrate the company's commitment to improving its environmental performance. Chord Energy has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company is actively engaged in initiatives to enhance sustainability and reduce its carbon footprint, aligning with industry standards and expectations for climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,751,519,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 250,163,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Chord Energy 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.
