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 18 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chord Energy's reported carbon emissions
In 2023, Chord Energy reported total carbon emissions of approximately 1,500,209,000 kg CO2e from Scope 1 sources, which include direct emissions from their operations. Additionally, their Scope 2 emissions, which account for indirect emissions from purchased electricity, amounted to about 282,658,000 kg CO2e. Over the previous years, Chord Energy has shown a trend of decreasing emissions. In 2022, their Scope 1 emissions were about 1,588,769,000 kg CO2e, and in 2021, they were approximately 1,751,519,000 kg CO2e. This indicates a significant reduction in emissions over the two-year period. The company has also reported a decrease in methane intensity, with 2023 figures showing a methane intensity of about 2,900 kg CO2e per tonne, down from 5,170 kg CO2e per tonne in 2022. Despite these reductions, Chord Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to focus on improving its emissions intensity metrics, which is crucial for aligning with industry standards and addressing climate change effectively.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,147,803,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 000,000,000 | 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 committed to any reduction initiatives 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.
