Chord Energy Sustainability Profile
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 20 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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Chord Energy's reported carbon emissions
In 2024, Chord Energy, headquartered in the US, reported significant carbon emissions, with Scope 1 emissions totalling approximately 1,944,660,000 kg CO2e and Scope 2 emissions at about 351,017,000 kg CO2e. This represents a continuation of their emissions profile, as in 2023, the company recorded Scope 1 emissions of around 2,028,734,000 kg CO2e and Scope 2 emissions of approximately 321,387,000 kg CO2e. Since 2019, Chord Energy has made notable strides in reducing its carbon footprint, achieving a 53% reduction in operated Scope 1 GHG emissions and a 47% decrease in methane emissions intensity by 2022. These reductions highlight the company's commitment to improving its environmental performance. While no Scope 3 emissions data has been disclosed, Chord Energy's focus on reducing its direct emissions demonstrates a proactive approach to climate commitments. The company has not set Science-Based Targets Initiative (SBTi) targets, but its ongoing efforts reflect an awareness of the industry's need for sustainable practices. Overall, Chord Energy's emissions data and reduction initiatives underscore its commitment to addressing climate change while continuing to operate within the energy sector.
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| 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 | - | - | - | - |
How Carbon Intensive is Chord Energy's Industry?
How Carbon Intensive is Chord Energy's Location?
Chord Energy'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.
Chord Energy 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.
