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. This figure represents a reduction from 2022, where emissions were about 1,588,769,000 kg CO2e. The company also reported Scope 2 emissions of approximately 282,658,000 kg CO2e for the same year. In 2022, Chord Energy's emissions included about 1,588,769,000 kg CO2e from Scope 1 and approximately 260,222,000 kg CO2e from Scope 2. The trend shows a consistent effort to reduce emissions over the years, with 2021 emissions at approximately 1,751,519,000 kg CO2e for Scope 1 and 250,163,000 kg CO2e for Scope 2. 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, with Scope 1 methane intensity decreasing from 5,210 kg CO2e per tonne in 2021 to 2,900 kg CO2e per tonne in 2023. Overall, Chord Energy's emissions data reflects a commitment to reducing its carbon footprint, although further transparency regarding specific climate commitments would enhance its sustainability profile.
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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 | - | - | - | - |
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.
