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 23 is higher than 51% 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, with Scope 1 emissions accounting for about 1,500,209,000 kg CO2e and Scope 2 emissions at approximately 282,658,000 kg CO2e. The company has shown a significant reduction in emissions intensity, with a Scope 1 GHG emissions intensity per gross annual production of about 0.00001731 kg CO2e per MBOE. Looking at previous years, in 2022, Chord Energy's total emissions were approximately 1,588,769,000 kg CO2e, with Scope 1 emissions at about 1,588,769,000 kg CO2e and Scope 2 emissions around 260,222,000 kg CO2e. The trend indicates a commitment to reducing emissions, as seen in the decrease in emissions intensity over the years. However, it is important to note that Chord Energy has not publicly set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that while the company is actively monitoring its emissions, it may not yet have formalised strategies aligned with industry standards such as the Science Based Targets initiative (SBTi). Overall, Chord Energy's emissions data reflects a focus on managing carbon outputs, but further clarity on long-term climate commitments and reduction strategies would enhance their sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 519,701,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 178,369,000 | 00,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | - | - |
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.
