Civitas Resources
Civitas Resources, a prominent player in the energy sector, is headquartered in Great Britain and operates primarily in the United States, focusing on sustainable resource development. Founded in 2021, the company has quickly established itself in the oil and gas industry, emphasising environmentally responsible practices and innovative extraction techniques. Civitas Resources is dedicated to producing high-quality hydrocarbons while prioritising sustainability, making it a unique contender in the market. The company’s commitment to reducing its carbon footprint and enhancing operational efficiency has garnered attention, positioning it as a leader in the transition towards cleaner energy solutions. With a strong emphasis on community engagement and environmental stewardship, Civitas Resources continues to achieve significant milestones, reinforcing its reputation as a forward-thinking organisation in the energy landscape.
DitchCarbon Score
How does Civitas Resources'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 Crude Oil Extraction 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
Civitas Resources's score of 12 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Civitas Resources's reported carbon emissions
In 2023, Civitas Resources reported total carbon emissions of approximately 2,051,159,730 kg CO2e, comprising about 1,920,131,320 kg CO2e from Scope 1 emissions and approximately 131,028,430 kg CO2e from Scope 2 emissions. This marks a significant increase in emissions compared to 2022, when total emissions were about 1,323,568,000 kg CO2e, with Scope 1 emissions at approximately 1,250,800,000 kg CO2e and Scope 2 emissions at about 73,869,000 kg CO2e. Civitas Resources has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 GHG emissions by 2027, using 2021 as a baseline. Additionally, the company targets an annual fixed reduction of 2.5% in Scope 1 GHG emissions intensity from a 2019 baseline, with this initiative running until 2030. These commitments reflect Civitas's dedication to reducing its carbon footprint and addressing climate change effectively. As of now, Civitas has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company's ongoing efforts and targets align with industry standards for climate action and sustainability.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,278,400,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 51,500,000 | 00,000,000 | 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.
Civitas Resources 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.
