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 7 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Civitas Resources's reported carbon emissions
In 2023, Civitas Resources reported total carbon emissions of approximately 2,051,159,730 kg CO2e, comprising 1,920,131,320 kg CO2e from Scope 1 emissions and 131,028,430 kg CO2e from Scope 2 emissions. This marked a significant increase in emissions compared to previous years, with Scope 1 emissions rising from 1,250,800,000 kg CO2e in 2022 and Scope 2 emissions increasing from 73,869,000 kg CO2e. In 2022, the company achieved a total of approximately 1,323,568,000 kg CO2e in combined Scope 1 and 2 emissions, indicating a trend of increasing emissions over the years. The Scope 1 GHG emissions intensity for 2023 was reported at about 10,270 kg CO2e per MBOE, reflecting the company's ongoing operations in the mineral fuels sector. Civitas Resources has not disclosed any specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for future focus. The absence of defined reduction strategies suggests that while the company is actively monitoring its emissions, it may need to enhance its climate action framework to align with industry standards and expectations.
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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 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.
