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 3 is lower than 78% 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 significant carbon emissions, totalling approximately 1,920,131,320 kg CO2e for Scope 1 emissions, which include direct emissions from owned or controlled sources. Additionally, their Scope 2 emissions, which account for indirect emissions from the generation of purchased electricity, amounted to about 131,028,430 kg CO2e. The combined total for Scope 1 and Scope 2 emissions reached approximately 2,051,159,730 kg CO2e. Civitas Resources has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 GHG emissions by 2027, using a 2021 baseline. Furthermore, they are targeting an annual fixed reduction of 2.5% in Scope 1 GHG emissions intensity from a 2019 baseline, with this initiative extending until 2030. These targets reflect the company's commitment to reducing its carbon footprint and aligning with industry standards for climate action. The company has not disclosed any Scope 3 emissions data, which typically includes emissions from the use of sold products and other indirect sources. However, they have reported Scope 3 emissions related to the use of sold products, amounting to approximately 66,892,718,000 kg CO2e. Civitas Resources's emissions data and reduction initiatives demonstrate a proactive approach to addressing climate change, with a focus on both absolute and intensity-based reductions in their operational emissions.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,200,551,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 67,564,000 | 00,000,000 | 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.
