Civitas Resources Sustainability Profile
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 15 is lower than 57% 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 2,050,115,973 kg CO2e, comprising 1,920,131,320 kg CO2e from Scope 1 emissions and 131,028,430 kg CO2e from Scope 2 emissions. The Scope 1 emissions included significant contributions from stationary combustion, process emissions, and fugitive emissions. Notably, the company has set ambitious reduction targets, aiming for a 50% reduction in absolute Scope 1 GHG emissions by 2027, using 2021 as a baseline. Additionally, Civitas is committed to an annual 2.5% fixed reduction in Scope 1 GHG emissions intensity from a 2019 baseline, with this target extending to 2030. Civitas Resources has consistently disclosed its emissions data, with a focus on transparency regarding its climate commitments. The company has not reported Scope 3 emissions, which typically encompass indirect emissions from the use of sold products. The emissions data is sourced directly from Civitas Resources, Inc., with no cascading from a parent organization. Overall, Civitas Resources is actively working towards reducing its carbon footprint while maintaining accountability through regular emissions reporting and clear reduction initiatives.
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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 | - | - | - | - |
How Carbon Intensive is Civitas Resources's Industry?
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Civitas Resources's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Civitas Resources has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
