Crescent Energy Company, commonly referred to as Crescent Energy, is a prominent player in the US energy sector, headquartered in Houston, Texas. Founded in 2020, the company has quickly established itself in the oil and gas industry, focusing on the acquisition and development of high-quality assets in key operational regions, including the Permian Basin and the Eagle Ford Shale. Crescent Energy's core offerings encompass exploration, production, and asset management, distinguished by a commitment to sustainable practices and innovative technologies. The company has achieved significant milestones in a short span, positioning itself as a competitive force in the market. With a strong emphasis on operational efficiency and environmental stewardship, Crescent Energy continues to enhance its reputation as a responsible energy provider, dedicated to meeting the evolving needs of the industry.
How does Crescent 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.
Mean score of companies in the Electricity from Other Sources 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.
Crescent Energy's score of 17 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Crescent Energy reported total carbon emissions of approximately 1,982,000,000 kg CO2e, comprising 1,123,252,000 kg CO2e from Scope 1 emissions and 857,825,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. The emissions intensity for Scope 1 and 2 was reported at about 35,200 kg CO2e per barrel of oil equivalent (Boe). Crescent Energy has committed to near-term carbon reduction targets, although specific numerical targets have not been disclosed. The company is actively engaged in sustainability initiatives and has pledged to enhance its climate commitments, as indicated by its status of being "Committed" to near-term targets. However, it has not set a net-zero target as of now. The emissions data is sourced from Crescent Energy Company, with no cascaded data from a parent or related organization. The company operates within the Containers and Packaging sector and is headquartered in the United States.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 452,016,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 533,269,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - |
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.
Crescent Energy is participating in some 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.