Crescent Energy
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Crescent Energy's score of 17 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Crescent Energy's reported carbon emissions
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's emissions data for 2021 indicated a total of approximately 2,068,268,000 kg CO2e, with Scope 1 emissions at 1,358,082,000 kg CO2e and Scope 2 emissions at 710,186,000 kg CO2e. The emissions intensity for this period was about 51,900 kg CO2e per Boe. In 2020, the company reported total emissions of around 985,285,000 kg CO2e, with Scope 1 emissions of 452,016,000 kg CO2e and Scope 2 emissions of 533,269,000 kg CO2e, resulting in an emissions intensity of approximately 25,540 kg CO2e per barrel of oil equivalent. Crescent Energy has committed to near-term climate targets, although specific reduction targets have not been disclosed. The company is not currently committed to a net-zero target. Their climate initiatives are aligned with industry standards, and they are actively working towards improving their emissions profile. All emissions data is sourced from Crescent Energy Company, with no cascaded data from parent or related organizations.
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| 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 | - | - | - |
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.
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.
