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 15 is lower than 68% 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 1,112,520,000 kg CO2e, comprising about 1,123,252,000 kg CO2e from Scope 1 emissions and around 857,825,000 kg CO2e from Scope 2 emissions. This marked a significant increase from 2021, where total emissions were about 2,068,268,000 kg CO2e, with Scope 1 emissions at approximately 1,358,082,000 kg CO2e and Scope 2 emissions at about 710,186,000 kg CO2e. Crescent Energy has committed to near-term emissions reduction targets, although specific numerical targets have not been disclosed. The company is actively engaged in climate initiatives, demonstrating a commitment to reducing its carbon footprint, particularly in the context of the containers and packaging sector. However, it has not yet committed to a net-zero target. Overall, Crescent Energy's emissions data reflects its ongoing efforts to address climate change while navigating the complexities of the energy sector.
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 committed to some 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.