Crescent Energy Sustainability Profile
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 23 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Crescent Energy's reported carbon emissions
In 2023, Crescent Energy, headquartered in the United States, reported total carbon emissions of approximately 2,422,518,000 kg CO2e, comprising 1,685,913,000 kg CO2e from Scope 1 emissions and 736,605,000 kg CO2e from Scope 2 emissions. This represents a significant increase from 2022, where total emissions were about 1,981,077,000 kg CO2e, with Scope 1 at 1,123,252,000 kg CO2e and Scope 2 at 857,825,000 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 initiatives to improve its sustainability practices, as indicated by its participation in the Science Based Targets initiative (SBTi), where it has committed to near-term targets. However, it has not yet set a net-zero target. The company has also reported emissions intensity metrics, with a Scope 1 and 2 emissions intensity of approximately 30,080 kg CO2e per barrel of oil equivalent (BOE) in 2023, down from about 35,200 kg CO2e per BOE in 2022. Methane emissions intensity for Scope 1 was reported at 460 kg CO2e per tonne in 2023, compared to 310 kg CO2e per tonne in 2022. Crescent Energy's emissions data is sourced directly from the company, with no cascading from a parent organisation. The company continues to focus on enhancing its environmental performance within the containers and packaging sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 2,107,442,400 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 939,260,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
How Carbon Intensive is Crescent Energy's Industry?
How Carbon Intensive is Crescent Energy's Location?
Crescent Energy'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.
Crescent Energy has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Apache Shelf, Inc.
EP Energy Corporation
Frequently Asked Questions
Common questions about Crescent Energy's sustainability data and climate commitments