Crescent Energy Services, LLC Sustainability Profile
Crescent Energy Services, LLC, headquartered in the United States, is a prominent player in the energy sector, specialising in innovative solutions for oil and gas exploration and production. Founded in 2017, the company has rapidly established itself across key operational regions, focusing on the Gulf Coast and other significant areas within the US. Crescent Energy Services offers a range of core products and services, including advanced drilling technologies and comprehensive project management, distinguished by their commitment to safety and efficiency. With a strong market position, the company has achieved notable milestones, reflecting its dedication to sustainable practices and operational excellence. As a trusted partner in the energy industry, Crescent Energy Services continues to drive progress and innovation, setting new standards for quality and reliability.
DitchCarbon Score
How does Crescent Energy Services, LLC'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
Crescent Energy Services, LLC's score of 8 is lower than 68% 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 Services, LLC's reported carbon emissions
In 2023, Crescent Energy Services, LLC reported total carbon emissions of approximately 2,422,518,000 kg CO2e, comprising 1,685,913,000 kg CO2e from Scope 1 and 736,605,000 kg CO2e from Scope 2. This represents a notable increase from 2022, when total emissions were about 1,981,077,000 kg CO2e, with Scope 1 emissions at 1,123,252,000 kg CO2e and Scope 2 emissions at 857,825,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Crescent Energy has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The absence of documented reduction strategies indicates a potential area for future development in their sustainability efforts. The emissions intensity for Scope 1 and Scope 2 combined was approximately 30,080 kg CO2e per barrel of oil equivalent (BOE) in 2023, compared to 35,200 kg CO2e per BOE in 2022 and 51,920 kg CO2e per BOE in 2021. Methane emissions intensity for Scope 1 was reported at 460 kg CO2e per tonne in 2023, up from 310 kg CO2e per tonne in 2022 and 330 kg CO2e per tonne in 2021. Crescent Energy Services, LLC operates independently without cascading emissions data from a parent organisation, indicating that its reported figures are solely its own. The company is positioned within the mineral fuels and oils sector, which is critical in addressing climate change through effective emissions management.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,358,082,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 710,186,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Crescent Energy Services, LLC's Industry?
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Crescent Energy Services, LLC'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 Services, LLC 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.
