Diamondback Energy

In 2023, Diamondback Energy reported total carbon emissions of approximately 1,757,044,000 kg CO2e from Scope 1, which includes direct emissions from their operations, and 953,809,000 kg CO2e from Scope 2, covering indirect emissions from purchased electricity. Additionally, their Scope 3 emissions, primarily from the use of sold products, reached about 52,453,762,000 kg CO2e. Over the years, Diamondback's emissions have fluctuated significantly. In 2016, their Scope 1 emissions were about 174,413,000 kg CO2e, which increased to approximately 1,852,946,000 kg CO2e by 2019. However, in 2022, they reported Scope 1 emissions of about 1,487,280,000 kg CO2e, indicating a potential stabilisation in their direct emissions. Despite these figures, Diamondback Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry trends, where many companies are still developing comprehensive strategies to address climate change and reduce greenhouse gas emissions. Overall, while Diamondback Energy's emissions data highlights the scale of their operations and associated carbon footprint, their climate commitments remain unclear, necessitating further transparency and action in line with global climate goals.