Diversified Gas & Oil Corporation Sustainability Profile
Diversified Gas & Oil Corporation, often referred to as DGO, is a prominent player in the energy sector, headquartered in the United States. Established in 2001, the company has carved a niche in the acquisition and operation of natural gas and oil assets, primarily in the Appalachian Basin and other key regions across the US. DGO focuses on the production and distribution of natural gas and oil, offering a unique blend of operational efficiency and sustainable practices. With a commitment to maximising resource recovery while minimising environmental impact, the company has achieved significant milestones, including a robust portfolio of producing wells. Recognised for its strategic growth and operational excellence, Diversified Gas & Oil Corporation stands out in the market, continually enhancing its position as a reliable energy provider in an evolving industry landscape.
DitchCarbon Score
How does Diversified Gas & Oil Corporation'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
Diversified Gas & Oil Corporation's score of 11 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Diversified Gas & Oil Corporation's reported carbon emissions
In 2019, Diversified Gas & Oil Corporation reported significant carbon emissions, with Scope 1 emissions totalling approximately 2,600,000,000 kg CO2e. This data is cascaded from their parent company, Diversified Energy Company PLC, reflecting the corporation's operational impact on global greenhouse gas emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025. This target is part of a broader strategy that also includes a commitment to reduce Scope 2 emissions to near zero within the same timeframe. Both initiatives are classified as net zero targets and demonstrate the corporation's proactive approach to addressing climate change. As a current subsidiary of Diversified Energy Company PLC, Diversified Gas & Oil Corporation aligns its climate strategies with those of its parent, reinforcing its commitment to sustainability and responsible environmental stewardship.
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| 2019 | |
|---|---|
| Scope 1 | 2,600,000,000 |
| Scope 2 | - |
| Scope 3 | - |
How Carbon Intensive is Diversified Gas & Oil Corporation's Industry?
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Diversified Gas & Oil Corporation'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.
Diversified Gas & Oil Corporation 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.
