Earthstone Energy, Inc. Sustainability Profile
Earthstone Energy, Inc., a prominent player in the oil and gas industry, is headquartered in the United States, with significant operations in the Permian Basin and the Eagle Ford Shale. Founded in 2007, the company has achieved notable milestones, including strategic acquisitions that have expanded its asset base and production capabilities. Specialising in the exploration and production of oil and natural gas, Earthstone Energy distinguishes itself through its commitment to operational efficiency and sustainable practices. The company’s core offerings include a diverse portfolio of oil and gas assets, which are underpinned by advanced technology and innovative extraction techniques. With a strong market position, Earthstone Energy has garnered recognition for its robust growth and dedication to maximising shareholder value, making it a key player in the evolving energy landscape.
DitchCarbon Score
How does Earthstone Energy, Inc.'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
Earthstone Energy, Inc.'s score of 17 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Earthstone Energy, Inc. does not report specific carbon emissions figures, indicating a lack of publicly disclosed emissions data. The company is classified as a merged entity, inheriting performance data from its parent organisation, Permian Resources Corporation. However, no specific emissions metrics or reduction targets have been provided. Earthstone Energy, Inc. has not outlined any formal climate commitments or reduction initiatives, such as Science-Based Targets (SBTi) or other industry-standard climate pledges. The absence of documented reduction targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the current context, Earthstone Energy, Inc. appears to be focusing on establishing its climate commitments and emissions reporting framework, which is essential for aligning with industry standards and addressing climate change effectively.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 772,063,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 39,838,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Earthstone Energy, Inc.'s Industry?
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Earthstone Energy, Inc.'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.
Earthstone Energy, Inc. 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.
