Public Profile

Eog Resources

EOG Resources, Inc., a leading independent oil and natural gas company, is headquartered in the United States, with significant operations across the Permian Basin, Eagle Ford, and other key regions. Founded in 1999, EOG has established itself as a pioneer in the exploration and production sector, focusing on the development of unconventional resources. The company is renowned for its innovative approach to drilling and completion techniques, which enhance efficiency and reduce costs. EOG's core offerings include crude oil, natural gas liquids, and natural gas, positioning it as a formidable player in the energy market. With a commitment to sustainable practices and technological advancement, EOG Resources has achieved notable milestones, including consistent production growth and a strong financial performance, solidifying its reputation as a top-tier energy provider.

DitchCarbon Score

How does Eog Resources'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.

27

Industry Average

Mean score of companies in the Electricity Transmission 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.

1

Industry Benchmark

Eog Resources's score of 27 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Eog Resources's reported carbon emissions

In 2023, Eog Resources reported total carbon emissions of approximately 5700000000 kg CO2e for Scope 1, 400000000 kg CO2e for Scope 2, and a significant 118000000000 kg CO2e for Scope 3 emissions. This indicates a continued reliance on fossil fuel production, with Scope 3 emissions primarily arising from the use of sold products. Over the years, Eog Resources has shown fluctuations in its emissions. For instance, in 2022, the company recorded approximately 5100000000 kg CO2e in Scope 1 emissions and 400000000 kg CO2e in Scope 2, alongside an enormous 110300000000 kg CO2e in Scope 3 emissions. The trend suggests a need for enhanced strategies to manage and reduce these emissions effectively. Despite the substantial emissions figures, Eog Resources 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 challenges in addressing climate change while maintaining operational profitability. Eog Resources operates within a sector that is increasingly scrutinised for its environmental impact, highlighting the importance of transparent climate strategies and commitments to reduce carbon footprints in line with global climate goals.

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20162017201820192020202120222023
Scope 1
20,900,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
11,500,000
0,000,000
00,000,000
-
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
4,700,000
0,000,000
0,000,000
-
-
-
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Eog Resources's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Eog Resources is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Eog Resources is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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