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.
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.
Industry Benchmark
Eog Resources's score of 30 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eog Resources's reported carbon emissions
In 2023, Eog Resources, headquartered in the US, reported total carbon emissions of approximately 57,000,000 kg CO2e for Scope 1, 400,000 kg CO2e for Scope 2, and about 118,000,000,000 kg CO2e for Scope 3 emissions. This indicates a significant reliance on upstream emissions, particularly from the use of sold products. Over the years, Eog Resources has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported Scope 1 emissions of about 51,000,000 kg CO2e and Scope 2 emissions of 400,000 kg CO2e, alongside a substantial Scope 3 total of approximately 110,300,000,000 kg CO2e. The company has made strides in improving its GHG intensity rates, with a reported Scope 1 GHG intensity rate of 14,000 kg CO2e per tonne in 2022. Despite these figures, Eog Resources has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction targets suggests a need for further commitment to climate action within the industry context. Overall, while Eog Resources has made progress in tracking and reporting emissions, the lack of explicit reduction strategies may limit its effectiveness in addressing climate change challenges.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 5,400,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
