FCX Oil & Gas Inc. Sustainability Profile
FCX Oil & Gas Inc., a prominent player in the energy sector, is headquartered in the United States and operates extensively in key regions across North America. Founded in the early 2000s, the company has established itself as a leader in the oil and gas industry, focusing on exploration, production, and distribution of hydrocarbons. Specialising in both conventional and unconventional resources, FCX Oil & Gas Inc. offers a unique portfolio of services that includes drilling, reservoir management, and environmental solutions. The company is recognised for its commitment to sustainable practices and innovative technologies, which enhance operational efficiency and reduce environmental impact. With a strong market position, FCX Oil & Gas Inc. has achieved significant milestones, including strategic partnerships and successful project completions, solidifying its reputation as a reliable and forward-thinking entity in the oil and gas landscape.
DitchCarbon Score
How does FCX Oil & Gas 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
FCX Oil & Gas Inc.'s score of 34 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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FCX Oil & Gas Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Freeport-McMoRan Inc., which may influence its climate commitments and emissions reporting. While FCX Oil & Gas Inc. has not established its own reduction targets or climate pledges, it inherits relevant initiatives from its parent company, Freeport-McMoRan Inc. This includes commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). These initiatives aim to align corporate strategies with climate science and enhance transparency regarding environmental impact. As a subsidiary, FCX Oil & Gas Inc. may benefit from the sustainability practices and reduction strategies implemented by Freeport-McMoRan Inc., although specific details on these initiatives are not provided. The company is positioned within an industry increasingly focused on reducing carbon footprints and addressing climate change, reflecting a broader commitment to sustainability.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,040,012,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000 | 00,000 | 0,000,000,000 |
| Scope 2 | 4,007,548,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 561,821,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is FCX Oil & Gas Inc.'s Industry?
How Carbon Intensive is FCX Oil & Gas Inc.'s Location?
FCX Oil & Gas Inc.'s Scope 3 Categories Breakdown
FCX Oil & Gas Inc.'s Scope 3 emissions, which increased by 2% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 49% of Scope 3 emissions.
Top Scope 3 Categories
FCX Oil & Gas 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.
FCX Oil & Gas Inc. 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.
