Gastar Exploration Inc. Sustainability Profile
Gastar Exploration Inc., a prominent player in the oil and gas industry, is headquartered in the United States. Founded in 2006, the company has established itself as a key operator in the exploration and production of natural gas and oil, primarily focusing on the Appalachian Basin and other strategic regions. Gastar Exploration is renowned for its innovative approach to resource extraction, utilising advanced technologies to enhance operational efficiency and environmental sustainability. The company’s core services include the exploration, development, and production of hydrocarbons, with a commitment to maximising shareholder value while adhering to best practices in safety and environmental stewardship. With a strong market position, Gastar has achieved significant milestones, including successful drilling programmes and strategic partnerships that bolster its competitive edge in the energy sector.
DitchCarbon Score
How does Gastar Exploration 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
Gastar Exploration Inc.'s score of 3 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gastar Exploration Inc.'s reported carbon emissions
Gastar Exploration Inc., headquartered in the US, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the company has not established any documented reduction targets or climate pledges, indicating a lack of formal commitments towards addressing climate change at this time. As there is no emissions data or reduction initiatives reported, it is unclear how Gastar Exploration Inc. aligns with industry standards for carbon management. The absence of specific targets or commitments may suggest that the company is still in the early stages of developing a comprehensive climate strategy. In the context of the energy sector, companies are increasingly expected to adopt science-based targets and transparent reporting practices to mitigate their environmental impact. Without such measures, Gastar Exploration Inc. may face challenges in meeting future regulatory requirements and stakeholder expectations regarding sustainability and climate action.
How Carbon Intensive is Gastar Exploration Inc.'s Industry?
How Carbon Intensive is Gastar Exploration Inc.'s Location?
Gastar Exploration 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.
Gastar Exploration 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.
