Kimbell Royalty Partners, LP, headquartered in the United States, is a prominent player in the oil and gas industry, specialising in the acquisition and management of mineral and royalty interests. Founded in 2013, the company has rapidly established itself as a leader in the sector, focusing on key operational regions across the United States, particularly in areas rich in hydrocarbon resources. Kimbell Royalty Partners offers a unique portfolio of services that includes the acquisition of diverse mineral rights and the management of royalty interests, setting it apart from competitors. With a commitment to maximising value for its partners, the company has achieved significant milestones, including strategic acquisitions that enhance its market position. Kimbell's innovative approach and dedication to operational excellence have solidified its reputation as a trusted entity in the energy sector.
How does Kimbell Royalty Partners, LP'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.
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.
Kimbell Royalty Partners, LP's score of 6 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Kimbell Royalty Partners, LP reported significant carbon emissions totalling approximately 240,823,000 kg CO2e for Scope 1, 255,300,000 kg CO2e for Scope 2, and 262,959,000 kg CO2e for Scope 3 emissions. This brings their total emissions to about 758,082,000 kg CO2e. The majority of their Scope 3 emissions stem from purchased goods and services, amounting to the full Scope 3 total. Despite the substantial emissions figures, Kimbell Royalty Partners has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of defined climate commitments or reduction strategies suggests a need for further engagement in climate action within the industry context. As a company headquartered in the US, Kimbell Royalty Partners operates in a sector increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear climate commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2023 | |
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Scope 1 | 240,823,000 |
Scope 2 | 255,300,000 |
Scope 3 | 262,959,000 |
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.
Kimbell Royalty Partners, LP 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.