Montage Resources Corporation Sustainability Profile
Montage Resources Corporation, a prominent player in the energy sector, is headquartered in the United States, with significant operations in the Appalachian Basin. Founded in 2017, the company has quickly established itself in the oil and natural gas industry, focusing on the exploration and production of hydrocarbons. Montage Resources is renowned for its commitment to operational excellence and sustainable practices, offering a diverse portfolio of services that includes drilling, completion, and production optimisation. The company’s strategic approach to resource management and innovative technologies sets it apart in a competitive market. With a strong emphasis on safety and environmental stewardship, Montage Resources has achieved notable milestones, positioning itself as a leader in the industry. Its dedication to maximising shareholder value while minimising ecological impact underscores its reputation as a responsible energy provider.
DitchCarbon Score
How does Montage Resources Corporation'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
Montage Resources Corporation's score of 7 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Montage Resources Corporation, headquartered in the US, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of reported figures in kg CO2e. The company is identified as a merged entity, inheriting its emissions data and climate commitments from Southwestern Energy Company, which is at a cascade level of 1. As of now, Montage Resources Corporation has not established any documented reduction targets or climate pledges. This lack of specific initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the industry, it is essential for companies like Montage Resources to adopt robust climate commitments and reduction targets to align with global efforts to mitigate climate change. The absence of specific emissions data and reduction initiatives highlights an opportunity for the company to enhance its environmental accountability and transparency.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 1,057,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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Montage Resources Corporation'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.
Montage Resources Corporation 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.
