St. Mary Land & Exploration Co., commonly referred to as St. Mary, is a prominent player in the oil and gas industry, headquartered in the United States. Founded in 2003, the company has established a strong presence in key operational regions, including the Rocky Mountain and Gulf Coast areas. Specialising in the exploration and production of oil and natural gas, St. Mary is recognised for its commitment to sustainable practices and innovative extraction techniques. The company’s core services include the development of oil and gas reserves, with a focus on maximising resource recovery while minimising environmental impact. With a solid market position, St. Mary has achieved significant milestones, including strategic acquisitions that have bolstered its asset portfolio. This dedication to growth and sustainability sets St. Mary Land & Exploration Co. apart in a competitive landscape.
How does St. Mary Land & Exploration Co.'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.
St. Mary Land & Exploration Co.'s score of 4 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, St. Mary Land & Exploration Co. reported significant carbon emissions, with Scope 1 emissions totalling approximately 454,500,000 kg CO2e, and Scope 2 emissions at about 103,126,000 kg CO2e. The combined total for Scope 1 and 2 emissions reached around 557,700,000 kg CO2e. Additionally, Scope 3 emissions included approximately 453,000 kg CO2e from business travel and 329,000 kg CO2e from employee commuting. For 2023, the company has not disclosed specific emissions data, indicating a lack of reported figures for Scope 1, 2, and 3 emissions. The absence of emissions data suggests that St. Mary Land & Exploration Co. may be in the process of enhancing its reporting practices or developing its climate strategy. The company has not set specific reduction targets or initiatives, as indicated by the lack of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). This positions St. Mary Land & Exploration Co. within an industry context where many peers are increasingly adopting ambitious climate commitments. Overall, while the company has reported substantial emissions in previous years, its current climate commitments and future reduction strategies remain unclear.
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.
St. Mary Land & Exploration Co. is not participating in any 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.