Summit Midstream Corp Sustainability Profile
Summit Midstream Corporation, commonly referred to as Summit Midstream, is a prominent player in the midstream energy sector, headquartered in the United States. Founded in 2012, the company has established a strong presence in key operational regions, including the Bakken Shale and the Appalachian Basin. Specialising in natural gas gathering and processing, Summit Midstream offers unique services that enhance the efficiency of energy transportation and distribution. The company is recognised for its commitment to operational excellence and safety, positioning itself as a reliable partner in the energy supply chain. With a focus on sustainable practices and innovative solutions, Summit Midstream has achieved significant milestones, solidifying its reputation as a leader in the midstream industry.
DitchCarbon Score
How does Summit Midstream Corp'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
Summit Midstream Corp's score of 10 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Summit Midstream Corp's reported carbon emissions
In 2023, Summit Midstream Corp reported total emissions of approximately 612.4 million kg CO2e, comprising 484.7 million kg CO2e from Scope 1 and 127.7 million kg CO2e from Scope 2. This marks a notable increase from 2022, where total emissions were approximately 537.4 million kg CO2e, with Scope 1 emissions at 383.3 million kg CO2e and Scope 2 at 154.1 million kg CO2e. The company has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. There are no reported climate pledges or SBTi (Science Based Targets initiative) targets, indicating a lack of formalised reduction strategies at this time. Summit Midstream's emissions data is not cascaded from any parent organisation, and all figures are sourced directly from their own reporting. The company continues to operate within the oil and gas sector, which is under increasing scrutiny for its environmental impact, highlighting the importance of future commitments to emissions reduction.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 262,664,500 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Summit Midstream Corp's Industry?
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Summit Midstream Corp'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.
Summit Midstream Corp 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.
DCP Midstream, LP
Antero Midstream Partners LP
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