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 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.
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Summit Midstream Corp's reported carbon emissions
In 2023, Summit Midstream Corp reported total carbon emissions of approximately 612,385,070 kg CO2e, comprising about 484,680,120 kg CO2e from Scope 1 and about 127,704,950 kg CO2e from Scope 2 emissions. This marks a notable increase from 2022, where emissions were approximately 537,424,810 kg CO2e, with Scope 1 emissions at about 383,295,840 kg CO2e and Scope 2 emissions at about 154,128,970 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 context of the energy sector, where emissions management and climate commitments are increasingly scrutinised.
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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 | - | - | - | - | - |
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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.
