Viper Energy, Inc.
Viper Energy, Inc., a prominent player in the energy sector, is headquartered in the United States, with significant operations primarily in the Permian Basin. Founded in 2014, the company has rapidly established itself as a leader in the acquisition and development of oil and natural gas properties, focusing on high-quality assets that drive sustainable growth. Specialising in the exploration and production of hydrocarbons, Viper Energy distinguishes itself through its strategic partnerships and innovative approaches to resource management. The company’s unique business model, which emphasises low-cost operations and efficient capital deployment, has positioned it favourably within the competitive landscape of the energy industry. With a commitment to operational excellence, Viper Energy continues to achieve notable milestones, reinforcing its status as a key contributor to the energy market.
DitchCarbon Score
How does Viper Energy, Inc.'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
Viper Energy, Inc.'s score of 9 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Viper Energy, Inc.'s reported carbon emissions
In 2022, Viper Energy, Inc. reported total carbon emissions of approximately 573,291 kg CO2e across all scopes. This includes Scope 1 emissions of about 573,291 kg CO2e, which represent direct emissions from owned or controlled sources. Scope 2 emissions, also at approximately 573,291 kg CO2e, pertain to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Notably, Scope 3 emissions totalled about 573,291 kg CO2e, with significant contributions from business travel (approximately 395,695 kg CO2e) and purchased goods and services (around 117,419 kg CO2e). Despite the comprehensive emissions data, Viper Energy has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of formal climate pledges or science-based targets suggests that the company may still be in the early stages of developing a structured approach to climate commitments. As the industry increasingly prioritises sustainability, Viper Energy's future strategies will be crucial in addressing climate change and reducing overall emissions.
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| 2022 | |
|---|---|
| Scope 1 | 573,290.58 |
| Scope 2 | 573,290.58 |
| Scope 3 | 573,290.58 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Viper Energy, Inc. 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.
