Vital Energy, headquartered in the United States, is a leading player in the renewable energy sector, specialising in innovative energy solutions. Founded in 2001, the company has made significant strides in the industry, focusing on sustainable energy production and distribution across major operational regions in North America. With a commitment to clean energy, Vital Energy offers a range of core services, including solar power installations and energy efficiency consulting. Their unique approach combines cutting-edge technology with a customer-centric philosophy, setting them apart in a competitive market. Recognised for their contributions to sustainability, Vital Energy has achieved notable milestones, solidifying their position as a trusted name in the renewable energy landscape.
How does Vital Energy'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 Research Services 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.
Vital Energy's score of 41 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Vital Energy reported total carbon emissions of approximately 27,348,482,000 kg CO2e, with emissions distributed across various scopes: 663,046,000 kg CO2e for Scope 1, 203,376,000 kg CO2e for Scope 2, and 27,348,482,000 kg CO2e for Scope 3. This represents a significant increase in Scope 3 emissions compared to previous years, indicating a growing impact from their supply chain and product use. Vital Energy has made notable strides in reducing its emissions intensity. The company achieved a 65% reduction in Scope 1 and Scope 2 GHG emissions intensity, lowering it to below 12.5 mtCO2e/MBOE by 2022, compared to a 2019 baseline. This target was initially set for 2025 but was met ahead of schedule, showcasing their commitment to sustainability. Looking ahead, Vital Energy has committed to long-term net-zero targets across all scopes by 2050, aligning with industry standards for climate action. Their ongoing initiatives reflect a proactive approach to mitigating climate change impacts while addressing the challenges associated with their operational footprint.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,070,077,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 20,288,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 3 | 14,572,966,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Vital Energy is participating in some 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.