Diamondback Energy

Diamondback Energy's 2023 climate disclosures indicate Scope 1 emissions of approximately 1,757,044,000 kg CO2e, Scope 2 emissions of approximately 953,809,000 kg CO2e (location-based), and Scope 3 emissions from the use of sold products totalling approximately 52,453,762,000 kg CO2e. This US-based Gas/Diesel Oil company's total reported emissions for 2023 were not provided.

Looking back, in 2022, Diamondback Energy reported Scope 1 emissions of approximately 1,487,280,000 kg CO2e, Scope 2 emissions of approximately 674,087,000 kg CO2e (location-based), and Scope 3 emissions from the use of sold products of approximately 45,090,583,000 kg CO2e. For 2021, the company disclosed Scope 1 emissions of approximately 1,252,665,000 kg CO2e and Scope 2 emissions of about 528,224,000 kg CO2e. In 2020, Scope 1 emissions were approximately 1,192,556,000 kg CO2e, and Scope 2 emissions were about 281,020,000 kg CO2e. Prior to 2020, only Scope 1 emissions were reported, with 1,852,946,000 kg CO2e in 2019, 538,750,000 kg CO2e in 2018, 415,336,000 kg CO2e in 2017, and 174,413,000 kg CO2e in 2016.

Diamondback Energy has set several climate commitments. It aims to reduce its Scope 1 GHG intensity by at least 50% from 2019 levels by 2024. Additionally, it targets a 50% reduction in Scope 1 and 2 GHG intensity from 2020 levels by 2030. The company also has Science Based Targets initiative (SBTi) commitments, pledging to reduce absolute Scope 1 and 2 GHG emissions by 46% by 2030 from a 2019 base year. Furthermore, Diamondback Energy commits to reducing absolute Scope 3 GHG emissions from purchased goods and services and the use of sold products by 46% within the same timeframe, also from a 2019 base year. All climate data and commitments are directly from Diamondback Energy, Inc.