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EOG Resources, Inc., a prominent player in the transmission services of electricity sector, is headquartered in the United States. Founded in 1999, the company has established itself as a leader in the energy industry, focusing on the efficient transmission of electricity across major operational regions in North America.
EOG Resources is renowned for its innovative approach to energy solutions, offering a range of services that ensure reliable and sustainable electricity transmission. The company’s commitment to utilising advanced technology and infrastructure sets it apart in a competitive market.
With a strong market position, EOG Resources has achieved significant milestones, including recognition for its operational excellence and contributions to energy sustainability. As a trusted name in the industry, EOG Resources continues to drive advancements in electricity transmission, making a lasting impact on the energy landscape.
-13 vs industry average
Eog Resources’s score of 14 is lower than 30% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity Transmission is among the most carbon-intensive industries
The Electricity Transmission industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
EOG Resources reported its most recent Scope 1, 2, and 3 emissions for 2022. The company's Scope 1 emissions were 5.1 billion kg CO2e, with 20 million kg CO2e from fugitive emissions and 4.3 billion kg CO2e from stationary combustion. Scope 2 emissions for the same year were 400 million kg CO2e, and Scope 3 emissions, specifically from the use of sold products, totalled 110.3 billion kg CO2e. In 2021, EOG Resources' Scope 1 emissions were 5 billion kg CO2e, including 50 million kg CO2e from fugitive emissions and 4.1 billion kg CO2e from stationary combustion, while Scope 2 emissions were 400 million kg CO2e. For 2020, Scope 1 emissions were 4.5 billion kg CO2e, with 100 million kg CO2e attributed to fugitive emissions and 3.6 billion kg CO2e to stationary combustion. Scope 2 emissions in 2020 were 400 million kg CO2e. In 2019, Scope 1 emissions were 5.4 billion kg CO2e, comprising 200 million kg CO2e from fugitive emissions and 4 billion kg CO2e from stationary combustion. The company's 2018 Scope 1 emissions were also 5.4 billion kg CO2e, with 400 million kg CO2e from fugitive emissions and 3.6 billion kg CO2e from stationary combustion.
EOG Resources has committed to reaching net-zero Scope 1 and Scope 2 greenhouse gas emissions by 2040.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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