Eog Resources Sustainability Profile
EOG Resources, Inc., a leading independent oil and natural gas company, is headquartered in the United States, with significant operations across the Permian Basin, Eagle Ford, and other key regions. Founded in 1999, EOG has established itself as a pioneer in the exploration and production sector, focusing on the development of unconventional resources. The company is renowned for its innovative approach to drilling and completion techniques, which enhance efficiency and reduce costs. EOG's core offerings include crude oil, natural gas liquids, and natural gas, positioning it as a formidable player in the energy market. With a commitment to sustainable practices and technological advancement, EOG Resources has achieved notable milestones, including consistent production growth and a strong financial performance, solidifying its reputation as a top-tier energy provider.
DitchCarbon Score
How does Eog Resources'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 Electricity Transmission 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
Eog Resources's score of 26 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eog Resources's reported carbon emissions
In 2023, Eog Resources, headquartered in the US, reported significant carbon emissions, with Scope 1 emissions totalling approximately 5,697,000,000 kg CO2e and Scope 2 emissions at about 393,853,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for this year. For the previous year, 2022, Eog Resources reported Scope 1 emissions of approximately 5,100,000,000 kg CO2e, Scope 2 emissions of about 400,000,000 kg CO2e, and Scope 3 emissions related to the use of sold products amounting to approximately 110,300,000,000 kg CO2e. This indicates a consistent level of emissions across the years, with no specific reduction targets or initiatives outlined in their recent disclosures. Eog Resources has not established any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, reflecting a lack of publicly stated commitments to reduce their carbon footprint. The absence of specific reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while Eog Resources has provided detailed emissions data, the lack of reduction targets and initiatives indicates a potential area for improvement in their climate commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 5,400,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000,000 |
How Carbon Intensive is Eog Resources's Industry?
How Carbon Intensive is Eog Resources's Location?
Eog Resources's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Eog Resources'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.
Eog Resources has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
