Laredo Petroleum Sustainability Profile
Laredo Petroleum, Inc., a prominent player in the oil and gas industry, is headquartered in the United States, with significant operations primarily in the prolific Permian Basin. Founded in 2006, the company has established itself as a leader in exploration and production, focusing on the development of unconventional resources. Laredo Petroleum is renowned for its commitment to operational excellence and innovative techniques in drilling and completion. The company’s core services include the exploration, production, and marketing of crude oil, natural gas, and natural gas liquids, setting it apart through its strategic asset management and efficient resource utilisation. With a strong market position, Laredo Petroleum has achieved notable milestones, including substantial production growth and a robust portfolio of high-quality assets. Its dedication to sustainability and responsible resource development further enhances its reputation within the industry.
DitchCarbon Score
How does Laredo Petroleum'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 Petroleum Products 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
Laredo Petroleum's score of 23 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Laredo Petroleum's reported carbon emissions
Laredo Petroleum, headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures for kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Laredo Petroleum may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the industry increasingly prioritises sustainability, Laredo Petroleum's future climate commitments will be crucial for aligning with broader environmental goals.
How Carbon Intensive is Laredo Petroleum's Industry?
How Carbon Intensive is Laredo Petroleum's Location?
Laredo Petroleum'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.
Laredo Petroleum has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
