Laredo Petroleum

Sustainability Report and Carbon Intensity Rankings

Is Laredo Petroleum doing their part?

Their DitchCarbon score is 17

Laredo Petroleum has a DitchCarbon Score of 17 out of 100, indicating a low level of sustainability in its operations. This score suggests that the company has a high carbon intensity compared to more sustainable peers. Efforts to reduce emissions and improve sustainability practices are necessary for Laredo Petroleum to increase its score.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Laredo Petroleum operates within the energy generation and distribution industry, which has a carbon intensity ranking of high. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Laredo Petroleum, based in the United States, benefits from the country’s low carbon intensity rating, indicating a favorable environmental impact. This suggests that the company’s sustainability efforts are supported by the relatively clean energy profile of its location.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

13.44%

...this company is doing 13.44% worse in emissions than the industry average.

Laredo Petroleum, Inc., founded in 2006, is an independent energy company based in Tulsa, Oklahoma, operating within the energy generation and distribution industry. The company specializes in the acquisition, exploration, and development of oil and natural gas properties. Laredo Petroleum primarily focuses its operations in the Permian Basin of West Texas, where it also engages in the gathering of oil and liquids-rich natural gas.

emission intelligence's platform recommendations for Laredo Petroleum

Laredo Petroleum could reduce its emissions by 15% by investing in cleaner and more efficient machinery and equipment to enhance operational efficiency.

Bad news, Laredo Petroleum hasn't committed to SBTi goals yet

Laredo Petroleum has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company has not defined or announced clear goals for reducing greenhouse gas emissions in line with climate science.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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