Laredo Petroleum
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 61% 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 provide specific carbon emissions data for the most recent year, as no emissions figures are available. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of publicly available information on emissions and commitments suggests that Laredo Petroleum may still be in the early stages of developing a comprehensive climate strategy. In the context of the oil and gas industry, companies are increasingly expected to set ambitious targets for reducing greenhouse gas emissions across all scopes, particularly Scope 1 and 2 emissions, which pertain to direct and indirect emissions from their operations. As the industry evolves, Laredo Petroleum's future commitments and actions will be crucial in addressing climate change and aligning with global sustainability goals.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Laredo Petroleum is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
