Medallion Midstream Sustainability Profile
Medallion Midstream, a prominent player in the midstream energy sector, is headquartered in the United States, with significant operations across key regions. Founded in 2013, the company has rapidly established itself as a leader in providing integrated midstream services, focusing on crude oil transportation and logistics. Medallion Midstream's core offerings include a robust pipeline network and terminal facilities, designed to facilitate efficient and reliable energy distribution. What sets the company apart is its commitment to operational excellence and customer-centric solutions, ensuring seamless service delivery in a competitive market. With a strong market position, Medallion Midstream has achieved notable milestones, including strategic partnerships and expansions that enhance its service capabilities. As the energy landscape evolves, Medallion Midstream continues to innovate, solidifying its reputation as a trusted partner in the midstream industry.
DitchCarbon Score
How does Medallion Midstream'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 Business Services 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
Medallion Midstream's score of 29 is higher 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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Medallion Midstream's reported carbon emissions
In 2023, Medallion Midstream reported total greenhouse gas emissions of approximately 30,601,000 kg CO2e, comprising 3,085,000 kg CO2e from Scope 1 and 27,516,000 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2022, when total emissions were about 27,282,000 kg CO2e, with Scope 1 at 2,557,000 kg CO2e and Scope 2 at 24,725,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Despite the increase in emissions, Medallion Midstream has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, ONEOK, Inc., which may influence its overall climate strategy. Medallion Midstream's emissions intensity for 2023 was reported at 0.0001131 kg CO2e per barrel of oil equivalent (BOE), showing a marginal increase from 0.0001117 kg CO2e per BOE in 2022. The company continues to operate within the mineral fuels and oils sector, where emissions management is critical for aligning with industry standards and climate commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,672,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 15,097,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Medallion Midstream's Industry?
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Medallion Midstream'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.
Medallion Midstream 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.
