Medallion Midstream
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 84% 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 about 3,085,000 kg CO2e from Scope 1 and about 27,516,000 kg CO2e from Scope 2 emissions. This represents a slight increase from 2022, where total emissions were about 27,282,000 kg CO2e, with Scope 1 at approximately 2,557,000 kg CO2e and Scope 2 at about 24,725,000 kg CO2e. The company has consistently disclosed its emissions data for Scope 1 and Scope 2 over the past several years, with emissions in 2021 recorded at about 28,028,000 kg CO2e, and in 2020 at approximately 29,639,000 kg CO2e. Notably, the emissions intensity for Scope 1 and Scope 2 combined has shown a gradual decrease, from 0.00015 kg CO2e per BOE in 2020 to 0.0001131 kg CO2e per BOE in 2023. Despite these figures, Medallion Midstream has not established specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company remains focused on transparency in emissions reporting, which is crucial for stakeholders monitoring climate impact in the midstream sector.
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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 | - | - | - | - | - | - |
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.
Medallion Midstream 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.
