Ring Energy
Sustainability Report and Carbon Intensity Rankings
Is Ring Energy doing their part?
Their DitchCarbon score is 38
Ring Energy has a DitchCarbon Score of 38 out of 100, indicating a lower performance in sustainability measures. This score suggests that the company’s carbon intensity is relatively high, reflecting a need for improvement in reducing emissions. A higher score would demonstrate better management of carbon intensity and a stronger commitment to environmental sustainability.
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
Ring Energy is part of the energy generation and distribution industry, which has a carbon intensity ranking of low. 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
Ring Energy, located in the United States, benefits from a low carbon intensity rating in the region, which positively impacts the sustainability of their operations. The company’s location in an area with low carbon intensity suggests that their energy consumption is associated with fewer carbon emissions.
Unlock 30+ emissions data points on Ring Energy
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Ring Energy
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
7.56%
...this company is doing 7.56% better in emissions than the industry average.
Ring Energy, Inc., founded in 2012, is an oil and gas company headquartered in Midland, Texas, operating primarily within the energy generation and distribution industry. The company focuses on the exploration, development, and production of oil and gas, with operations extending across Texas and Kansas. Ring Energy is committed to growing its proven reserves and maintaining positive cash flow, leveraging over 100 years of combined industry experience and modern technology to build a successful energy program.
emission intelligence's platform recommendations for Ring Energy
Ring Energy should undertake a thorough inventory of all Scope 1 emissions sources to identify and implement energy efficiency measures and transition to low-carbon or renewable energy sources, which could potentially reduce their emissions by 15%.
Good news, Ring Energy has made solid SBTi commitments
Ring Energy has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions. This commitment aligns the company’s environmental strategy with the goals of the Paris Agreement to limit global warming.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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