- A majority of wellhead sites are exposed to physical climate-related risks (cold wave, tornado, wildfire).
- The most relevant transition risk is legal hurdles to exploration and production activities, increasing associated costs.
- Indirect environmental impacts are much greater than direct impacts due to the company's non-operated business model.
Northern Oil and Gas, Inc.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Northern Oil and Gas, Inc. disclosed greenhouse gas emissions of 13.0M tCO2e. By scope: Scope 1: 8.3 tCO2e; Scope 2: 180.7 tCO2e; Scope 3: 13.0M tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
13.0M tCO2e
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 8.3 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 180.7 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 13.0M tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Completed a full Scope 1 and Scope 2 emissions inventory for 2022.
- Conducted a Scope 3 screening of 2022 activities to understand emissions impact throughout the value chain.
- Implemented environmental initiatives at headquarters, including LED lighting and recycling stations.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 75% reduction in Scope 1 and Scope 2 net emissions by 2025 from the 2022 baseline year.
🌱 ESG Focus Areas
Climate ChangeDiversityGovernanceCommunity ImpactHuman Rights