Civitas Resources, Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, Civitas Resources, Inc. disclosed greenhouse gas emissions of 1.9M tCO2e/year. By scope: Scope 1: 1.9M tCO2e/year; Scope 2: 126.0K tCO2e/year. 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
1.9M tCO2e/year
2023
💧
Water Usage
18.0K m3/year
2023
⚙️
Energy Use
274.6K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.9M tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.126.0K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20231.9M tCO2e/year
20221.3M tCO2e/year
20211.3M tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce pneumatic emissions by 80% by 2025 (Rockies BU)
  • Achieve zero routine flaring in Permian BU by 2030

📅 Medium-term

  • Reduce absolute Scope 1 GHG emissions by 40% by 2030
  • Reduce pneumatic emissions by 65% by 2030 (Permian BU)

🔭 Long-term

  • Maintain Scope 1 and Scope 2 carbon neutrality

🌱 ESG Focus Areas

Air emissionsAsset integrityBoard compositionBusiness ethics and transparencyCompany cultureEmergency response and preparednessEmployee welfareGreenhouse Gas (GHG) emissionsHealth and safetyManagement of legal and regulatory environment

⚠️ Challenges & Risks +

  • Supply chain disruptions
  • Integration of acquired assets' ESG datasets
  • Maintaining carbon neutrality with company growth
  • Managing climate-related risks (transition and physical)

📋 Report Information

Reporting Period: 2023
Frameworks: SASB, TCFD, AXPC ESG Metrics Framework