Vital Energy

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2024🗂️ Report periods on file: 2024, 2022, 2020, 2019

In its 2024 reporting, Vital Energy disclosed greenhouse gas emissions of 663.0K tCO2e/year (Scope 1 in 2023). By scope: Scope 1: 663.0K tCO2e/year (2023); Scope 2: 420.4K tCO2e/year (2023); Scope 3: 27.3M tCO2e/year (2023). 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
663.0K tCO2e/year (Scope 1 in 2023)
2024
💧
Water Usage
0 m3/year (freshwater consumed in 2023)
2024
⚙️
Energy Use
548.6M kWh/year (electricity consumed in 2023)
2024

📊 Emissions by Scope (2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).663.0K tCO2e/year (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.420.4K tCO2e/year (2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).27.3M tCO2e/year (2023)

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
2024663.0K tCO2e/year (Scope 1 in 2023)
2022452.1K tCO2e/year (Scope 1)
2020609.7K tCO2e/year
2019519.7K tCO2e/year (Scope 1)

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 Scope 1 GHG emissions intensity to below 12.5 mtCO2e/MBOE by 2025 (Achieved)
  • Reduce methane emissions to below 0.20% (mCH4/MCF) by 2025 (Achieved)
  • Eliminate routine flaring by 2025
  • Use 50% recycled water for completion operations by 2025

📅 Medium-term

  • Reduce combined Scope 1 and 2 GHG emissions intensity to below 10.0 mtCO2e/MBOE by 2030

🌱 ESG Focus Areas

Climate ChangeWater ManagementBiodiversityHuman RightsCommunity RelationsWorkforce Health and SafetyBusiness EthicsGovernance

⚠️ Challenges & Risks +

  • Access to water in high baseline water stress areas (71% of operations)
  • Climate-related risks (policy and legal, technology, market, reputation, and physical risks)
  • Community concerns regarding dust, sound/noise, and increased traffic

📋 Report Information

Reporting Period: 2024
Frameworks: SASB, TCFD, Ipieca, AXPC, API
Assurance: Apex Companies LLC (limited assurance for 2023)