California Resources Corp

Common Name
California Resources
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
1,550
Ticker
CRC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
California Resources Corporation is an independent oil and natural gas exploration and production company. As a key player within the energy sector, it focuses on the extraction of crude oil, natural ...

California Resources's Climate Target Data Preview

As of 2024, California Resources has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into California Resources ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind California Resources’s Climate Targets Data

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a. California Resources's CDP Climate sourced from company’s website 2024
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Insights into California Resources's Greenhouse Gas Emissions Pathways

As of 2024, California Resources has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does California Resources have a target to reduce the emissions from its operations?

As of 2024, California Resources has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

California Resources's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 109,200 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2023, California Resources is ahead of schedule on its operational emissions reduction target, having achieved 71.37% of the planned reduction. a

California Resources's Operational (Scope 1+2) Emissions Pathway

202020232030030 k60 k90 k120 kBaselineCurrent (-21%)
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