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 GHG Emissions Data Preview

In 2023, California Resources completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

However, California Resources has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into California Resources's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of California Resources amounted to 2,755,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of California Resources decreased by 0.31%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

California Resources's Scope 1 Emissions Over Time

2018201920202021202220230900 k1.8 M2.7 M3.6 MtCO2e-10%-10%-2%-9%+3%
  • Total Scope 1
  • Year-over-Year Change

What are California Resources's Scope 1 emissions?

In 2023, the total Scope 1 emissions of California Resources were 2,603,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has California Resources reduced its Scope 1 emissions over time?

Since 2018, California Resources's Scope 1 emissions have decreased by 25.63%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), California Resources's Scope 1 emissions increased by 3.41%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are California Resources's Scope 2 emissions?

In 2023, California Resources reported Scope 2 greenhouse gas (GHG) emissions of 152,000 tCOâ‚‚e using the location-based method.

Has California Resources reduced its Scope 2 emissions over time?

Since 2018, California Resources's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 37.7%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), California Resources's Scope 2 emissions (Location-Based) fell by 38.28% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does California Resources use for Scope 2 reporting?

In 2023, California Resources reported its Scope 2 emissions using the location-based method.

California Resources's Scope 2 Emissions Over Time

201820192020202120222023080 k160 k240 k320 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into California Resources's Value Chain Emissions

In 2023, California Resources reported 14,749,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of California Resources includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

California Resources's Scope 3 Emissions Over Time

20182019202020212022202305.5 M11 M16.5 M22 MtCO2e-4%-12%-7%-3%-5%
  • Total Scope 3
  • Year-over-Year Change

What are California Resources's Scope 3 emissions?

In 2023, California Resources reported total Scope 3 emissions of 14,749,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has California Resources reduced its Scope 3 emissions over time?

Since 2018, California Resources's Scope 3 emissions have decreased by 26.79%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), California Resources's Scope 3 emissions remained relatively stable, indicating that California Resources 's emissions have plateaued with no significant change in its value chain footprint.

Insights into California Resources's Total Carbon Footprint

In 2023, California Resources reported a total carbon footprint of 17,504,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.13% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to California Resources's total carbon footprint was Scope 3 emissions, accounting for 84.26% of the company's total carbon footprint, followed by Scope 1 emissions at 14.87%.

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