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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 2024, 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).

California Resources has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
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c
0000000
Total Scope 2
Market-Based
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a
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c
0000000
Location-Based
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a
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b
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c
0000000
Total Scope 3
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a
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b
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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c
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Verified Sources Behind California Resources’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore California Resources’s data sources below and access millions more through our Disclosure Search.

a. California Resources's CDP Report sourced from company’s website 2025
a. California Resources's CDP Report sourced from company’s website 2025
b. California Resources's Sustainability Report 2023
b. California Resources's Sustainability Report 2023
c. California Resources's CDP Climate sourced from company’s website 2023
c. California Resources's CDP Climate sourced from company’s website 2023
d. California Resources's Sustainability Report 2022
d. California Resources's Sustainability Report 2022

Insights into California Resources's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCalifornia Resources amounted to4,768,748.05metric 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of California Resourcesincreased by 73.09%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

California Resources's Scope 1 Emissions Over Time

20192020202120222023202401.5 M3 M4.5 M6 MtCO2e-10%-2%-9%+3%+72%
  • Total Scope 1
  • Year-over-Year Change

What are California Resources's Scope 1 emissions?

In 2024, the total Scope 1 emissions of California Resources were 4,467,797.03 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has California Resources reduced its Scope 1 emissions over time?

Since 2019, California Resources's Scope 1 emissions have increased by 41.25%, reflecting a rising long-term trend in Scope 1 emissions over time.ad

Compared to the previous year(2023), California Resources's Scope 1 emissions increased by 71.64%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are California Resources's Scope 2 emissions?

In 2024, California Resources reported Scope 2 greenhouse gas (GHG) emissions of 304,470.78 tCOâ‚‚e using the market-based method and 300,951.02 tCOâ‚‚e using the location-based method.a

Has California Resources reduced its Scope 2 emissions over time?

Since 2019, California Resources's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 21.84%, reflecting a rising long-term trend in Scope 2 emissions over time.ad

Compared to the previous year(2023), California Resources's Scope 2 emissions(Location-Based) rose by 97.99% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does California Resources use for Scope 2 reporting?

In 2024, California Resources reported its Scope 2 emissions using the market-based method and using the location-based method.a

California Resources's Scope 2 Emissions Over Time

201920202021202220232024080 k160 k240 k320 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into California Resources's Value Chain Emissions

In 2024, California Resources reported 28,924,407 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of California Resources includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

California Resources's Scope 3 Emissions Over Time

20192020202120222023202407.5 M15 M22.5 M30 MtCO2e-8%-10%-3%-5%+96%
  • Total Scope 3
  • Year-over-Year Change

What are California Resources's Scope 3 emissions?

In 2024, California Resources reported total Scope 3 emissions of 28,924,407 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 8.18%of these emissions originated from upstream activities such as purchased goods and capital goods, while 91.82%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has California Resources reduced its Scope 3 emissions over time?

Since 2019, California Resources's Scope 3 emissionshave increased by 48.93%, reflecting a rising long-term trend in Scope 3 emissions over time.ad

Compared to the previous year (2023), California Resources's Scope 3 emissions increased by 96.11%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does California Resources disclose?

In 2024, California Resources reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of California Resources's Scope 3 emissions?

In 2024, the largest contributors to California Resources's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 24,504,658 tCOâ‚‚e(84.72%)
  • Processing of Sold Products (Cat. 10): 2,052,981 tCOâ‚‚e(7.1%)
  • Fuel- and Energy-Related Services (Cat. 3): 967,222 tCOâ‚‚e(3.34%)

California Resources's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(7.1%)Fuel- andEnergy-RelatedServices (Cat. 3)(3.3%)Use of Sold Products(Cat. 11)(84.7%)

Insights into California Resources’s GHG Emissions Intensity Compared to Industry Peers

In 2024, California Resources reported Scope 1 greenhouse gas (GHG) emissions of 4,467,797.03 tCOâ‚‚e and total revenues of USD 2,931 millions. This translates into an emissions intensity of 1,524.33 tCOâ‚‚e per millions USD.a

California Resources's Scope 1 Emissions Intensity Compared to Peers

1050020,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)Kosmos EnergyYear: 2024Scope 1: 14,031 tCO2eRevenue: $M 1,675Scope 1 Intensity: 8.37 tCO2e/$MCrescent EnergyYear: 2023Scope 1: 1,685,913 tCO2eRevenue: $M 2,383Scope 1 Intensity: 707.59 tCO2e/$MTalos EnergyYear: 2024Scope 1: 894,810 tCO2eRevenue: $M 1,974Scope 1 Intensity: 453.40 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MComstock ResourcesYear: 2024Scope 1: 328,836 tCO2eRevenue: $M 1,254Scope 1 Intensity: 262.32 tCO2e/$MEQT CorpYear: 2024Scope 1: 661,557 tCO2eRevenue: $M 5,222Scope 1 Intensity: 126.68 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MHessYear: 2024Scope 1: 2,000,000 tCO2eRevenue: $M 12,896Scope 1 Intensity: 155.09 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MCNX ResourcesYear: 2024Scope 1: 484,380 tCO2eRevenue: $M 1,439Scope 1 Intensity: 336.56 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$MDiamondback EnergyYear: 2024Scope 1: 2,776,675 tCO2eRevenue: $M 11,023Scope 1 Intensity: 251.90 tCO2e/$MNorthern Oil and GasYear: 2024Scope 1: 17 tCO2eRevenue: $M 2,154Scope 1 Intensity: 0.01 tCO2e/$MOccidental PetroleumYear: 2024Scope 1: 17,900,000 tCO2eRevenue: $M 26,725Scope 1 Intensity: 669.78 tCO2e/$MOvintivYear: 2024Scope 1: 4,669,988 tCO2eRevenue: $M 9,152Scope 1 Intensity: 510.27 tCO2e/$MPermian ResourcesYear: 2024Scope 1: 2,293,371 tCO2eRevenue: $M 5,001Scope 1 Intensity: 458.61 tCO2e/$MMurphy OilYear: 2024Scope 1: 986,645 tCO2eRevenue: $M 3,019Scope 1 Intensity: 326.86 tCO2e/$MAPA Corp (US)Year: 2024Scope 1: 6,225,000 tCO2eRevenue: $M 9,737Scope 1 Intensity: 639.31 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MEOG ResourcesYear: 2024Scope 1: 6,000,000 tCO2eRevenue: $M 23,378Scope 1 Intensity: 256.65 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MCivitas ResourcesYear: 2024Scope 1: 2,168,900 tCO2eRevenue: $M 5,202Scope 1 Intensity: 416.90 tCO2e/$MMatador ResourcesYear: 2024Scope 1: 1,368,227 tCO2eRevenue: $M 3,479Scope 1 Intensity: 393.29 tCO2e/$MCalifornia ResourcesYear: 2024Scope 1: 4,467,797 tCO2eRevenue: $M 2,931Scope 1 Intensity: 1,524.33 tCO2e/$M

How does California Resources's GHG emissions intensity compare to its peers?

In 2024, California Resources reported a Scope 1 emissions intensity of 1,524.33 tCOâ‚‚e per millions USD. Compared to the peer group median of 326.86, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does California Resources rank on GHG emissions intensity within its industry?

In 2024, California Resources ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places California Resources among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into California Resources's Total Carbon Footprint

In 2024, California Resources reported a total carbon footprint of 33,693,155.05 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 92.49% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to California Resources's total carbon footprint was Scope 3 emissions, accounting for 85.85% of the company's total carbon footprint, followed by Scope 1 emissions at 13.26%.a

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