Civitas Resources Inc

Common Name
Civitas Resources
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
655
Ticker
CIVI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Civitas Resources Inc. is a prominent player in the oil and natural gas industry, specializing in the acquisition, exploration, development, and production of energy resources. As a major oil and gas ...

Civitas Resources's Climate Target Data Preview

As of 2024, Civitas Resources has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based target 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 Civitas Resources ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Not Specified
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Not Specified
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities
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2029
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 Civitas Resources's Greenhouse Gas Emissions Pathways

As of 2024, Civitas 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.

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

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

Civitas Resources's most ambitious operational target is to reduce these emissions by 40% by 2030, compared to a baseline of 1,920,131.32 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.

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

202320300500 k1 M1.5 M2 MBaselineTarget 2030 (-40%)
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