In 2024, Civitas 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).
However, Civitas Resources has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,168,900a | 2,300,000a | 1,250,800c | |
Total Scope 2 | ||||
Market-Based | N/A | 125,987.42b | 73,869c | |
Location-Based | N/A | 131,028.43b | 75,846c | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 416.9031a | 661.0639a | 329.9047c |
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In 2024, the total operational greenhouse gas (GHG) emissions of Civitas Resources amounted to 2,168,900 metric tons of CO2 equivalent. This figure reflects direct emissions from owned or controlled sources (Scope 1).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Civitas Resources decreased by 10.78%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Civitas Resources were 2,168,900 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Civitas Resources's Scope 1 emissions have increased by 73.4%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Civitas Resources's Scope 1 emissions decreased by 5.7%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Civitas Resources reported Scope 1 greenhouse gas (GHG) emissions of 2,168,900 tCO₂e and total revenues of USD 5,202 millions. This translates into an emissions intensity of 416.9 tCO₂e per millions USD.a
In 2024, Civitas Resources reported a Scope 1 emissions intensity of 416.9 tCO₂e per millions USD. Compared to the peer group median of 272.39, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Civitas Resources ranked 18 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Civitas Resources among the least efficient performers, with one of the highest emissions intensities in its sector.a