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CVR Energy Inc

Common Name
CVR Energy
Country
United States
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
1,595
Ticker
CVI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
CVR Energy Inc. is a diversified holding company with primary operations in the petroleum refining and nitrogen fertilizer sectors. Functioning chiefly as an energy company, CVR oversees the efficient...

CVR Energy's GHG Emissions Data Preview

In 2023, CVR Energy 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) and Scope 2 (indirect emissions from purchased energy).

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

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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Unspecified Calculation Method
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a
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind CVR Energy’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 CVR Energy’s data sources below and access millions more through our Disclosure Search.

a. CVR Energy's ESG Report 2023
a. CVR Energy's ESG Report 2023

Insights into CVR Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofCVR Energy amounted to4,170,000metric 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 2022, the total operational greenhouse gas (GHG) emissions of CVR Energyincreased by 15.19%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

CVR Energy's Scope 1 Emissions Over Time

2021202220230850 k1.7 M2.55 M3.4 MtCO2e-12%+13%
  • Total Scope 1
  • Year-over-Year Change

What are CVR Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of CVR Energy were 3,360,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has CVR Energy reduced its Scope 1 emissions over time?

Since 2021, CVR Energy's Scope 1 emissions have remained relatively, stable, indicating that CVR Energy's emissions have plateaued with no significant change in its operational footprint.a

Compared to the previous year(2022), CVR Energy's Scope 1 emissions increased by 13.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are CVR Energy's Scope 2 emissions?

In 2023, CVR Energy reported Scope 2 greenhouse gas (GHG) emissions of 810,000 tCOâ‚‚e using the market-based method.a

What methodology does CVR Energy use for Scope 2 reporting?

In 2023, CVR Energy reported its Scope 2 emissions using the market-based method.a

CVR Energy's Scope 2 Emissions Over Time

2021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into CVR Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2023, CVR Energy reported Scope 1 greenhouse gas (GHG) emissions of 3,360,000 tCOâ‚‚e and total revenues of USD 9,247 millions. This translates into an emissions intensity of 363.36 tCOâ‚‚e per millions USD.a

CVR Energy's Scope 1 Emissions Intensity Compared to Peers

2,00050,0001,000,00010,000,000200,000,000Scope 1 Emissions (tCO2e)1001,00010,00050,000500,000Revenues (Millions of USD)GCWorld KinectYear: 2020Scope 1: 41,600 tCO2eRevenue: $M 20,358Scope 1 Intensity: 2.04 tCO2e/$MCrescent EnergyYear: 2023Scope 1: 1,685,913 tCO2eRevenue: $M 2,383Scope 1 Intensity: 707.59 tCO2e/$MChord EnergyYear: 2024Scope 1: 1,944,660 tCO2eRevenue: $M 5,251Scope 1 Intensity: 370.34 tCO2e/$MAntero ResourcesYear: 2024Scope 1: 201,511 tCO2eRevenue: $M 4,119Scope 1 Intensity: 48.93 tCO2e/$MPhillips 66Year: 2024Scope 1: 32,700,000 tCO2eRevenue: $M 143,153Scope 1 Intensity: 228.43 tCO2e/$MPBF EnergyYear: 2024Scope 1: 10,460,000 tCO2eRevenue: $M 33,115Scope 1 Intensity: 315.87 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MPeabody EnergyYear: 2024Scope 1: 5,106,580 tCO2eRevenue: $M 4,237Scope 1 Intensity: 1,205.32 tCO2e/$MWilliams CompaniesYear: 2024Scope 1: 13,389,356 tCO2eRevenue: $M 10,503Scope 1 Intensity: 1,274.81 tCO2e/$MMarathon PetroleumYear: 2024Scope 1: 34,600,000 tCO2eRevenue: $M 138,864Scope 1 Intensity: 249.16 tCO2e/$MCheniere EnergyYear: 2024Scope 1: 11,142,029 tCO2eRevenue: $M 15,703Scope 1 Intensity: 709.55 tCO2e/$MDelek US HoldingsYear: 2024Scope 1: 2,600,000 tCO2eRevenue: $M 11,852Scope 1 Intensity: 219.37 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MPermian ResourcesYear: 2024Scope 1: 2,293,371 tCO2eRevenue: $M 5,001Scope 1 Intensity: 458.61 tCO2e/$MMurphy OilYear: 2024Scope 1: 986,645 tCO2eRevenue: $M 3,019Scope 1 Intensity: 326.86 tCO2e/$MGGGlobal PartnersYear: 2024Scope 1: 42,584 tCO2eRevenue: $M 17,163Scope 1 Intensity: 2.48 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$MValero EnergyYear: 2024Scope 1: 24,300,000 tCO2eRevenue: $M 129,881Scope 1 Intensity: 187.09 tCO2e/$MHF SinclairYear: 2024Scope 1: 8,198,000 tCO2eRevenue: $M 28,580Scope 1 Intensity: 286.84 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MTarga ResourcesYear: 2024Scope 1: 10,200,000 tCO2eRevenue: $M 16,382Scope 1 Intensity: 622.65 tCO2e/$MClean Energy FuelsYear: 2024Scope 1: 24,742 tCO2eRevenue: $M 416Scope 1 Intensity: 59.49 tCO2e/$MCivitas ResourcesYear: 2024Scope 1: 2,168,900 tCO2eRevenue: $M 5,202Scope 1 Intensity: 416.90 tCO2e/$MMatador ResourcesYear: 2024Scope 1: 1,368,227 tCO2eRevenue: $M 3,479Scope 1 Intensity: 393.29 tCO2e/$MCCCVR EnergyYear: 2023Scope 1: 3,360,000 tCO2eRevenue: $M 9,247Scope 1 Intensity: 363.36 tCO2e/$M

How does CVR Energy's GHG emissions intensity compare to its peers?

In 2023, CVR Energy reported a Scope 1 emissions intensity of 363.36 tCOâ‚‚e per millions USD. Compared to the peer group median of 321.36, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does CVR Energy rank on GHG emissions intensity within its industry?

In 2023, CVR Energy ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

CVR Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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