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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,360,000a | 2,970,000a | 3,360,000a | |
Total Scope 2 | ||||
Market-Based | 810,000a | N/A | N/A | |
Location-Based | N/A | N/A | N/A | |
Unspecified Calculation Method | N/A | 650,000a | 620,000a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 363.3611a | 272.5771a | 463.9602a |
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In 2023, the total operational greenhouse gas (GHG) emissions of CVR Energy amounted to 4,170,000 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).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of CVR Energy increased by 15.19%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of CVR Energy were 3,360,000 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2023, CVR Energy reported Scope 2 greenhouse gas (GHG) emissions of 810,000 tCO₂e using the market-based method.a
In 2023, CVR Energy reported its Scope 2 emissions using the market-based method.a
In 2023, CVR Energy reported Scope 1 greenhouse gas (GHG) emissions of 3,360,000 tCO₂e and total revenues of USD 9,247 millions. This translates into an emissions intensity of 363.36 tCO₂e per millions USD.a
In 2023, CVR Energy reported a Scope 1 emissions intensity of 363.36 tCO₂e per millions USD. Compared to the peer group median of 162.7, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, CVR Energy ranked 21 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places CVR Energy among the least efficient performers, with one of the highest emissions intensities in its sector.a