Diamondback Energy Inc
Diamondback Energy's Climate Target Data Preview
As of 2024, Diamondback Energy has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 intensity-based targets, 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 Diamondback Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CH4 (mtCH4) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  | 2024 |
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  | 2024 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced | Copy restricted. Please purchase to unlock this data. | 2030 |
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 Diamondback Energy's Greenhouse Gas Emissions Pathways
As of 2024, Diamondback Energy 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 Diamondback Energy have a target to reduce the emissions from its operations?
As of 2024, Diamondback Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Diamondback Energy's most ambitious operational target is to reduce these emissions by 70% by 2024, compared to a baseline of 0 Metric Tonnes of CH4 (mtCH4) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced in 2019.
As of 2023, Diamondback Energy is lagging behind on its operational emissions reduction target, having achieved 61.23% of the planned reduction.