Diamondback Energy Inc
Diamondback Energy's Climate Target Data Preview
As of 2024, Diamondback Energy has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based 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 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, 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.  a | 2030 |
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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. a
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. a
Diamondback Energy's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 0.012 Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced in 2020. a
Instead of reducing operational emissions, Diamondback Energy has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target. a