In 2024, EOG 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
EOG Resources has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 6,000,000a | 5,700,000a | 5,100,000a | |
Total Scope 2 | ||||
Location-Based | 400,000a | 400,000a | 400,000b | |
Total Scope 3 | 127,000,000a | 118,000,000a | 110,300,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 256.6516a | 245.8804a | 172.9283a |
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In 2024, the total operational greenhouse gas (GHG) emissions of EOG Resources amounted to 6,400,000 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 2023, the total operational greenhouse gas (GHG) emissions of EOG Resources increased by 4.92%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of EOG Resources were 6,000,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, EOG Resources's Scope 1 emissions have increased by 11.11%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), EOG Resources's Scope 1 emissions increased by 5.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, EOG Resources reported Scope 2 greenhouse gas (GHG) emissions of 400,000 tCO₂e using the location-based method.a
Compared to the previous year (2023), EOG Resources's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that EOG Resources's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, EOG Resources reported its Scope 2 emissions using the location-based method.a
In 2024, EOG Resources reported 127,000,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of EOG Resources includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, EOG Resources reported total Scope 3 emissions of 127,000,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), EOG Resources's Scope 3 emissions remained relatively stable, indicating that EOG Resources's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, EOG Resources reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to EOG Resources's Scope 3 emissions were:a
In 2024, EOG Resources reported Scope 1 greenhouse gas (GHG) emissions of 6,000,000 tCO₂e and total revenues of USD 23,378 millions. This translates into an emissions intensity of 256.65 tCO₂e per millions USD.a
In 2024, EOG Resources reported a Scope 1 emissions intensity of 256.65 tCO₂e per millions USD. Compared to the peer group median of 332.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, EOG Resources ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
EOG Resources is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, EOG Resources reported a total carbon footprint of 133,400,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.49% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to EOG Resources's total carbon footprint was Scope 3 emissions, accounting for 95.2% of the company's total carbon footprint, followed by Scope 1 emissions at 4.5%.a