Expand Energy Corp

Common Name
Expand Energy
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
1,500
Ticker
EXE
Exchange
NASDAQ/NGS
Description
Expand Energy Corp. is a prominent player in the energy sector, engaged primarily in the exploration, development, and production of oil and natural gas resources. The company focuses on leveraging ad...

Expand Energy's GHG Emissions Data Preview

In 2023, Expand 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), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

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

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Expand Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Expand Energy amounted to 803,373 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Expand Energy decreased by 55%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Expand Energy's Scope 1 Emissions Over Time

2018201920202021202220230750 k1.5 M2.25 M3 MtCO2e+10%-34%-2%-5%-54%
  • Total Scope 1
  • Year-over-Year Change

What are Expand Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Expand Energy were 799,373 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Expand Energy reduced its Scope 1 emissions over time?

Since 2018, Expand Energy's Scope 1 emissions have decreased by 68.65%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Expand Energy's Scope 1 emissions decreased by 53.85%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Expand Energy's Scope 2 emissions?

In 2023, Expand Energy reported Scope 2 greenhouse gas (GHG) emissions of 4,000 tCOâ‚‚e using the location-based method.

Has Expand Energy reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Expand Energy's Scope 2 emissions (Location-Based) fell by 92.45% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Expand Energy use for Scope 2 reporting?

In 2023, Expand Energy reported its Scope 2 emissions using the location-based method.

Expand Energy's Scope 2 Emissions Over Time

201820192020202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Expand Energy's Value Chain Emissions

In 2023, Expand Energy reported 67,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Expand Energy includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Expand Energy's Scope 3 Emissions Over Time

2020202120222023025 M50 M75 M100 MtCO2e+4%+39%-18%
  • Total Scope 3
  • Year-over-Year Change

What are Expand Energy's Scope 3 emissions?

In 2023, Expand Energy reported total Scope 3 emissions of 67,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Expand Energy's Scope 3 emissions decreased by 18.29%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Expand Energy's Total Carbon Footprint

In 2023, Expand Energy reported a total carbon footprint of 67,803,373 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.07% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Expand Energy's total carbon footprint was Scope 3 emissions, accounting for 98.82% of the company's total carbon footprint, followed by Scope 1 emissions at 1.18%.

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