SM Energy Co

Common Name
SM Energy
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
663
Ticker
SM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
SM Energy Company is an exploration and production company focused on the development and acquisition of natural gas and crude oil resources. Its primary function is to discover, extract, and market h...

SM Energy's Climate Target Data Preview

As of 2024, SM 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 SM Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget 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
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a
2030
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Verified Sources Behind SM Energy’s Climate Targets Data

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a. SM Energy's Sustainability Report 2024
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Insights into SM Energy's Greenhouse Gas Emissions Pathways

As of 2024, SM 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 SM Energy have a target to reduce the emissions from its operations?

As of 2024, SM Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

SM Energy's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 0.014 Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced in 2019. a

As of 2023, SM Energy is ahead of schedule on its operational emissions reduction target, having achieved 78.64% of the planned reduction. a

SM Energy's Operational (Scope 1+2) Emissions Pathway

201920232030000.010.010.02BaselineCurrent (-39%)
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