SM Energy Co
SM Energy's GHG Emissions Data Preview
In 2023, SM 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).
SM Energy has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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Verified Sources Behind SM Energy’s Greenhouse Gas (GHG) Emissions Data
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Insights into SM Energy's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of SM Energy amounted to 592,707 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 2022, the total operational greenhouse gas (GHG) emissions of SM Energy increased by 30.41%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
SM Energy's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are SM Energy's Scope 1 emissions?
In 2023, the total Scope 1 emissions of SM Energy were 484,493 metric tons of CO₂ equivalent (tCO₂e). a
Has SM Energy reduced its Scope 1 emissions over time?
Since 2019, SM Energy's Scope 1 emissions have decreased by 37.54%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2022), SM Energy's Scope 1 emissions increased by 6.6%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are SM Energy's Scope 2 emissions?
In 2023, SM Energy reported Scope 2 greenhouse gas (GHG) emissions of 108,214 tCO₂e using the location-based method. a
Has SM Energy reduced its Scope 2 emissions over time?
Since 2019, SM Energy's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 25.34%, reflecting a rising long-term trend in Scope 2 emissions over time. a c
What methodology does SM Energy use for Scope 2 reporting?
In 2023, SM Energy reported its Scope 2 emissions using the location-based method. a
SM Energy's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into SM Energy's Value Chain Emissions
In 2023, SM Energy reported 2,962 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 2023 disclosure of SM Energy includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
SM Energy's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are SM Energy's Scope 3 emissions?
In 2023, SM Energy reported total Scope 3 emissions of 2,962 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
What categories of Scope 3 emissions does SM Energy disclose?
In 2023, SM Energy reported emissions for 3 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.
What are the main sources of SM Energy's Scope 3 emissions?
In 2023, the largest contributors to SM Energy's Scope 3 emissions were: a
- Upstream Leased Assets (Cat. 8): 1,946 tCO₂e (65.7%)
- Business Travel (Cat. 6): 679 tCO₂e (22.92%)
- Employee Commuting (Cat. 7): 337 tCO₂e (11.38%)
SM Energy's Scope 3 Emissions by Categories
Insights into SM Energy's Total Carbon Footprint
In 2023, SM Energy reported a total carbon footprint of 595,669 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 31.06% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to SM Energy's total carbon footprint was Scope 1 emissions, accounting for 81.34% of the company's total carbon footprint, followed by Scope 2 emissions at 18.17%. a