California Resources
California Resources Corporation (CRC) is a prominent player in the energy sector, headquartered in the United States. Established in 2014, CRC focuses on the exploration and production of oil and natural gas, primarily operating in California's rich resource regions. The company has made significant strides in enhancing its operational efficiency and sustainability practices, positioning itself as a leader in the industry. CRC's core offerings include the extraction of hydrocarbons and the development of innovative technologies aimed at reducing environmental impact. With a commitment to responsible resource management, California Resources Corporation stands out for its dedication to community engagement and environmental stewardship. As a key contributor to California's energy landscape, CRC continues to achieve notable milestones, reinforcing its market position and commitment to sustainable energy solutions.
DitchCarbon Score
How does California Resources's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
California Resources's score of 28 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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California Resources's reported carbon emissions
In 2023, California Resources Corporation reported total carbon emissions of approximately 17,504,000,000 kg CO2e. This figure includes 2,603,000,000 kg CO2e from Scope 1 emissions, 152,000,000 kg CO2e from Scope 2 emissions, and a significant 14,749,000,000 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint, announcing a target to achieve net zero emissions by 2050, with this initiative starting in 2023. Over the past few years, California Resources has seen fluctuations in its emissions. In 2022, total emissions were approximately 18,258,000,000 kg CO2e, with Scope 1 at 2,517,000,000 kg CO2e, Scope 2 at 246,000,000 kg CO2e, and Scope 3 at 15,495,000,000 kg CO2e. In 2021, emissions were about 18,940,000,000 kg CO2e, with similar scope distributions. The company has not reported any specific science-based targets (SBTi) but is actively working towards its long-term net zero goal, which encompasses all scopes of emissions. This commitment reflects an industry trend towards greater accountability and sustainability in carbon management.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,123,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 244,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 20,147,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
California Resources is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
