Eog Resources
EOG Resources, Inc., a leading independent oil and natural gas company, is headquartered in the United States, with significant operations across the Permian Basin, Eagle Ford, and other key regions. Founded in 1999, EOG has established itself as a pioneer in the exploration and production sector, focusing on the development of unconventional resources. The company is renowned for its innovative approach to drilling and completion techniques, which enhance efficiency and reduce costs. EOG's core offerings include crude oil, natural gas liquids, and natural gas, positioning it as a formidable player in the energy market. With a commitment to sustainable practices and technological advancement, EOG Resources has achieved notable milestones, including consistent production growth and a strong financial performance, solidifying its reputation as a top-tier energy provider.
DitchCarbon Score
How does Eog 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 Electricity Transmission 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
Eog Resources's score of 26 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eog Resources's reported carbon emissions
In 2023, Eog Resources, headquartered in the US, reported significant carbon emissions, with Scope 1 emissions totalling approximately 5,697,000,000 kg CO2e and Scope 2 emissions at about 393,853,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for this year. In 2022, Eog Resources' global emissions included 5,100,000,000 kg CO2e from Scope 1, 400,000,000 kg CO2e from Scope 2, and a substantial 110,300,000,000 kg CO2e from Scope 3, specifically from the use of sold products. This indicates a heavy reliance on fossil fuels, which is common in the mineral fuels and oils sector. Eog Resources has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for enhanced climate strategies to align with industry standards and expectations for sustainability. Overall, while Eog Resources has made strides in reporting its emissions, the lack of reduction commitments highlights an area for potential improvement in its climate strategy.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 5,400,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000,000 |
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.
Eog Resources is participating in some 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.
