Published by Todd Bush on August 8, 2023
Report Highlights Company's Progress on Ambitious Sustainability Commitments
DENVER , Aug. 7, 2023 /PRNewswire/ -- Civitas Resources, Inc. (NYSE: CIVI ) released its second Corporate Sustainability Report, which highlights the progress made in 2022 related to environmental, social, and governance factors, and details how Civitas continues to build on its already robust sustainability approach and practices. The new report can be found on the company's sustainability page: Sustainability: Protecting Colorado's Environment | Civitas Resources
2023 Sustainability Report
>> In Other News: SoCalGas Files Application to Develop California's Largest Renewable Natural Gas Pilot Project, Turning Agricultural Waste into Fuel
"Two years ago, we set ambitious goals for Civitas Resources around our future performance and priorities as an industry leader," said Civitas President and CEO M. Chris Doyle. "This year, we continued to build on our commitment to safe operations, the environment, and the communities where we operate. As such, we continue to distinguish ourselves among exploration and production companies as a sustainability leader with bold actions."
Some of Civitas' major sustainability milestones and initiatives captured in this year's report include the company's new commitment to reduce its scope 1 greenhouse gas emissions by 50 percent by 2027 against a 2021 baseline, enhanced data sourcing and management capabilities, a companywide retrofit of its natural gas pneumatic devices, the launch of the Civitas Community Foundation, and improvements in the diversity of the company's board.
Some of the company's additional 2022 sustainability highlights include the following:
The publication of this report coincides with Civitas' evolution from being Colorado's largest pure-play operator to extending the Company's asset base into the Permian and Delaware basins. Civitas aspires to bring the same level of rigor in measurement and disclosure to these new assets as it has for all the Company's assets across its footprint to date. Civitas Resources, Inc. Civitas Resources, Inc. is an independent, domestic oil and natural gas producer developing premier assets in the Denver - Julesburg (DJ) and Permian basins. The Company has a proven business model combining capital discipline, a strong balance sheet, sustainable cash flow generation, and peer-leading cash returns to shareholders. Civitas employs leading ESG practices and is Colorado's first carbon neutral oil and gas producer. For more information about Civitas, please visit www.civitasresources.com.
SOURCE Civitas Resources, Inc.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚀 Climeworks Raises USD 162M to Scale Up Technology 🛠️ DNV Advances Skylark to Enable Safe Scaling of CO2 Pipelines for Carbon Capture and Storage 🍁 Canada’s Rising Role in the G...
Inside This Issue 🏗️ Hyundai Unveils $6B Hydrogen-Powered Steel Mill in Louisiana, Aims to Position State as National Energy Leader 🤝 Deep Sky Inks Next DAC Deal in Germany with Greenlyte Carbon T...
Inside This Issue 🍁 Inside Canada’s Quiet Takeover of the Carbon Capture Industry ✈️ Phillips 66 to Supply SAF to British Airways in Calif 💧 HyVera Distributed Energy Launches Green Hydrogen-On-De...
Next-Gen Construction: 200 & 500kVA Hybrid Fuel-Cell Power USA - English
Elemental Energy launches its latest 200 & 500kVA hybrid hydrogen-BESS solution to optimise power supplies and eliminate combustion generators LONDON, July 3, 2025 /PRNewswire/ -- Elemental En...
Researchers in China have developed a groundbreaking technique that allows proton exchange membrane (PEM) electrolyzers to produce clean hydrogen from impure water, potentially reducing costs and e...
BILBAO, Spain--H2SITE has been awarded the EIC (European Innovation Council) Accelerator program for a project aimed at deploying a first-of-its-kind ammonia cracking unit capable of producing 1 to...
Trump's Budget Bill Boosts Fossil Fuels, Hits Renewable Energy
WASHINGTON - The budget bill the U.S. Senate passed on Tuesday and the House of Representatives is now debating for final approval would dampen development of wind and solar power, kill climate fun...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.