EOG Resources
Exploration & Production
EOG
$ 132 0.12
Share price
$ 78 bn
Market Cap
$ 78 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
EOG Resources aims to achieve net zero for Scope 1 + 2 by 2040
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
EOG Resources reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 4,900 Kt (-400 /-7.5% y-o-y). At the same time, carbon intensity surged to 493 t (+183/+59% y-o-y).
No public disclosure of Scope 3 emissions has been found for EOG Resources at the moment.
The company is committed to achieving net zero for Scope 1 + 2 by 2040, which translates into the estimated reduction of -245 Kt per annum over the period of FY2021 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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