Civitas Resources Releases 2023 Corporate Sustainability Report
Report Highlights Company's Progress on Ambitious Sustainability Commitments
"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:
- Equipped more than 90 locations with over 100 real-time air monitoring stations, operating 24/7
- Committed to voluntarily plug 42 wells orphaned by previous operators – making up
10% of allColorado orphan wells as of January 1, 2022 - Achieved zero routine flaring as of January 2022
- Maintained an annual Total Recordable Incident Rate (TRIR) of 0.26
- Contributed ~1.8MM to local social causes and humanitarian aid
- Published Human Rights and Biodiversity policies
The publication of this report coincides with Civitas' evolution from being
About Civitas Resources, Inc.
Civitas Resources, Inc. is an independent, domestic oil and natural gas producer developing premier assets in the
Contact:
Rich Coolidge
info@civiresources.com
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SOURCE Civitas Resources, Inc.