The report highlights the company's Environmental, Social, and Governance (ESG) performance in 2021 and initiatives to support the energy transition. CRC is committed to energy transition in the sector and has some of the lowest carbon intensity production in the US. The report includes details of CRC's 2045 Full-Scope Net Zero Goal, the company's first carbon neutral barrel of oil, and how CRC is committed to conserving natural resources, protecting the environment and mitigating climate change. Key highlights include: CRC hired its first Chief Sustainability Officer, established the Project Management Office of Asset Retirement Obligations (ARO), and made strides on the company's emissions reducing projects through continued investment in the carbon management business and the advancement of solar initiatives.
Meet us at the 85th Annual Meeting of the Academy of Management (AOM 2025) in Copenhagen!