Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”) today published its 2025 Corporate Sustainability Report, providing transparency around the Company’s sustainability initiatives, targets, and progress toward stated goals.
Chris Doyle, CEO, stated, “Civitas continues to make significant progress as an operator committed to sustainability. As a result of numerous successful operational initiatives in 2024, company-wide emissions have further decreased and we have translated our learnings from the DJ Basin into impressive improvements on our acquired Permian Basin assets, all while maintaining our proven safety performance. In 2026, we will expand our carbon neutrality pledge to include our Permian Basin assets, in addition to the DJ Basin, proving our sustainability leadership and delivering on our mission to Disrupt Energy for Good.”
Highlights from the report include:
- Reduced emissions: lowered the Company’s Scope 1 greenhouse gas emissions by 5.7% in 2024 compared to its 2023 baseline, progressing steadily toward the goal of a 40% reduction by 2030
- Continued commitment to carbon neutrality: maintained carbon neutrality(1) and zero routine flaring in the DJ Basin; committed to achieving both in the Permian Basin(2)
- Continued strong safety performance: delivered a combined Total Recordable Incident Rate(3) of 0.25 in 2024 – closely aligned with the industry’s top-quartile target of 0.22 – reflecting the Company’s ongoing commitment to industry-leading safety standards
- Reaffirmed pneumatic reduction targets: focused on significant reduction of pneumatic emissions (80% by 2025 in the DJ Basin from 2021 baseline; 65% by 2030 in the Permian Basin from 2023 baseline)
- Launching new targets: committed to establishing a new methane intensity target in 2025
- Delivered on voluntary initiatives: expanded emissions monitoring and detection infrastructure above and beyond compliance requirements, proactively retrofitted 350 facilities to mitigate spill risk, and plugged 42 orphan wells in Colorado
(1) Carbon neutrality refers to our effort to organically reduce emissions followed by the purchase of verified carbon credits and renewable energy certificates in an amount that offsets remaining emissions
(2) Carbon neutrality will begin the January after the first full calendar year of operational control of any acquisition, and Civitas has aligned its Permian Basin assets with the World Bank’s Zero Routine Flaring by 2030 Initiative
(3) Per OSHA 29 CFR Part 1904, incidence rate of injuries and illnesses computed as the number of recordable injuries and illnesses X 200,000 / hours worked
Readers can access the 2025 Corporate Sustainability Report on Civitas’ website here: Civitas/Sustainability.
