Vital Energy Inc (US) 2020 SR
The report is Laredo Petroleum's inaugural ESG and Climate Risk Report, covering the 2019 fiscal year. It outlines the company's strategic commitment to environmental, social, and governance principles, establishing significant 2025 targets such as a 20% reduction in greenhouse gas intensity and the elimination of routine flaring. Key performance highlights include a 62% reduction in the number of spills and a 70% reduction in net spill volume compared to the previous year. The company also emphasizes its focus on safety, reporting zero fatalities and a low total recordable incident rate of 0.86. Furthermore, Laredo highlights its progress in board diversity, with women representing 36% of the board by late 2020, and its commitment to community engagement through local philanthropy and employee volunteerism.
Company: Vital Energy Inc (US)
Sector: Energy
Country: United States
Year: 2020
Type: SR
Pages: 38
Vital Energy Inc (US)
ESG And Climate Risk Report
The report is Laredo Petroleum's inaugural ESG and Climate Risk Report, covering the 2019 fiscal year. It outlines the company's strategic commitment to environmental, social, and governance principles, establishing significant 2025 targets such as a 20% reduction in greenhouse gas intensity and the elimination of routine flaring. Key performance highlights include a 62% reduction in the number of spills and a 70% reduction in net spill volume compared to the previous year. The company also emphasizes its focus on safety, reporting zero fatalities and a low total recordable incident rate of 0.86. Furthermore, Laredo highlights its progress in board diversity, with women representing 36% of the board by late 2020, and its commitment to community engagement through local philanthropy and employee volunteerism.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees