Vital Energy Inc (US) 2021 SR
The report highlights Laredo Petroleum's progress in 2020, focusing on its 2025 emissions reduction targets, including a 56% reduction in flared volumes and a 48% reduction in produced fluid spill intensity. The company formalized its Enterprise Risk Management process and conducted its first TCFD-aligned scenario analysis to assess climate-related financial risks. Laredo achieved significant board diversity, with 56% of directors being diverse by gender or race. Environmental initiatives include piloting continuous emissions monitoring and expanding water recycling, particularly in Howard County. The report also discloses Scope 3 emissions for the first time and maintains alignment with SASB, TCFD, and other industry frameworks.
Company: Vital Energy Inc (US)
Sector: Energy
Country: United States
Year: 2021
Type: SR
Pages: 62
Vital Energy Inc (US)
ESG And Climate Risk Report
The report highlights Laredo Petroleum's progress in 2020, focusing on its 2025 emissions reduction targets, including a 56% reduction in flared volumes and a 48% reduction in produced fluid spill intensity. The company formalized its Enterprise Risk Management process and conducted its first TCFD-aligned scenario analysis to assess climate-related financial risks. Laredo achieved significant board diversity, with 56% of directors being diverse by gender or race. Environmental initiatives include piloting continuous emissions monitoring and expanding water recycling, particularly in Howard County. The report also discloses Scope 3 emissions for the first time and maintains alignment with SASB, TCFD, and other industry frameworks.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Sep 22, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees