Vital Energy Inc (US) 2022 SR
The report highlights Laredo Petroleum's progress in sustainability, achieving a 34% reduction in Scope 1 GHG intensity and a 62% reduction in flaring since 2019. It details the company's first TCFD-aligned scenario analysis and its certification as the first Permian operator to receive Project Canary's TrustWell certification for responsible production. Key targets include zero routine flaring by 2025 and a 50% recycled water goal for completion operations. The company also enhanced its governance by tying ESG metrics to executive compensation and increasing board diversity to 60%.
Company: Vital Energy Inc (US)
Sector: Energy
Country: United States
Year: 2022
Type: SR
Pages: 74
Vital Energy Inc (US)
ESG And Climate Risk Report
The report highlights Laredo Petroleum's progress in sustainability, achieving a 34% reduction in Scope 1 GHG intensity and a 62% reduction in flaring since 2019. It details the company's first TCFD-aligned scenario analysis and its certification as the first Permian operator to receive Project Canary's TrustWell certification for responsible production. Key targets include zero routine flaring by 2025 and a 50% recycled water goal for completion operations. The company also enhanced its governance by tying ESG metrics to executive compensation and increasing board diversity to 60%.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Dec 1, 2022
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