SustainabilityDedicated to Environmental
Stewardship
Our Commitment
At Civitas, we prioritize both our financial and sustainability performance, recognizing that they aren’t competing interests. Our commitment to sustainability challenges us to seek continuous innovation and reject the status quo. We see every day as an opportunity for continuous improvement as we work to produce more responsible energy for the benefit and prosperity of consumers and our communities. Our sustainability program is designed to help the company manage key risks related to health, safety, reputation, regulatory, legal, social, environmental, and local impacts. Civitas has embraced a lower carbon future since our company’s founding, and we’ve made strategic operational upgrades to reduce emissions and minimize our environmental impact.
Carbon Neutrality and Emissions Reduction Strategy
Establish climate-related goals and measure progress
Reduce emissions in support of reduction targets
Offset residual Scope 1 and Scope 2 emissions through the purchase of certified carbon credits and renewable energy certificates.
Target
Absolute Scope 1 GHG emission reduction ↓40%
→ Reduce absolute Scope 1 GHG emission by 40% by 2030
Baseline: 2023 EPA Subpart W (~2.3 MM mT CO2e)
2024 Performance
↓5.7%
Reduction in 2024, progressing steadily toward our goal of a 40% reduction by 2030
Target
DJ Basin emissions intensity reduction ↓25%
→ Reduce scope 1 GHG emission intensity by a fixed 2.5% annually (averaged over a 10-year period)
Baseline: 2019 EPA Subpart W (~17.3 mT CO2e/MBOE)
2024 Performance
↓40% reduction since 2019
Achieved in 2023 and continued to maintain in 2024
Target
Be carbon neutral
→ Maintain Scope 1 and Scope 2 carbon neutrality, offsetting Scope 1 and Scope 2 GHG emissions with certified carbon credits and renewable energy certificates
2024 Performance
Maintained in the DJ Basin
Progressed commitment to achieve in the Permian Basin beginning January 2026
Target
Zero routine flaring
→ Maintain zero routine flaring in the DJ Basin
Achieve zero routine flaring in the Permian Basin by 2030
2024 Performance
Maintained in the DJ Basin
Targeting in the Permian Basin by 2030
Target
OGMP 2.0 standard – Level 5 reporting
→ Achieve OGMP 2.0 Level 5 reporting in the DJ Basin production segment
Advance Permian Basin production segment to OGMP 2.0 Level 5 reporting
2024 Performance
Maintained OGMP 2.0 Gold Standard and achieved OGMP 2.0 Level 5 reporting for the DJ Basin production segment
Permian Basin is on track to advance to Level 5 reporting by 2030
Target
Maintain TRIR of 0.22
→ Representing top quartile performance of our peer group, and stay below industry average determined by the U.S. Bureau of Labor Statistics
2024 Performance
Performed near the top quartile of our peer group.
Recorded a TRIR of 0.25 in 2024, which is below the industry average determined by the U.S. Bureau of Labor Statistics
Clean Energy Future
We are taking responsibility for our role in a clean energy future. Guided by our values of integrity and innovation, we are actively reducing our carbon emissions through industry-leading practices.
Sustainable Energy Development
At Civitas, a sustainable future begins with respect — respect for the natural resources that are at the foundation of our operations; respect for the safety and well-being of our employees and contractors; and respect for the health and vitality of our communities. We translate this respect into action, working every day to responsibly produce safe, affordable, and reliable energy with a reduced environmental footprint. It’s not only the right thing to do, but also a market advantage as we transition into a lower carbon future. We can be both profitable and purposeful, sustainably developing the energy needed to maintain and improve quality of life.