Environmental, Social and Governance

California Resources Corporation (CRC) serves Californians by safely producing affordable and reliable energy and actively promoting conservation of water, habitat and energy as a responsible steward of natural resources. CRC has some of the lowest carbon intensity production in the US and we are focused on maximizing the value of our land, mineral and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions reducing projects. As CRC continues to make strides on our ESG strategy, we are proud of the progress we have made with our sustainability initiatives to date and are pleased to share our 2020 Sustainability Update (PDF).

2045 Full-Scope Net Zero Goal

CRC is committed to the transition in the energy sector. Building upon the company’s carbon management strategy, in November 2021, CRC adopted a 2045 Full-Scope Net Zero goal for Scope 1, 2 and 3 emissions. This goal places CRC among a select few industry peers to include scope 3 emissions in their Net Zero goal. Learn more on our 2045 Full-Scope Net Zero Goal page.

Shared California Values

CRC proudly shares and endorses the state’s commitment to conserve our natural resources, mitigate climate change and protect our environment. We design and maintain our facilities throughout the state with our neighbors, communities and the environment in mind. At CRC, our values of Character, Responsibility and Commitment direct how we conduct our business, contribute to our communities, support local economies, protect the environment, and interact daily with our stakeholders. CRC increases our energy security by reducing the state’s chronic dependence on imports and helps California retain the value created by local energy production. CRC is dedicated to ensuring that diverse communities across our state have a vibrant and sustainable future by all measures – environmental, economic and social.

CRC and its joint ventures operate exclusively in California. All of our properties, facilities and investments are located in California; and all of our oil, natural gas, natural gas liquids and electricity is produced in California. Working exclusively in California means that all of our operations are subject to California’s world-leading safety, labor, human rights and environmental standards and overseen by more than 20 federal and state agencies.

Key HSE and Sustainability Documents