Crescent Energy presents its 2024 Sustainability Report, outlining how the U.S.-based oil and gas producer manages environmental, safety, governance and social issues across its operated assets. The report says Crescent aligns its disclosures with SASB and TCFD frameworks and highlights 2024 as a year of expansion through acquisitions, especially in the Eagle Ford, while maintaining a stated focus on disciplined growth, operational safety and environmental stewardship.

On climate and environment, Crescent reiterates three main targets: cutting absolute Scope 1 emissions by 700,000 metric tons of CO2 by the end of 2025 from projects launched since 2021, reducing methane intensity to 0.20% or below by 2030, and eliminating routine flaring by 2030. The company reports 2024 Scope 1 emissions of 2,351,895 metric tons CO2e and Scope 2 emissions of 729,148 metric tons CO2e, with methane intensity at 0.18%. It also highlights its first year of OGMP 2.0 Gold Standard reporting, along with initiatives such as emissions reconciliation, leak detection, solar-powered equipment conversions, spill prevention and produced-water recycling.

On safety and governance, the report emphasizes board oversight, quarterly sustainability reviews and cybersecurity governance through the Audit Committee and management. Crescent reports a total recordable incident rate of 0.22 in 2024, down from 0.39 in 2023, and states that it continues to pursue a zero-incident workplace through training, contractor management, stop-work authority and hazard identification. The company also describes an enterprise risk framework covering HSE, operations, finance, legal and IT risks.

On social matters, Crescent describes workforce development, employee benefits, ethics and whistleblower mechanisms, community engagement and tribal relations in Utah and Oklahoma. It reports 987 full-time employees in 2024 and says it supports local communities through education, well-being and environmental initiatives. Overall, the document is a corporate sustainability disclosure combining policy commitments, governance descriptions and performance metrics, while also noting that many forward-looking statements, targets and methodologies remain subject to change.