California Resources Corp.
Industry Group: Oil & Gas Producers
Country/Region: United States of America
Identifier: NYS:CRC
California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 72 out of 301
Universe
Global Universe 12873 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Murphy Oil Corp. |
27.4
Medium
|
21 out of 301 |
Societatea Nationala de Gaze Naturale ROMGAZ SA |
29.7
Medium
|
31 out of 301 |
Vista Energy SAB de CV |
31
High
|
37 out of 301 |
California Resources Corp. |
35.5
High
|
72 out of 301 |
Whitecap Resources, Inc. |
49.9
Severe
|
204 out of 301 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
California Resources Corp.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
California Resources Corp.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for California Resources Corp.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted California Resources Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level