crc.comCalifornia Resources Corporation - About CRC

Overview About CRC Overview Message From The CEO CRC Champions Contact Us Our Business Overview Our Team Where We Operate Technology and Products Doing Business With Us ESG Overview Health and Safety Supply Chain Transparency CRC in the Community ESG By The Numbers Carbon TerraVault Overview Technology Vaults Projects Contact Investor Relations Overview Events & Presentations Stock Info Financials & Disclosures Governance Royalty Interest Holders Stockholder Services News News Releases Publications Request Publications Interest Owners Overview Royalty Owners Lease & Surface Owners & Joint Interest Owners Contacts, Forms and Documents FAQ Careers Search query Overview About CRC Overview Message From The CEO CRC Champions Contact Us Our Business Overview Our Team Where We Operate Technology and Products Doing Business With Us ESG Overview Health and Safety Supply Chain Transparency CRC in the Community ESG By The Numbers Carbon TerraVault Overview Technology Carbon Capture and Storage Direct Air Capture + Storage Vaults Projects CalCapture California DAC Hub Grannus Project InEnTec Project Elk Hills Hydrogen Project NLC Energy Project Verde Project Yosemite Hydrogen Facility Contact Investor Relations Overview Events & Presentations Stock Info Overview Analyst Coverage Financials & Disclosures Overview SEC Filings Non-GAAP and Other Additional Disclosures Governance Royalty Interest Holders Stockholder Services Investor FAQs Tax Information Information Request Form Investor Email Alerts News News Releases Publications Request Publications Interest Owners Overview Royalty Owners Lease & Surface Owners & Joint Interest Owners Contacts, Forms and Documents FAQ Careers About California Resources Corporation (CRC) is an independent energy and carbon management company committed to energy transition. 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. Mission To deliver long-term investment value by safely and responsibly developing our portfolio of low carbon intensity energy assets and reducing carbon emissions through our carbon management business to benefit our communities and the environment. Vision To be the premier leader in the energy transition, providing locally produced low carbon intensity energy and sustainable carbon management solutions. Values Character: Acting with integrity and honor, without exception Responsibility: California’s high standards for safety and environmental protection Commitment: Respecting our neighbors and advancing community interests for ample, affordable and reliable energy Highlights In February 2024, CRC announced the signing of a definitive merger agreement to combine with Aera Energy, LLC. In December 2023, U.S. EPA releases Draft Class VI Permits for CRC’s Carbon TerraVault for CO 2 Injection and Storage in California Launched California Direct Air Capture (DAC) Hub to create the California’s first full-scale DAC plus storage (DAC+S) network of regional DAC+S hubs.In August 2023, Carbon TerraVault’s California DAC Hub Consortium selected for U.S. DOE funding to bring Direct Air Capture and Storage to the Golden State In November 2021, adopted a 2045 Full-Scope Net Zero goal for Scope 1, 2 and 3 emissions.Achieved A-” grade for our 2022 CDP climate disclosure submittal, the highest score received by any oil and gas producer in the U.S.Has applied for permits for multiple Carbon TerraVault carbon capture and storage projects in the San Joaquin and Sacramento Basins. Formed a JV with Brookfield Renewable focused on CCS development opportunities; with an initial $500 million commitment to invest in CCS projects. In April 2022, announced new and updated ESG goals on methane, freshwater usage, ethnic and gender diversity in leadership, community giving and executive pay. Overview About CRC Overview Message From The CEO CRC Champions Contact Us Our Business Overview Our Team Where We Operate Technology and Products Doing Business With Us ESG Overview Health and Safety Supply Chain Transparency CRC in the Community ESG By The Numbers Carbon TerraVault Overview Technology Carbon Capture and Storage Direct Air Capture + Storage Vaults Projects CalCapture California DAC Hub Grannus Project InEnTec Project Elk Hills Hydrogen Project NLC Energy Project Verde Project Yosemite Hydrogen Facility Contact Investor Relations Overview Events & Presentations Stock Info Overview Analyst Coverage Financials & Disclosures Overview SEC Filings Non-GAAP and Other Additional Disclosures Governance Royalty Interest Holders Stockholder Services Investor FAQs Tax Information Information Request Form Investor Email Alerts News News Releases Publications Request Publications Interest Owners Overview Royalty Owners Lease & Surface Owners & Joint Interest Owners Contacts, Forms and Documents FAQ Careers Contact Us Privacy Policy Terms of Use Accesibility Statement © California Resources Corporation - All rights...