GlobalData offers a comprehensive analysis of SilverBow Resources, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on SilverBow Resources‘ ESG performance. GlobalData’s company profile on SilverBow Resources offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
SilverBow Resources, an oil and gas exploration and production company, is working towards mitigation plans for climate change through limiting its greenhouse gas (GHG) emissions. SilverBow Resources has taken steps to reduce its emissions and achieve its net-zero targets. SilverBow Resources' latest filings mentioned the keywords 'Emissions' and 'Greenhouse Gas Emissions' most number of times in relation to 'Climate Change'.
The company reported a total of 380,445.36 Metric Tonnes CO2e under scope 1 category from flared hydrocarbons, combustion, process emissions, vented emissions, fugitive emissions, and other sources. The company has a policy commitment related to social and supplier issues. SilverBow Resources has a stakeholder engagement approach and a process to determine material topics. The company has a management system for occupational health and safety and worker training on occupational health and safety. SilverBow Resources has a diversity of governance bodies and employees and has provided benefits to full-time employees that are not provided to temporary or part-time employees.
In conclusion, SilverBow Resources is making effort toward climate change action plan through restricting its carbon emissions. In early 2022, the company started remediating hydrocarbon and produced water spills by using an in-place treatment bioremediation product which accelerates the ground’s natural occurring processes while allowing for decreased ground disturbance.