Core Insights - California Resources Corporation (CRC) has published its 2024 Sustainability Report Summary and 2024 Sustainability Report, highlighting its ongoing commitment to sustainability and local energy production [1][2] - The company has become the largest oil and gas producer in California following its merger with Aera Energy, which has influenced its sustainability strategy [2] - CRC introduced its Responsible Net Zero (RNZ) strategy, focusing on decarbonization and aligning with California's climate goals [2][8] Sustainability Highlights - CRC secured California's first-ever EPA permits for underground CO2 injection and storage, paving the way for the state's first commercial-scale carbon capture and storage (CCS) project [8] - The company reduced Scope 1 and 2 greenhouse gas emissions by 27% compared to its 2020 baseline and legacy methane emissions by 32% [8] - CRC achieved a well production carbon intensity that is 9% below the California Air Resources Board (CARB) 2023 statewide average [8] - The company delivered over 4.7 billion gallons of treated reclaimed water to local water districts and recycled or reclaimed approximately 75% of total produced water from operations [8] - CRC provided more than $5.7 million in donations across California to positively impact communities and continued to rank among the safest companies in the U.S. with 23 awards from the National Safety Council [8]