Climate Change Data

Gulfport Energy Corporation

Climate Impact & Sustainability Data (2020, 2022)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Health, safety, and environment (HSE)
  • Greenhouse gas emissions
  • Waste and spills
  • Water usage
  • Employee training and education
  • Community involvement
  • Corporate responsibility
  • Sustainability
  • Governance

Environmental Achievements

  • Reduced reportable spills by 70% year-over-year
  • Implemented spill prevention and response activities
  • Targeted methane emission reductions

Social Achievements

  • Reduced number of total OSHA recordable injuries by 50% year-over-year
  • Developed and delivered multiple Work Safe Program trainings for employees and contractors
  • Community engagement through partnerships focused on education and contributions to local organizations

Governance Achievements

  • Adoption of stock ownership guidelines for non-employee directors and executive officers
  • Adoption of Corporate Governance Guidelines
  • Advancement of Board diversity
  • Sustainability Committee formed to oversee ESG matters

Climate Goals & Targets

Environmental Challenges

  • Depressed commodity price environment
  • Economic uncertainty
  • Reduced borrowing base under revolving credit facility
  • Inability to fund operations
  • Chapter 11 bankruptcy filing
Mitigation Strategies
  • Reduced 2020 capital spending by more than 50% compared to 2019
  • Divested SCOOP water infrastructure assets for $50 million
  • Reduced corporate general and administrative costs
  • Improved operational efficiencies and reduced drilling and completion costs

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct finalized in 2021

Climate-Related Risks & Opportunities

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainability
  • Low-carbon energy
  • Environmental responsibility
  • Shareholder return

Environmental Achievements

  • Issued 2022 Corporate Sustainability Report

Social Achievements

  • Returned approximately $232.8 million of capital to shareholders through the repurchase of approximately 2.7 million shares of common stock through October 27, 2022

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Widening of basis differentials
  • Decrease in commodity prices
Mitigation Strategies
  • Added a top hole drilling rig in the Utica during the fourth quarter of 2022 to improve efficiency and reduce costs.
  • Prioritizing return of capital to shareholders through stock repurchases.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed