{"success":true,"data":{"pressRelease":{"id":"131372","rtpr_id":"nGNX8NQ4V8","ticker":"CRC","exchange":"NYSE","all_tickers":["CRC"],"title":"Driving California's Energy Future: California Resources Corporation Releases 2025 Sustainability Update","author":"Globe Newswire","published_at":"2026-08-31T15:30:00.121Z","article_body":"LONG BEACH, Calif., Aug. 31, 2026 (GLOBE NEWSWIRE) -- California Resources\nCorporation (NYSE: CRC) today announced the publication of its 2025\nSustainability Report Update\n(https://www.globenewswire.com/Tracker?data=tBNVsCqBTaFx3RHirU8InO7sRVHpsIwNVxlxe_HOCk4TmONpNJmhPPeUqzoMA2EYovxUp-_8pN3dv4OlbAReGLuv30CXlPUzHO_pxBvEYQHO_lSsNoDUJptUMKfZABirJmYFAC_QOjrodo14ah0HrK3ucoxj7MwT9Xyd6a57XMvVZiJkfk0N-2vRvE4pewci)\nand 2025 Sustainability Report Summary\n(https://www.globenewswire.com/Tracker?data=tBNVsCqBTaFx3RHirU8InO7sRVHpsIwNVxlxe_HOCk6pLZVHP5iPYSpO8H4Y6vpXun3RrMu-_NZ5_mnR3vvwrX_5jYbpzsiAeSD2PZH_Hz0oMAsX7BuwRrh2_8JmBnJRPFrAOz2ZAcTfoPlTcjW5pOy8IjbDpM-DhA79Qhvnu6yIudkpTcMNcpijsfKLZVBo).\nThe reports highlight CRC's continued progress in responsibly producing\nenergy, expanding Carbon TerraVault's (CTV) carbon management platform and\nadvancing innovative solutions that support California's evolving energy\nneeds.\n\n“Our 2025 Sustainability Update reflects the progress we've made advancing\nresponsible energy production, scaling CTV and investing in the infrastructure\nneeded to strengthen California's energy security while supporting the state's\nclimate ambitions,” said Francisco Leon, CRC President and Chief Executive\nOfficer. “California's energy future depends on delivering both reliable\nenergy and meaningful emissions reductions, and we believe these goals go hand\nin hand.”\n\n“Our sustainability strategy is grounded in measurable results and\ncontinuous improvement,” said Chris Gould, CRC Executive Vice President and\nChief Sustainability Officer, and Managing Director, CTV Holdings. “From\nreducing greenhouse gas emissions to expanding water stewardship and advancing\nCalifornia's first commercial carbon capture and storage project, we’re\ndemonstrating our commitment to responsible operations.”\n\n2025 Sustainability Highlights\n* Reduced Scope 1 and 2 greenhouse gas emissions by 25% since 2020, avoiding\nmore than 1.61 million metric tons of carbon dioxide equivalent while\nmaintaining well production carbon intensity below the California Air\nResources Board statewide average.\n* Advanced CTV, CRC’s carbon capture and storage platform, including\ncompleting construction on CTV I, California’s first commercial CCS\nfacility, which is designed to permanently store up to 1.6 million metric tons\nof CO(2) annually.\n* Delivered approximately 4.6 billion gallons of treated, reclaimed water to\nlocal California water districts in 2025, more than three times CRC’s\noperational freshwater consumption, while recycling, reusing or reclaiming\nnearly 75% of produced water.\n* Invested nearly $10 million since 2020 in methane detection, prevention and\nabatement, supporting MiQ “Grade A” certification across CRC’s\noperations in the San Joaquin, Los Angeles and Ventura basins.\n* Invested more than $2 million across California in workforce training,\neducation, food security and local economic development, including expanded\nsupport for food banks and edible school gardens.\n* Contributed more than $130 million in state and local taxes, fees and\nrelated payments supporting California public services and environmental\nprograms, while employing more than 1,500 people.\nFor more information about CRC’s sustainability efforts and to download the\nfull length and summary versions of the 2025 Sustainability Report Update,\nplease visit www.crc.com/sustainability.\n\nAbout California Resources Corporation\nCalifornia Resources Corporation (CRC) is an independent energy and carbon\nmanagement company advancing the energy transition. CRC is committed to\nenvironmental stewardship while safely providing local, responsibly sourced\nenergy. CRC is also focused on maximizing the value of its land, mineral\nownership, and energy expertise for decarbonization by developing carbon\ncapture and storage and other emissions-reducing projects. For more\ninformation about CRC, please visit www.crc.com.\n\nAbout Carbon TerraVault\nCarbon TerraVault (CTV), CRC’s carbon management business, develops services\nto capture, transport and permanently store CO(2) for its customers. CTV is\nadvancing a portfolio of CCS projects, including CTV I, which is now\noperational and injecting CO₂ for permanent sequestration in a depleted\nreservoir deep underground. For more information, visit\nwww.crc.com/carbon-terravault.\n\nForward-Looking Statements\nInformation set forth in this communication constitute “forward-looking\nstatements” within the meaning of the safe harbor provisions of the Private\nSecurities Litigation Reform Act of 1995 and other securities laws. All\nstatements other than historical facts are forward-looking statements, and\ninclude statements regarding CRC's future financial position, business\nstrategy, projected revenues, earnings, costs, capital expenditures and plans\nand objectives and intentions of management for the future. Words such as\n“expect,” “could,” “may,” “anticipate,” “intend,”\n“plan,” “ability,” “believe,” “seek,” “see,” “will,”\n“would,” “estimate,” “forecast,” “target,” “guidance,”\n“outlook,” “opportunity” or “strategy” or similar expressions are\ngenerally intended to identify forward-looking statements. These\nforward-looking statements are based upon the current beliefs and expectations\nof the management of CRC and are subject to risks and uncertainties that could\ncause actual results to differ materially from those expressed in, projected\nin, or implied by, such statements.\n\nAlthough CRC believes the expectations and forecasts reflected in its\nforward-looking statements are reasonable, they are inherently subject to\nnumerous risks and uncertainties, most of which are difficult to predict and\nmany of which are beyond its control. No assurance can be given that such\nforward-looking statements will be correct or achieved or that the assumptions\nare accurate or will not change over time. Particular uncertainties that could\ncause CRC’s actual results to be materially different than those expressed\nin its forward-looking statements are described in its most recent Annual\nReport on Form 10-K and its other periodic filings with the SEC. These factors\ninclude, but are not limited to: fluctuations in commodity prices; production\nlevels and/or pricing by OPEC, OPEC+ or U.S. producers; government policy, war\nand political conditions and events; joint ventures; regulatory actions and\nchanges that affect the oil and gas industry generally and us in particular;\nthe efforts of activists to delay or prevent oil and gas activities or the\ndevelopment of CRC’s carbon management segment; changes in business strategy\nand the ability and financial resources to execute our capital plan in a\ntimely manner; lower-than-expected production; changes to estimates of\nreserves and related future cash flows; the recoverability of resources and\nunexpected geologic conditions; general economic conditions and trends;\nresults from operations and competition in the industries in which it\noperates; CRC’s ability to realize the anticipated benefits from prior or\nfuture efforts to reduce costs; environmental risks and liability; the\nbenefits contemplated by its energy transition strategies and initiatives;\nCRC’s ability to successfully identify, develop and finance carbon capture\nand storage projects, power projects and other renewable energy efforts;\nfuture dividends and share repurchases and de-leveraging efforts; and natural\ndisasters, accidents, mechanical failures, power outages, labor difficulties,\ncybersecurity breaches or attacks or other catastrophic events.\n\nCRC cautions you not to place undue reliance on forward-looking statements\ncontained in this document, which speak only as of the date hereof, and CRC is\nunder no obligation, and expressly disclaims any obligation to update, alter\nor otherwise revise any forward-looking statements, whether as a result of new\ninformation, future events or otherwise. This communication may also contain\ninformation from third-party sources. This data may involve a number of\nassumptions and limitations, and CRC has not independently verified them and\ndoes not warrant the accuracy or completeness of such third-party information.\n\nContacts\nHailey Bonus \n(Media)\n714-874-7732\nCRC.Communications@crc.com\n\nDaniel Juck\n(Investor Relations)        \n818-661-3700\nCRC_IR@crc.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5e3e9064-e701-4c04-bf41-2203b9b962c5)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX8NQ4V8","title":"Driving California's Energy Future: California Resources Corporation Releases 2025 Sustainability Update","author":"Globe Newswire","ticker":"CRC","created":"2026-08-31T15:30:00.121Z","tickers":["CRC"],"exchange":"NYSE","article_body":"LONG BEACH, Calif., Aug. 31, 2026 (GLOBE NEWSWIRE) -- California Resources\nCorporation (NYSE: CRC) today announced the publication of its 2025\nSustainability Report Update\n(https://www.globenewswire.com/Tracker?data=tBNVsCqBTaFx3RHirU8InO7sRVHpsIwNVxlxe_HOCk4TmONpNJmhPPeUqzoMA2EYovxUp-_8pN3dv4OlbAReGLuv30CXlPUzHO_pxBvEYQHO_lSsNoDUJptUMKfZABirJmYFAC_QOjrodo14ah0HrK3ucoxj7MwT9Xyd6a57XMvVZiJkfk0N-2vRvE4pewci)\nand 2025 Sustainability Report Summary\n(https://www.globenewswire.com/Tracker?data=tBNVsCqBTaFx3RHirU8InO7sRVHpsIwNVxlxe_HOCk6pLZVHP5iPYSpO8H4Y6vpXun3RrMu-_NZ5_mnR3vvwrX_5jYbpzsiAeSD2PZH_Hz0oMAsX7BuwRrh2_8JmBnJRPFrAOz2ZAcTfoPlTcjW5pOy8IjbDpM-DhA79Qhvnu6yIudkpTcMNcpijsfKLZVBo).\nThe reports highlight CRC's continued progress in responsibly producing\nenergy, expanding Carbon TerraVault's (CTV) carbon management platform and\nadvancing innovative solutions that support California's evolving energy\nneeds.\n\n“Our 2025 Sustainability Update reflects the progress we've made advancing\nresponsible energy production, scaling CTV and investing in the infrastructure\nneeded to strengthen California's energy security while supporting the state's\nclimate ambitions,” said Francisco Leon, CRC President and Chief Executive\nOfficer. “California's energy future depends on delivering both reliable\nenergy and meaningful emissions reductions, and we believe these goals go hand\nin hand.”\n\n“Our sustainability strategy is grounded in measurable results and\ncontinuous improvement,” said Chris Gould, CRC Executive Vice President and\nChief Sustainability Officer, and Managing Director, CTV Holdings. “From\nreducing greenhouse gas emissions to expanding water stewardship and advancing\nCalifornia's first commercial carbon capture and storage project, we’re\ndemonstrating our commitment to responsible operations.”\n\n2025 Sustainability Highlights\n* Reduced Scope 1 and 2 greenhouse gas emissions by 25% since 2020, avoiding\nmore than 1.61 million metric tons of carbon dioxide equivalent while\nmaintaining well production carbon intensity below the California Air\nResources Board statewide average.\n* Advanced CTV, CRC’s carbon capture and storage platform, including\ncompleting construction on CTV I, California’s first commercial CCS\nfacility, which is designed to permanently store up to 1.6 million metric tons\nof CO(2) annually.\n* Delivered approximately 4.6 billion gallons of treated, reclaimed water to\nlocal California water districts in 2025, more than three times CRC’s\noperational freshwater consumption, while recycling, reusing or reclaiming\nnearly 75% of produced water.\n* Invested nearly $10 million since 2020 in methane detection, prevention and\nabatement, supporting MiQ “Grade A” certification across CRC’s\noperations in the San Joaquin, Los Angeles and Ventura basins.\n* Invested more than $2 million across California in workforce training,\neducation, food security and local economic development, including expanded\nsupport for food banks and edible school gardens.\n* Contributed more than $130 million in state and local taxes, fees and\nrelated payments supporting California public services and environmental\nprograms, while employing more than 1,500 people.\nFor more information about CRC’s sustainability efforts and to download the\nfull length and summary versions of the 2025 Sustainability Report Update,\nplease visit www.crc.com/sustainability.\n\nAbout California Resources Corporation\nCalifornia Resources Corporation (CRC) is an independent energy and carbon\nmanagement company advancing the energy transition. CRC is committed to\nenvironmental stewardship while safely providing local, responsibly sourced\nenergy. CRC is also focused on maximizing the value of its land, mineral\nownership, and energy expertise for decarbonization by developing carbon\ncapture and storage and other emissions-reducing projects. For more\ninformation about CRC, please visit www.crc.com.\n\nAbout Carbon TerraVault\nCarbon TerraVault (CTV), CRC’s carbon management business, develops services\nto capture, transport and permanently store CO(2) for its customers. CTV is\nadvancing a portfolio of CCS projects, including CTV I, which is now\noperational and injecting CO₂ for permanent sequestration in a depleted\nreservoir deep underground. For more information, visit\nwww.crc.com/carbon-terravault.\n\nForward-Looking Statements\nInformation set forth in this communication constitute “forward-looking\nstatements” within the meaning of the safe harbor provisions of the Private\nSecurities Litigation Reform Act of 1995 and other securities laws. All\nstatements other than historical facts are forward-looking statements, and\ninclude statements regarding CRC's future financial position, business\nstrategy, projected revenues, earnings, costs, capital expenditures and plans\nand objectives and intentions of management for the future. Words such as\n“expect,” “could,” “may,” “anticipate,” “intend,”\n“plan,” “ability,” “believe,” “seek,” “see,” “will,”\n“would,” “estimate,” “forecast,” “target,” “guidance,”\n“outlook,” “opportunity” or “strategy” or similar expressions are\ngenerally intended to identify forward-looking statements. These\nforward-looking statements are based upon the current beliefs and expectations\nof the management of CRC and are subject to risks and uncertainties that could\ncause actual results to differ materially from those expressed in, projected\nin, or implied by, such statements.\n\nAlthough CRC believes the expectations and forecasts reflected in its\nforward-looking statements are reasonable, they are inherently subject to\nnumerous risks and uncertainties, most of which are difficult to predict and\nmany of which are beyond its control. No assurance can be given that such\nforward-looking statements will be correct or achieved or that the assumptions\nare accurate or will not change over time. Particular uncertainties that could\ncause CRC’s actual results to be materially different than those expressed\nin its forward-looking statements are described in its most recent Annual\nReport on Form 10-K and its other periodic filings with the SEC. These factors\ninclude, but are not limited to: fluctuations in commodity prices; production\nlevels and/or pricing by OPEC, OPEC+ or U.S. producers; government policy, war\nand political conditions and events; joint ventures; regulatory actions and\nchanges that affect the oil and gas industry generally and us in particular;\nthe efforts of activists to delay or prevent oil and gas activities or the\ndevelopment of CRC’s carbon management segment; changes in business strategy\nand the ability and financial resources to execute our capital plan in a\ntimely manner; lower-than-expected production; changes to estimates of\nreserves and related future cash flows; the recoverability of resources and\nunexpected geologic conditions; general economic conditions and trends;\nresults from operations and competition in the industries in which it\noperates; CRC’s ability to realize the anticipated benefits from prior or\nfuture efforts to reduce costs; environmental risks and liability; the\nbenefits contemplated by its energy transition strategies and initiatives;\nCRC’s ability to successfully identify, develop and finance carbon capture\nand storage projects, power projects and other renewable energy efforts;\nfuture dividends and share repurchases and de-leveraging efforts; and natural\ndisasters, accidents, mechanical failures, power outages, labor difficulties,\ncybersecurity breaches or attacks or other catastrophic events.\n\nCRC cautions you not to place undue reliance on forward-looking statements\ncontained in this document, which speak only as of the date hereof, and CRC is\nunder no obligation, and expressly disclaims any obligation to update, alter\nor otherwise revise any forward-looking statements, whether as a result of new\ninformation, future events or otherwise. This communication may also contain\ninformation from third-party sources. This data may involve a number of\nassumptions and limitations, and CRC has not independently verified them and\ndoes not warrant the accuracy or completeness of such third-party information.\n\nContacts\nHailey Bonus \n(Media)\n714-874-7732\nCRC.Communications@crc.com\n\nDaniel Juck\n(Investor Relations)        \n818-661-3700\nCRC_IR@crc.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5e3e9064-e701-4c04-bf41-2203b9b962c5)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-31T15:30:00.158099173Z","server_sent_at_ms":1788190200158},"received_at":"2026-08-31T15:30:00.377Z","source_url":null},"analysis":{"id":"120279","press_release_id":"131372","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":[],"eventType":"operations_update","narrative":"CRC released its 2025 Sustainability Report Update, detailing a 25% reduction in Scope 1 and 2 GHG emissions since 2020 and the completion of CTV I, California's first commercial carbon capture and storage facility.\n\nThe company delivered 4.6 billion gallons of treated water to local districts in 2025—more than triple its operational freshwater consumption—while recycling or reclaiming 75% of produced water.\n\nCommunity contributions included over $130 million in state and local taxes and fees, alongside nearly $10 million invested in methane detection and prevention initiatives since 2020.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine ESG update highlights completion of first commercial CCS facility in California."},"keyFigures":{"customDimensions":{"employee_count":1500,"ghg_reduction_pct":"25%","taxes_fees_paid_usd":130000000,"water_recycling_pct":"75%","water_delivered_gallons":4600000000,"community_investment_usd":2000000,"ctv_i_capacity_metric_tons":1600000,"emissions_avoided_metric_tons":1610000,"methane_detection_investment_usd":10000000}},"quotedText":"Our 2025 Sustainability Update reflects the progress we've made advancing responsible energy production, scaling CTV and investing in the infrastructure needed to strengthen California's energy security while supporting the state's climate ambitions.","namedEntities":{"people":[{"name":"Francisco Leon","role":"President and Chief Executive Officer"},{"name":"Chris Gould","role":"Executive Vice President, Chief Sustainability Officer, Managing Director CTV Holdings"}],"products":["CTV I"],"companies":[{"name":"California Resources Corporation","ticker":"CRC"},{"name":"Carbon TerraVault","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$10 million","context":"investment in methane detection, prevention and abatement since 2020"},{"amount":"$2 million","context":"investment in workforce training, education, food security and local economic development"},{"amount":"$130 million","context":"state and local taxes, fees and related payments"}]},"materialImpact":{"score":2,"reasoning":"Routine sustainability disclosure outlining progress on known strategic initiatives. While the completion of the CTV I facility is a notable operational milestone, the release does not contain financial guidance, earnings data, or immediate market-moving events."},"tickerRelevance":{"others":[],"primary":"CRC"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"operational-update-esg","sectorWeight":"energy"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"CRC released its 2025 Sustainability Report Update, detailing a 25% reduction in Scope 1 and 2 GHG emissions since 2020 and the completion of CTV I, California's first commercial carbon capture and storage facility.\n\nThe company delivered 4.6 billion gallons of treated water to local districts in 2025—more than triple its operational freshwater consumption—while recycling or reclaiming 75% of produced water.\n\nCommunity contributions included over $130 million in state and local taxes and fees, alongside nearly $10 million invested in methane detection and prevention initiatives since 2020.","key_figures":{"customDimensions":{"employee_count":1500,"ghg_reduction_pct":"25%","taxes_fees_paid_usd":130000000,"water_recycling_pct":"75%","water_delivered_gallons":4600000000,"community_investment_usd":2000000,"ctv_i_capacity_metric_tons":1600000,"emissions_avoided_metric_tons":1610000,"methane_detection_investment_usd":10000000}},"named_entities":{"people":[{"name":"Francisco Leon","role":"President and Chief Executive Officer"},{"name":"Chris Gould","role":"Executive Vice President, Chief Sustainability Officer, Managing Director CTV Holdings"}],"products":["CTV I"],"companies":[{"name":"California Resources Corporation","ticker":"CRC"},{"name":"Carbon TerraVault","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$10 million","context":"investment in methane detection, prevention and abatement since 2020"},{"amount":"$2 million","context":"investment in workforce training, education, food security and local economic development"},{"amount":"$130 million","context":"state and local taxes, fees and related payments"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-31T15:31:52.067Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"mid-cap","eventGravity":"operational-update-esg","sectorWeight":"energy"}},"durationMs":111699,"modelName":"glm-4.7"}}