Better Health for All

Diamondback Energy's core business of oil and natural gas extraction means 100% of its principal goods and services have inherent negative health impacts, and 100% of its revenue is derived from products with well-established negative health outcomes. The company has incurred approximately $5.69 million in penalties for environmental offenses, including air pollution violations, which adversely affect public health in nearby communities.

To mitigate these health externalities, Diamondback Energy invested $50 million into Verde Clean Fuels Inc. in December 2024 to develop natural gas-to-gasoline production plants, aiming to reduce flaring by up to 34 million cubic feet of natural gas per day and decrease air pollution. The company also set targets to cut Scope 1 greenhouse gas intensity by at least 50% and methane intensity by at least 70% from 2019 levels by 2024. By 2025, it plans to source over 65% of water for operations from recycled sources, having already achieved 73% in 2023. The company's products do not have direct safety implications for physical or mental health, making the safety record KPI not applicable.

Fair Pay & Worker Respect

Diamondback Energy reported a Total Recordable Incident Rate (TRIR) of 0.30 in 2023

and no work-related fatalities from 2019 through 2023 . The company provides comprehensive health, dental, vision, and life insurance with no premiums for employees, along with health and wellness benefits . The overall employee turnover rate was approximately 14% in 2023 .

Fair Trade & Ethical Sourcing

The provided articles for Diamondback Energy Inc. focus on environmental and safety initiatives, such as GHG intensity reduction and water recycling. In 2022, the company offset approximately 1.5 million tons of CO2 emissions with voluntary carbon credits

. Additionally, they recycled 41% of the water used, exceeding their target of 28% . While a Code of Business Conduct and Ethics is mentioned , , there is no specific, quantifiable data regarding fair trade certifications, supply chain audit frequency, forced or child labor incidents, supply chain traceability, remediation speed for violations, ethical clause coverage in supplier contracts, spend on high-risk materials, or supplier diversity spend. Therefore, no KPIs can be scored based on the available evidence.

Honest & Fair Business

Diamondback Energy's Board of Directors comprises a supermajority of independent members, and the roles of Chairman and CEO are separate.

The company has a compliance program that includes leadership, standards, exclusion of bad actors, training, monitoring, and appropriate disciplinary actions. This program also features policies addressing conflicts of interest, confidentiality, and employment issues.

Kind to Animals

Diamondback Energy Inc. does not have specific animal welfare policies, indicating no public position or advocacy on animal welfare legislation

. While the company engages in environmental initiatives such as habitat restoration and planting over 300 trees , the provided evidence does not include measurable biodiversity impact metrics or a percentage of revenue allocated to conservation, preventing a score for wildlife conservation impact. No information is available regarding cruelty-free certifications, animal testing, animal husbandry, ethical sourcing of animal products, or related R&D investments, making these KPIs not applicable or unscorable.

No War, No Weapons

Diamondback Energy is an independent oil and natural gas company focused on energy production. Its core business activities do not involve arms or defense contracts, and there is no evidence of the company having any defense-related assets or exposure to controversial weapons. The board includes a retired general whose presence is noted for insights into corporate governance and risk management

, consistent with a company not operating in the defense sector. The company's agreement to power operations with fission reactors is for emission-free electricity and operational efficiency , not peacebuilding initiatives.

Planet-Friendly Business

Diamondback Energy achieved zero net Scope 1 emissions for 2022 by offsetting approximately 1.5 million tons of CO₂ using voluntary carbon credits, aligning with its "Net Zero Now" initiative by 2021.

The company also committed to reducing Scope 1 greenhouse gas intensity by at least 50% from 2019 levels by 2024 , having achieved a 20% reduction by 2022. Furthermore, it is striving to reduce methane intensity by 70% from 2019 levels by 2024 , with a 75% reduction target by 2025 , and invested $12.5 million in methane detection technology in 2023. In water management, the company exceeded its 2025 goal by sourcing 73% of operational water from recycled sources by 2023.

Respect for Cultures & Communities

Diamondback Energy has established 23 formal partnerships with various local community and educational groups, including the Permian Strategic Partnership, Keep Midland Beautiful, Odessa College, and Midland Independent School District.

The company provides grievance mechanisms for community concerns, including a toll-free phone number posted at every property and a 24-hour Compliance Hotline. There are no reported cultural appropriation incidents. Diamondback Energy is committed to protecting culturally sensitive areas and has reported no incidents disrupting such sites. The company addresses issues related to cultural heritage with respect and dialogue, investigates complaints, and maintains a zero-tolerance policy for discrimination.

Safe & Smart Tech

Diamondback Energy acknowledges cyber risks and has implemented a comprehensive cybersecurity risk management program.

This program includes risk assessments, third-party penetration testing, adherence to the NIST Cybersecurity Framework, a dedicated security team, deployment of security tools, employee training, and a cybersecurity incident response plan. Governance is led by the Senior VP and CIO, with quarterly updates provided to the audit committee. Controls and procedures are designed to protect systems and remediate vulnerabilities. However, the provided information does not contain the specific quantitative data points required by the rubric to score any of the KPIs, such as data breach severity, cybersecurity investment as a percentage of revenue, specific certification details, employee training effectiveness metrics, encryption coverage, security testing coverage percentages, or vulnerability remediation timeframes.

Zero Waste & Sustainable Products

Diamondback Energy sourced 73% of the water used in drilling and completion operations from recycled sources in 2023, surpassing its 2025 target of over 65%.

A drilling water reuse program implemented in early 2024 repurposes 100% of remaining drilling water for completion processes, resulting in approximately 8,000 fewer trucks for hauling. The company conducts monthly internal environmental audits and semiannual inspections. In 2023, there were no material fines or penalties for water-related regulatory violations. Diamondback has multiple waste reduction initiatives, including investments in water recycling infrastructure, a target to flare less than 2% of total gas produced, and a partnership to convert stranded natural gas into renewable gasoline. They also implement water-based drilling fluids to reduce oil-based mud use and treat oil-based mud cuttings for TPH removal onsite before deep burial, optimizing H2S scavenger use. The reuse of drilling water and caliche rock demonstrates circular design principles in operations.