Suncor Energy
Suncor Energy Inc., a leading integrated energy company headquartered in Calgary, Canada, has been a pivotal player in the oil and gas industry since its founding in 1919. With a strong presence in Canada’s oil sands, Suncor operates major facilities in Alberta and has expanded its reach into renewable energy sectors, reflecting its commitment to sustainability. The company’s core business areas include oil sands development, refining, and marketing of petroleum products, alongside a growing portfolio in renewable energy. Suncor is renowned for its innovative approaches to resource extraction and environmental stewardship, positioning itself as a market leader in the transition to cleaner energy solutions. Notable achievements include its significant contributions to Canada’s energy landscape and ongoing investments in technology to enhance operational efficiency and reduce greenhouse gas emissions.
DitchCarbon Score
How does Suncor Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Petroleum Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Suncor Energy's score of 37 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Suncor Energy's reported carbon emissions
In 2022, Suncor Energy reported total carbon emissions of approximately 34,960,000,000 kg CO2e, with Scope 1 emissions at about 33,520,000,000 kg CO2e and Scope 2 emissions at around 1,450,000,000 kg CO2e. The company has consistently disclosed emissions across all three scopes, with significant emissions recorded in previous years, including 34,150,000,000 kg CO2e in 2021 and 33,430,000,000 kg CO2e in 2020. Suncor's emissions profile shows a trend of high Scope 1 emissions, primarily from direct operations, while Scope 3 emissions, which account for indirect emissions from the value chain, have also been substantial, peaking at approximately 127,600,000,000 kg CO2e in 2021. Despite the high emissions figures, Suncor has not publicly committed to specific reduction targets or initiatives as part of its climate strategy. The absence of documented reduction targets suggests a need for clearer commitments to align with industry standards for climate action. The company continues to engage in sustainability reporting, reflecting its operational emissions and efforts to address climate change, but further transparency regarding reduction strategies would enhance its climate commitments.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 20,577,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 1,413,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 1,594,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000,000 | 000,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Suncor Energy is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
