Arc Resources Ltd., commonly referred to as Arc Resources, is a prominent player in the North American energy sector, headquartered in the United States. Founded in 1996, the company has established itself as a leader in natural gas and oil production, primarily operating in key regions across Canada. Specialising in the exploration and development of hydrocarbon resources, Arc Resources is recognised for its commitment to sustainable practices and innovative technologies. The company’s core offerings include natural gas, crude oil, and natural gas liquids, distinguished by their focus on efficiency and environmental stewardship. With a strong market position, Arc Resources has achieved significant milestones, including strategic acquisitions and a robust portfolio of assets. Its dedication to operational excellence and responsible resource management has solidified its reputation as a trusted name in the energy industry.
How does Arc Resources'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.
Mean score of companies in the Natural Gas Extraction 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.
Arc Resources's score of 13 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Arc Resources reported total Scope 1 emissions of approximately 296,381,000 kg CO2e. This marks a decrease from 2022, where emissions were about 376,617,000 kg CO2e, and from 2021, which saw emissions of around 419,978,000 kg CO2e. The company has set ambitious targets to reduce its greenhouse gas (GHG) emissions intensity by 20% by the end of 2025, using 2019 as the baseline for both Scope 1 and Scope 2 emissions. Additionally, Arc Resources aims for a significant reduction of 33% in GHG emissions by 2030 compared to 2019 levels, as part of its ecological transition roadmap. Historically, the company has made strides in reducing its emissions, achieving a 25% reduction target for GHG emissions intensity by the end of 2021 relative to a 2017 baseline. This commitment reflects Arc Resources's proactive approach to addressing climate change and its dedication to sustainability within the industry. Overall, Arc Resources continues to focus on reducing its carbon footprint while maintaining operational efficiency, aligning with global climate goals and industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 642,890,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 402,479,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | - | - |
Scope 3 | - | - | - | - | - | - | - | - | - | - | - |
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.
Arc Resources is not participating in any 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.