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 lower than 54% 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 figure reflects the company's direct greenhouse gas emissions from its operations. In comparison, the previous year, 2022, saw Scope 1 emissions of about 376,617,000 kg CO2e, indicating a reduction of approximately 80,236,000 kg CO2e year-on-year. Arc Resources has set ambitious targets for reducing its greenhouse gas emissions intensity. The company aims to achieve a 25% reduction in emissions intensity by the end of 2021, relative to a 2017 baseline. This target applies to both Scope 1 and Scope 2 emissions. Additionally, Arc France has outlined an ecological transition roadmap, targeting a 33% reduction in GHG emissions by 2030 compared to 2019 levels, applicable to both Scope 1 and Scope 2 emissions. The company has not disclosed any Scope 2 or Scope 3 emissions data for 2023, nor does it appear to have cascaded data from a parent organization. However, the commitment to reducing emissions intensity and the establishment of a clear roadmap for future reductions demonstrate Arc Resources's proactive approach to addressing climate change and its impact on the environment.
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 | 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.