Baytex Energy
Baytex Energy Corp., commonly referred to as Baytex, is a prominent Canadian oil and gas company headquartered in Calgary, Alberta. Founded in 1993, Baytex has established itself as a key player in the energy sector, primarily focusing on the exploration, development, and production of oil and natural gas. The company operates mainly in the Western Canadian Sedimentary Basin and the Eagle Ford formation in Texas, showcasing its diverse operational footprint. Baytex is recognised for its commitment to sustainable practices and efficient resource management, offering a range of high-quality crude oil and natural gas products. With a strong emphasis on innovation and operational excellence, Baytex has achieved significant milestones, including strategic acquisitions that have bolstered its market position. As a result, the company continues to be a notable entity in the North American energy landscape, dedicated to delivering value to its stakeholders while prioritising environmental stewardship.
DitchCarbon Score
How does Baytex 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 Crude Oil 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.
Industry Benchmark
Baytex Energy's score of 14 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Baytex Energy's reported carbon emissions
In 2022, Baytex Energy reported total carbon emissions of approximately 1,091,030,000 kg CO2e. This figure includes about 1,001,008,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and approximately 90,022,000 kg CO2e from Scope 2 emissions, related to purchased electricity and heat. The company has not disclosed any Scope 3 emissions data for 2022. Baytex Energy's emissions intensity for Scope 1 and Scope 2 in Canada was reported at about 47,000 kg CO2e per barrel of oil equivalent (boe) in 2022. In 2023, while specific emissions data was not available, the emissions intensity for Scope 1 and Scope 2 remained at approximately 43,000 kg CO2e per boe. Despite the significant emissions reported, Baytex Energy has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy. The company operates within the mineral fuels and oils sector, which is under increasing scrutiny for its environmental impact, highlighting the importance of transparent and ambitious climate action.
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Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2011 | 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 425,663,000 | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 179,080,000 | 000,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 604,743,000 | 000,000,000 | 000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
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.
Baytex Energy 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.
