Strathcona Resources Ltd
Strathcona Resources Ltd., a prominent player in the Canadian energy sector, is headquartered in Calgary, Alberta. Founded in 2018, the company has rapidly established itself in the oil and gas industry, focusing on exploration, production, and development of hydrocarbon resources across Western Canada. Strathcona's core offerings include conventional oil and natural gas production, with a commitment to sustainable practices that set it apart in a competitive market. The company has achieved significant milestones, including strategic acquisitions that have bolstered its operational capacity and market presence. With a strong emphasis on innovation and efficiency, Strathcona Resources Ltd. continues to enhance its position as a leading independent energy producer, dedicated to delivering value while prioritising environmental stewardship.
DitchCarbon Score
How does Strathcona Resources Ltd'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 Gas/Diesel Oil 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
Strathcona Resources Ltd's score of 27 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Strathcona Resources Ltd's reported carbon emissions
In 2023, Strathcona Resources Ltd, headquartered in Canada, reported total carbon emissions of approximately 280,391,000 kg CO2e. This figure includes 253,968,000 kg CO2e from Scope 1 emissions, 26,423,000 kg CO2e from Scope 2 emissions, and 262,118,000 kg CO2e from Scope 3 emissions. This represents a decrease from 2022, where total emissions were about 312,306,000 kg CO2e, with Scope 1 at 280,637,000 kg CO2e, Scope 2 at 31,669,000 kg CO2e, and Scope 3 at a significantly higher 1,164,866,000 kg CO2e. Strathcona has set ambitious climate commitments, aiming to offset 80% of the Orion grid-power consumption with self-generated emissions-free electricity by 2025, applicable to both Scope 1 and Scope 2 emissions. Additionally, the company plans to implement an Organic Rankine Cycle system at its Orion thermal oil facility, expected to be completed in the first half of 2025. This technology will utilise waste heat recovery to generate emissions-free electricity, with an anticipated reduction of approximately 740,000 tonnes of GHG emissions by 2050. Overall, Strathcona Resources Ltd is actively working towards significant emissions reductions and has established clear targets to enhance its sustainability efforts in the coming years.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 159,209,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 00,000,000 | 000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 159,209,000 | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000,000 | 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.
Strathcona Resources Ltd 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.
