Arc Resources Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Arc Resources's score of 13 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arc Resources's reported carbon emissions
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 recorded approximately 419,978,000 kg CO2e. The company has set ambitious targets to reduce greenhouse gas emissions intensity by 25% by the end of 2021, relative to a 2017 baseline, and aims for an additional 20% reduction in intensity by 2025. Furthermore, Arc France has committed to reducing its GHG emissions by a third by 2030 compared to 2019 levels, applicable to both Scope 1 and Scope 2 emissions. Historically, Arc Resources has shown a trend of decreasing emissions, with 2020 emissions at about 396,839,000 kg CO2e and 2019 emissions at approximately 505,159,000 kg CO2e, which included both Scope 1 and Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. These commitments and reductions reflect Arc Resources's proactive approach to addressing climate change and enhancing sustainability within its operations.
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| 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 | - | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Arc Resources's Industry?
How Carbon Intensive is Arc Resources's Location?
Arc Resources's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Arc Resources has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
