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 12 is higher than 65% 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 carbon emissions of approximately 296,381,000 kg CO2e, all of which fall under Scope 1 emissions. This marks a significant reduction from previous years, particularly from 2015 when total emissions reached about 1,400,000,000 kg CO2e, which included 1,400,000,000 kg CO2e in Scope 1, 400,000,000 kg CO2e in Scope 2, and 2,000,000,000 kg CO2e in Scope 3. Over the years, Arc Resources has demonstrated a commitment to reducing its carbon footprint. For instance, emissions in 2021 were about 419,978,000 kg CO2e (Scope 1) and 41,531,000 kg CO2e (Scope 2), showing a trend towards lower emissions. However, there are currently no specific reduction targets or climate pledges documented, indicating a potential area for future commitment. Overall, while Arc Resources has made strides in reducing its emissions, particularly in Scope 1, the absence of formal reduction targets suggests that further initiatives may be necessary to enhance its climate commitments and align with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 642,890,000 | 000,000,000 | 0,000,000,000 | 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 | 000,000,000 | 00,000,000 | 00,000,000 | - |
Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - | - |
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 committed to some reduction initiatives 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.