Athabasca Oil
Athabasca Oil Corporation, commonly referred to as Athabasca Oil, is a prominent player in the Canadian oil and gas industry, headquartered in Calgary, Alberta. Founded in 2006, the company has rapidly established itself as a leader in the development of oil sands and conventional oil resources, primarily operating in the Athabasca region of Alberta. Athabasca Oil focuses on the exploration, production, and development of heavy oil and bitumen, with a commitment to sustainable practices and innovative extraction technologies. Its core products include high-quality crude oil and bitumen, which are distinguished by their low environmental impact and efficient production methods. With a strong market position, Athabasca Oil has achieved significant milestones, including strategic partnerships and successful project completions, solidifying its reputation as a forward-thinking entity in the energy sector.
DitchCarbon Score
How does Athabasca Oil'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
Athabasca Oil's score of 8 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Athabasca Oil's reported carbon emissions
In 2023, Athabasca Oil reported total carbon emissions of approximately 943,094,000 kg CO2e, comprising about 877,205,000 kg CO2e from Scope 1 and about 66,289,000 kg CO2e from Scope 2 emissions. This marks a slight increase in emissions compared to previous years, with 2022 emissions recorded at approximately 920,812,000 kg CO2e, including about 852,812,000 kg CO2e from Scope 1 and about 68,100,000 kg CO2e from Scope 2. Over the years, Athabasca Oil has seen fluctuations in its emissions, with the highest recorded in 2018 at approximately 1,028,633,000 kg CO2e (Scope 1 and 2 combined). The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formal commitments to reduce emissions at this time. Athabasca Oil's emissions data reflects its operations in the oil and gas sector, where emissions intensity is a critical metric. The company has reported GHG emissions intensity figures, with the most recent being approximately 69.0 kg CO2e per barrel of oil equivalent (boe) in 2023. As the industry faces increasing scrutiny regarding climate impact, Athabasca Oil's future commitments and strategies will be essential in addressing its carbon footprint and aligning with global climate goals.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 248,017,000 | 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 | 23,553,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
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.
Athabasca Oil is not committed to any 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.
