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 10 is lower 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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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 reflects 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's emissions have fluctuated significantly. For instance, in 2015, the company reported approximately 271,550,000 kg CO2e, with 248,017,000 kg CO2e from Scope 1 and 23,553,000 kg CO2e from Scope 2. The highest emissions were recorded in 2017, with approximately 995,074,000 kg CO2e, primarily from Scope 1 emissions. Despite these figures, Athabasca Oil has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the industry context, particularly as global pressure mounts for oil and gas companies to address climate change proactively. Overall, while Athabasca Oil continues to operate within the fossil fuel sector, its emissions data indicates a complex trajectory that necessitates further scrutiny and potential action towards sustainability and carbon neutrality.
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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 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.
