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 943,095,000 kg CO2e, comprising about 877,205,000 kg CO2e from Scope 1 and about 66,289,000 kg CO2e from Scope 2 emissions. This represents a significant operational footprint in the oil and gas sector, with a GHG emissions intensity of 69.0 kg CO2e per barrel of oil equivalent (boe). Over the years, Athabasca Oil has shown fluctuations in its emissions. For instance, in 2015, the company emitted about 271,547,000 kg CO2e, with Scope 1 emissions at approximately 248,017,000 kg CO2e and Scope 2 at about 23,553,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. Despite the lack of specific reduction targets or initiatives outlined in their recent reports, Athabasca Oil's emissions data indicates a commitment to monitoring and reporting its carbon footprint. The company has not set formal reduction targets under the Science Based Targets initiative (SBTi) or similar frameworks, nor has it made specific climate pledges. Overall, Athabasca Oil's emissions profile highlights the challenges faced by the fossil fuel industry in addressing climate change, while the absence of defined reduction strategies suggests an area for potential improvement in their sustainability commitments.
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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.
