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.
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.
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.
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.
In 2023, Athabasca Oil reported total carbon emissions of approximately 943,494,000 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's emissions have fluctuated significantly. For instance, in 2015, the company emitted about 270,550,000 kg CO2e (Scope 1: 248,017,000 kg CO2e; Scope 2: 23,553,000 kg CO2e), while emissions peaked in 2017 at approximately 995,074,000 kg CO2e (Scope 1: 920,874,000 kg CO2e; Scope 2: 75,120,000 kg CO2e). Despite these figures, Athabasca Oil has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within the mineral fuels and oils sector, which is under increasing scrutiny for its environmental impact, particularly regarding greenhouse gas emissions. As the industry evolves, Athabasca Oil's future climate commitments and strategies will be crucial in addressing its carbon footprint and aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2015 | 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 | - | - | - | - | - | - | - | - | - |
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.