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 10 is lower than 70% 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 943,095,000 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 slight increase from 2022, where emissions were approximately 920,812,000 kg CO2e, with Scope 1 at about 852,812,000 kg CO2e and Scope 2 at about 68,100,000 kg CO2e. Over the past few years, Athabasca Oil has shown fluctuations in emissions, with 2021 emissions at approximately 940,972,000 kg CO2e, including about 868,862,000 kg CO2e from Scope 1 and about 71,311,000 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data. Despite the lack of specific reduction targets or initiatives outlined in their recent reports, Athabasca Oil continues to monitor and report its emissions, indicating a commitment to transparency in its environmental impact. The company operates within the mineral fuels and oils sector, which is under increasing scrutiny for its carbon footprint, highlighting the importance of ongoing efforts to address climate change.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - | - | - | - | - | - | - |
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.