Bankers Petroleum Ltd. Sustainability Profile
Bankers Petroleum Ltd., a prominent player in the oil and gas industry, is headquartered in Calgary, Alberta, Canada. Founded in 2001, the company has established itself as a leader in the exploration and production of oil, particularly in the Patos-Marinza oilfield in Albania, which is one of the largest onshore oilfields in Europe. Specialising in enhanced oil recovery techniques, Bankers Petroleum focuses on maximising production efficiency while maintaining environmental responsibility. The company’s commitment to innovation and sustainability has positioned it favourably within the market, earning recognition for its operational excellence and strategic growth initiatives. With a strong emphasis on core values and community engagement, Bankers Petroleum continues to make significant strides in the energy sector.
DitchCarbon Score
How does Bankers Petroleum Ltd.'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 Crude Oil Extraction 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
Bankers Petroleum Ltd.'s score of 9 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bankers Petroleum Ltd.'s reported carbon emissions
In 2023, Bankers Petroleum Ltd. reported total carbon emissions of approximately 1,609,456,000 kg CO2e. This figure includes Scope 1 emissions of about 24,800,000 kg CO2e, Scope 2 emissions of approximately 3,156,000 kg CO2e, and a significant contribution from Scope 3 emissions, which total around 1,581,500,000 kg CO2e. Despite the substantial emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from Bankers Petroleum Ltd. This lack of specific commitments may reflect the broader industry context, where many oil and gas companies are under increasing pressure to enhance their sustainability practices and reduce their carbon footprints. It is important to note that the emissions data for Bankers Petroleum Ltd. is cascaded from its corporate family relationship, with the source organization being Bankers Petroleum Ltd. itself. The company has not reported any initiatives or targets through frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). As the company continues to operate within the global energy sector, its emissions profile and climate commitments will be critical in assessing its environmental impact and alignment with industry sustainability trends.
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| 2023 | |
|---|---|
| Scope 1 | 24,800,000 |
| Scope 2 | 3,156,000 |
| Scope 3 | 1,581,500,000 |
How Carbon Intensive is Bankers Petroleum Ltd.'s Industry?
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Bankers Petroleum Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bankers Petroleum Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
