Baytex Energy
Baytex Energy Corp., commonly referred to as Baytex, is a prominent Canadian oil and gas company headquartered in Calgary, Alberta. Founded in 1993, Baytex has established itself as a key player in the energy sector, primarily focusing on the exploration, development, and production of oil and natural gas. The company operates mainly in the Western Canadian Sedimentary Basin and the Eagle Ford formation in Texas, showcasing its diverse operational footprint. Baytex is recognised for its commitment to sustainable practices and efficient resource management, offering a range of high-quality crude oil and natural gas products. With a strong emphasis on innovation and operational excellence, Baytex has achieved significant milestones, including strategic acquisitions that have bolstered its market position. As a result, the company continues to be a notable entity in the North American energy landscape, dedicated to delivering value to its stakeholders while prioritising environmental stewardship.
DitchCarbon Score
How does Baytex Energy'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
Baytex Energy's score of 12 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Baytex Energy's reported carbon emissions
In 2022, Baytex Energy reported total carbon emissions of approximately 1,091,030,000 kg CO2e. This figure includes 1,001,008,000 kg CO2e from Scope 1 emissions, which primarily consist of direct emissions from their operations, and 90,022,000 kg CO2e from Scope 2 emissions, related to indirect emissions from purchased electricity. Notably, the company has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. In previous years, emissions have fluctuated significantly. For instance, in 2021, total emissions were about 1,173,678,000 kg CO2e, with Scope 1 emissions at 1,173,677,000 kg CO2e and Scope 2 at 95,395,000 kg CO2e. The trend indicates a general decrease in emissions from 2018, when total emissions peaked at approximately 2,842,590,000 kg CO2e. Baytex Energy's commitment to addressing climate change is evident through their ongoing monitoring of emissions across all scopes, including Scope 3 emissions, which accounted for a substantial portion of their total emissions in previous years. However, without specific reduction targets or initiatives outlined, the company's long-term climate strategy remains unclear. Overall, while Baytex Energy has made strides in tracking and reporting their emissions, further clarity on their climate commitments and reduction strategies would enhance their sustainability profile.
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Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2010 | 2011 | 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 425,663,000 | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 179,080,000 | 000,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 604,743,000 | 000,000,000 | 000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
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.
Baytex Energy 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.
