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 92% 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, with Scope 1 emissions accounting for about 1,001,008,000 kg CO2e and Scope 2 emissions at approximately 90,022,000 kg CO2e. The company has disclosed emissions data across all three scopes (Scope 1, 2, and 3), with Scope 3 emissions reaching approximately 1,091,030,000 kg CO2e. Baytex Energy's emissions have fluctuated over the years, with significant peaks observed in 2018, where total emissions reached approximately 2,842,590,000 kg CO2e. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a lack of formalised strategies for emissions reduction at this time. The company continues to report on its emissions and has made efforts to improve its emissions intensity, with the latest reported intensity for Scope 1 and 2 emissions in Canada being approximately 43,000 kg CO2e per barrel of oil equivalent (boe). As of 2023, Baytex Energy has not disclosed any new emissions data, suggesting a potential focus on refining its reporting and sustainability strategies moving forward.
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Access structured emissions data, company-specific emission factors, and source documents
| 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.
