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.
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.
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.
Baytex Energy's score of 8 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Baytex Energy reported total carbon emissions of approximately 1,091,030,000 kg CO2e, which includes 1,001,008,000 kg CO2e from Scope 1 emissions and 90,022,000 kg CO2e from Scope 2 emissions. The company's GHG emissions intensity for the same year was about 43,000 kg CO2e per barrel of oil equivalent (boe) for its Canadian segment. In 2022, Baytex Energy's emissions were slightly lower, with a total of approximately 1,091,030,000 kg CO2e, comprising 1,001,008,000 kg CO2e from Scope 1 and 90,022,000 kg CO2e from Scope 2. The GHG emissions intensity for that year was also reported at about 43,000 kg CO2e per boe. Baytex Energy has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded data from any parent organization, and its emissions data is self-reported. The absence of significant reduction targets suggests that while Baytex Energy is aware of its emissions profile, it may not yet have formalised a comprehensive strategy for emissions reduction. Overall, Baytex Energy's emissions data reflects its operations in the mineral fuels and oils sector, with a focus on transparency in reporting its carbon footprint.
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 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 | - | - | - | - | 000,000,000 | 000,000,000 | 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.
Baytex Energy 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.