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 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 12 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any other climate pledges. Historically, Baytex's emissions have fluctuated, with significant emissions recorded in previous years. For instance, in 2018, total emissions reached about 2,842,590,000 kg CO2e, primarily driven by Scope 1 emissions of approximately 2,739,887,000 kg CO2e. The company has not provided recent data for 2023 or 2025, indicating a lack of transparency regarding ongoing emissions or commitments. Baytex Energy's emissions profile highlights the challenges faced by the oil and gas sector in managing greenhouse gas emissions, particularly in Scope 3, which includes emissions from purchased goods and services, amounting to approximately 604,743,000 kg CO2e in 2010. The absence of defined reduction targets suggests that Baytex may need to enhance its climate strategy to align with industry standards and stakeholder expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2010 | 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 | - |
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 committed to some 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.