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Canadian Natural Resources
Crude Petroleum ExtractionCanadaNYSE: CNQ
Last verified 21 days agocnrl.com
Canadian Natural Resources Limited (CNRL), a leading player in the crude petroleum extraction industry, is headquartered in Calgary, Alberta. Founded in 1989, the company has established itself as a significant force in the Canadian energy sector, with major operations spanning across Western Canada and international ventures.
CNRL focuses on the exploration, development, and production of crude oil and natural gas, offering a diverse portfolio that includes heavy oil, light oil, and natural gas liquids. The company is recognised for its commitment to sustainable practices and innovative technologies, which enhance operational efficiency and reduce environmental impact.
With a strong market position, Canadian Natural Resources has achieved notable milestones, including significant production growth and strategic acquisitions. Its dedication to responsible resource development and community engagement sets CNRL apart in the competitive landscape of the energy industry.
22
DitchCarbon score
+8 vs industry average
Canadian Natural Resources’s score of 22 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Crude Petroleum Extraction is among the most carbon-intensive industries
Industry performance
0.868
20182025
The Crude Petroleum Extraction industry has reduced its overall emissions by 16% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Canadian Natural Resources's reported carbon emissions
Canadian Natural Resources, a Canadian Crude Petroleum Extraction company, reported no specified emissions data for 2023.
In 2022, Canadian Natural Resources's Scope 1 emissions were 23,250,000,000 kg CO2e, Scope 2 emissions were 3,090,000,000 kg CO2e, and Scope 3 emissions from the use of sold products were 124,000,000,000 kg CO2e. The company aims for a 40% absolute reduction in corporate Scope 1 and 2 GHG emissions by 2035, using a 2020 baseline. Additionally, Canadian Natural Resources operates within the context of Canada's federal commitment to reduce GHG emissions by 40-45% from 2005 levels by 2030.
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Canadian Natural Resources’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Canadian Natural Resources21 days ago
22
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