Canadian Natural Resources
Canadian Natural Resources Limited (CNRL), headquartered in Calgary, Alberta, is a leading independent oil and natural gas exploration and production company. Founded in 1973, CNRL has established a strong presence in key operational regions, including Western Canada, the North Sea, and offshore Africa. Specialising in the exploration, development, and production of crude oil, natural gas, and natural gas liquids, CNRL is recognised for its commitment to sustainable practices and innovative technologies. The company’s diverse portfolio includes heavy oil, light crude oil, and natural gas, setting it apart in a competitive market. With a robust market position, CNRL has achieved significant milestones, including consistent production growth and a strong focus on environmental stewardship, making it a notable player in the energy sector.
DitchCarbon Score
How does Canadian Natural Resources'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 Salt and Mineral Mining 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
Canadian Natural Resources's score of 30 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Canadian Natural Resources's reported carbon emissions
In 2022, Canadian Natural Resources Limited (CNRL) reported significant greenhouse gas (GHG) emissions, with Scope 1 emissions totalling approximately 22,467,297,000 kg CO2e and Scope 2 emissions at about 3,092,646,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 40% reduction in absolute Scope 1 and 2 GHG emissions by 2035, using a 2020 baseline. This target reflects CNRL's commitment to align with broader climate goals, including Canada's federal commitment to reduce GHG emissions by 40-45% from 2005 levels by 2030. For 2023, CNRL has not disclosed specific emissions data, indicating a lack of reported figures for Scope 1, 2, and 3 emissions. However, the company continues to focus on its long-term reduction initiatives, which are crucial for mitigating climate impact in the oil and gas sector. The intensity of emissions for Scope 1 was reported at 49.9 tonnes CO2e per unit of revenue in 2023, while Scope 3 emissions related to the use of sold products were approximately 131,000,000 kg CO2e. CNRL's climate strategy is part of a broader industry context where companies are increasingly held accountable for their environmental impact, and the need for transparent reporting and ambitious reduction targets is paramount.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 21,030,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 2,690,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000,000 | 000,000,000,000 |
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.
Canadian Natural Resources is participating in some 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.
