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.
+14 vs industry average
Canadian Natural Resources’s score of 22 is higher than 69% 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
Crude Petroleum Extraction is among the most carbon-intensive industries
Industry performance
The Crude Petroleum Extraction industry has reduced its overall emissions by 30% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Canadian Natural Resources's reported carbon emissions
Canadian Natural Resources Limited (CNRL) is a Canadian crude petroleum extraction company. In 2022, CNRL reported a Scope 1 emissions total of approximately 23,250,000,000 kg CO2e and Scope 2 emissions of approximately 3,090,000,000 kg CO2e. Scope 3 emissions for the use of sold products in the same year were approximately 124,000,000,000 kg CO2e.
The company has set a long-term target to achieve a 40% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 2035, using a 2020 baseline. This target is aligned with the Canadian federal government's commitment to reduce GHG emissions by 40-45% from 2005 levels by 2030.
In 2023, while specific emissions data was not provided, CNRL reported an intensity figure of approximately 44.0 kg CO2e per unit of revenue for all selected scopes. Scope 1 intensity was reported at approximately 49.9 kg CO2e per tonne, and Scope 3, Category 11 (use of sold products) intensity was approximately 131,000 kg CO2e per tonne.
Prior to 2022, CNRL reported Scope 1 and Scope 2 emissions individually. For instance, in 2021, Scope 1 was approximately 23,150,000,000 kg CO2e and Scope 2 was approximately 3,260,000,000 kg CO2e. Scope 3 for the use of sold products in 2021 was approximately 132,000,000,000 kg CO2e. Emissions data for earlier years, such as 2020, 2019, 2018, 2017, 2016, 2015, 2014, and 2013, are available but without a consolidated total emissions figure in the provided data. For example, in 2020, Scope 1 was approximately 23,810,000,000 kg CO2e and Scope 2 was approximately 3,220,000,000 kg CO2e. In 2016, Scope 1 was approximately 3,910,000,000 kg CO2e and Scope 2 was approximately 290,000,000 kg CO2e, with Scope 3 at approximately 1,500,000,000 kg CO2e.
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Canadian Natural Resources’s Climate Goals (2030 & 2050)
3 goals2030
42.5% reduction in all scopes
In Canada, the federal government has ratified the Paris climate change agreement, with a commitment to reduce GHG emissions by 40 - 45% fro…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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