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Certain Non-Core Alberta Heavy Oil Assets of Gear Energy Ltd
Gear Energy Ltd., a prominent player in the Canadian oil and gas sector, is headquartered in Calgary, Alberta. Founded in 2010, the company has established itself as a key operator in the heavy oil market, focusing primarily on the development and production of non-core heavy oil assets in Alberta. With a commitment to operational excellence, Gear Energy Ltd. offers a range of services centred around enhanced oil recovery and efficient resource management. The company’s strategic approach to asset optimisation has positioned it favourably within the industry, allowing it to achieve significant milestones in production and sustainability. Recognised for its innovative techniques and strong market presence, Gear Energy Ltd. continues to contribute to Alberta's energy landscape while prioritising environmental stewardship and community engagement.
DitchCarbon Score
How does Certain Non-Core Alberta Heavy Oil Assets of Gear Energy Ltd'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 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
Certain Non-Core Alberta Heavy Oil Assets of Gear Energy Ltd's score of 9 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Certain Non-Core Alberta Heavy Oil Assets of Gear Energy Ltd currently does not report specific carbon emissions data, as no emissions figures are available. The organization is a current subsidiary of Gear Energy Ltd, which may influence its climate commitments and emissions reporting. While there are no documented reduction targets or climate pledges from Certain Non-Core Alberta Heavy Oil Assets, emissions data may be inherited from its parent company, Gear Energy Ltd. Additionally, performance metrics may be cascaded from Cenovus Energy Inc., which is at a cascade level of 2 in the corporate hierarchy. As of now, the absence of specific emissions data and reduction initiatives indicates a need for further transparency and commitment to climate action within the sector. The industry context suggests that many companies are increasingly focusing on setting science-based targets and improving sustainability practices, which may eventually influence the operations of Certain Non-Core Alberta Heavy Oil Assets.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,657,427,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | - | - | 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 | 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.
Certain Non-Core Alberta Heavy Oil Assets of Gear Energy Ltd 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.
