Crescent Point Energy

Crescent Point Energy's reported carbon emissions

In 2022, Crescent Point Energy, headquartered in Canada, reported total carbon emissions of approximately 1.3 billion kg CO2e. This figure includes 719,333,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 586,092,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Notably, the company does not currently disclose Scope 3 emissions data. Crescent Point Energy's emissions have shown a downward trend over recent years. For instance, in 2021, the total emissions were approximately 1.43 billion kg CO2e, with Scope 1 emissions at 749,618,000 kg CO2e and Scope 2 emissions at 679,700,000 kg CO2e. This indicates a reduction in emissions from 2021 to 2022. Despite these reductions, Crescent Point Energy has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The company’s emissions data is cascaded from its parent organization, Veren Inc., reflecting a merged entity relationship. Crescent Point Energy continues to focus on improving its sustainability practices, although further commitments and targets would enhance its climate strategy.