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Crescent Point Energy Corporation, commonly referred to as Crescent Point, is a prominent player in the natural gas liquids industry, headquartered in Calgary, Alberta, Canada. Founded in 2001, the company has established itself as a leader in the exploration and production of oil and natural gas, with significant operations across key regions in Western Canada and the United States.
Crescent Point's core offerings include the extraction and processing of natural gas liquids, which are essential for various industrial applications. The company is recognised for its innovative approaches to resource development and commitment to sustainability, setting it apart in a competitive market. With a strong focus on operational efficiency and strategic acquisitions, Crescent Point has achieved notable milestones, solidifying its position as a reliable energy provider in North America.
11
DitchCarbon score
-6 vs industry average
Crescent Point Energy’s score of 11 is lower than 34% 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
Natural Gas Liquids is among the most carbon-intensive industries
Industry performance
0.868
20182025
The Natural Gas Liquids 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.
Crescent Point Energy's reported carbon emissions
Crescent Point Energy, a Canadian Natural Gas Liquids company, reported total Scope 1 emissions of approximately 719,333,000 kg CO2e and Scope 2 emissions of about 586,092,000 kg CO2e in 2022. This emissions data is cascaded from its merged entity, Veren Inc.
The company's Scope 1 emissions, directly from its operations, decreased from approximately 749,618,000 kg CO2e in 2021 to 719,333,000 kg CO2e in 2022. Fugitive emissions, a component of Scope 1, were approximately 8,721,000 kg CO2e in 2022, down from 22,168,000 kg CO2e in 2021. Scope 2 emissions, from purchased electricity, also saw a reduction from about 679,700,000 kg CO2e in 2021 to 586,092,000 kg CO2e in 2022.
While no specific company-wide emissions reduction targets are currently reported, Crescent Point Energy's emissions intensity (Scope 1 and 2 combined) for its primary commodity, mineral fuels and related products, was approximately 31.0 kg CO2e per barrel of oil equivalent (boe) in both 2021 and 2022. The company does not currently disclose Scope 3 emissions data.
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Crescent Point Energy’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Crescent Point Energy yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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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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Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Crescent Point Energy27 days ago
11
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