Crescent Point Energy
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.
-5 vs industry average
Crescent Point Energy’s score of 11 is lower than 36% 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
Natural Gas Liquids is among the most carbon-intensive industries
Industry performance
The Natural Gas Liquids industry has reduced its overall emissions by 98% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Crescent Point Energy's reported carbon emissions
Crescent Point Energy, headquartered in CA and operating in the Natural Gas Liquids sector, has reported a decrease in its Scope 1 and Scope 2 emissions over recent years. In 2022, the company's total Scope 1 and 2 emissions amounted to approximately 1.31 billion kg CO2e, a reduction from approximately 1.43 billion kg CO2e in 2021. This trend of reduction is also evident when comparing to 2020, where emissions were approximately 1.51 billion kg CO2e, and 2019, with approximately 2.66 billion kg CO2e.
Further back, in 2018, Scope 1 and 2 emissions totalled approximately 2.68 billion kg CO2e, and in 2017, they were approximately 2.82 billion kg CO2e. The earliest reported data for 2016 shows emissions of approximately 3.32 billion kg CO2e.
Crescent Point Energy has not publicly disclosed specific reduction targets or commitments at the organizational level in the provided information. However, the company's emissions data indicates a downward trend in direct emissions, which is a key aspect of climate mitigation efforts within the energy industry. Scope 3 emissions data is not currently disclosed.
It is important to note that Crescent Point Energy's emissions data is cascaded from Veren Inc., indicating that the reported figures are part of a merged entity and are inherited from Veren Inc. at cascade level 1, with a relationship type of "merged_entity".
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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.
Emissions comparison with industry peers
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