Crescent Point Energy
Crescent Point Energy Corporation, commonly referred to as Crescent Point, is a prominent Canadian oil and gas exploration and production company headquartered in Calgary, Alberta. Founded in 2001, the company has established itself as a key player in the North American energy sector, primarily focusing on the development of light and medium oil resources across its major operational regions, including Saskatchewan and Alberta. Crescent Point is renowned for its innovative approach to resource extraction, employing advanced technologies to enhance production efficiency and sustainability. The company’s core offerings include oil and natural gas production, with a commitment to responsible environmental practices. Notably, Crescent Point has achieved significant milestones, including strategic acquisitions that have bolstered its market position, making it one of the leading independent oil producers in Canada.
DitchCarbon Score
How does Crescent Point Energy'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 Natural Gas Liquids 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
Crescent Point Energy's score of 10 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Crescent Point Energy's reported carbon emissions
Crescent Point Energy, headquartered in Canada, has reported significant carbon emissions data for the years 2016 to 2022. In 2022, the company emitted approximately 719,333,000 kg CO2e from Scope 1 emissions and about 586,092,000 kg CO2e from Scope 2 emissions. This represents a notable reduction from 2016, when emissions were approximately 2,411,090,530 kg CO2e for Scope 1 and about 911,172,520 kg CO2e for Scope 2. Over the years, Crescent Point Energy has demonstrated a commitment to reducing its carbon footprint. The company achieved a Scope 1 and 2 emissions intensity of approximately 0.413 metric tons CO2e per barrel of oil equivalent (boe) in 2022, down from 2.109 metric tons CO2e per boe in 2016. This indicates a substantial improvement in operational efficiency and a shift towards more sustainable practices. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by Crescent Point Energy. The company continues to navigate the challenges of the energy sector while addressing climate change and its associated impacts.
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Get Started| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 2,411,090,530 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 911,172,520 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
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.
Crescent Point Energy is not committed to any reduction initiatives 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.
