Crescent Point Energy
Crescent Point Energy Corporation, commonly referred to as Crescent Point, is a leading Canadian oil and gas exploration and production company headquartered in Calgary, Alberta. Established in 2001, the company has grown significantly, focusing primarily on the development of high-quality light and medium crude oil resources in key regions such as the Bakken and the Duvernay. 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. With a strong market position, Crescent Point has achieved notable milestones, including a robust portfolio of assets and a reputation for operational excellence in the energy sector.
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 71% 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's carbon emissions data reveals a significant reduction trend over recent years. In 2022, the company reported approximately 719,000 tonnes CO2e in Scope 1 emissions and about 586,000 tonnes CO2e in Scope 2 emissions, resulting in a total of around 1.3 million tonnes CO2e. This marks a notable decrease from 2021, where Scope 1 emissions were about 750,000 tonnes CO2e and Scope 2 emissions were approximately 680,000 tonnes CO2e. The company has demonstrated a commitment to reducing its carbon footprint, achieving an emissions intensity of 31.0 kg CO2e per barrel of oil equivalent (boe) in both 2021 and 2022. This reflects a continuous effort to improve operational efficiency and lower emissions across its activities. Despite the absence of specific reduction targets or initiatives outlined in their recent reports, Crescent Point Energy's focus on emissions reduction aligns with industry standards and the growing emphasis on sustainability within the energy sector. The company is actively working towards minimising its environmental impact, although further details on formal commitments or targets are not currently available.
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Add to project2016 | 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.
