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 23 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Crescent Point Energy's reported carbon emissions
In 2022, Crescent Point Energy reported total carbon emissions of approximately 1,305,425,000 kg CO2e, comprising 719,333,000 kg CO2e from Scope 1 emissions and 586,092,000 kg CO2e from Scope 2 emissions. This marked a decrease from 2021, where emissions were about 1,429,318,000 kg CO2e, with Scope 1 at 749,618,000 kg CO2e and Scope 2 at 679,700,000 kg CO2e. The company has shown a trend of reducing its emissions over the years, with Scope 1 emissions decreasing from 2,408,000,000 kg CO2e in 2016 to 719,333,000 kg CO2e in 2022. However, there are no disclosed Scope 3 emissions or specific reduction targets outlined in their sustainability reports. Crescent Point Energy's emissions intensity for Scope 1 and 2 combined has remained relatively stable, reported at 31.0 kg CO2e per barrel of oil equivalent (boe) in both 2021 and 2022. The company has not set specific science-based targets for emissions reduction or made formal climate pledges, indicating a potential area for future commitment in line with industry standards for climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 participating in any of the initiatives that 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.
