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 11 is lower than 59% 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 made significant strides in reducing its carbon emissions over recent years. In 2022, the company reported total emissions of approximately 1,305,425,000 kg CO2e, comprising about 719,333,000 kg CO2e from Scope 1 emissions and approximately 586,092,000 kg CO2e from Scope 2 emissions. This marked a continued reduction from previous years, with Scope 1 emissions decreasing from about 749,618,000 kg CO2e in 2021 and 906,320,000 kg CO2e in 2020. The company has demonstrated a commitment to sustainability, achieving an emissions intensity of approximately 31.0 kg CO2e per barrel of oil equivalent (boe) in both 2021 and 2022. This reflects a downward trend in emissions intensity, indicating improved operational efficiency and a focus on reducing the environmental impact of its activities. Despite the absence of specific reduction targets or initiatives outlined in their recent disclosures, Crescent Point Energy's ongoing efforts to lower emissions are evident in their annual reporting. The company continues to align its operations with industry standards for climate responsibility, contributing to broader climate commitments within the energy sector.
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| 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.
