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Husky Energy Inc.
Husky Energy Inc., a prominent player in the oil and gas industry, is headquartered in Calgary, Alberta, Canada. Founded in 1938, the company has established a strong presence in key operational regions, including Western Canada, the United States, and offshore assets in the Asia-Pacific. Specialising in upstream and downstream operations, Husky Energy is known for its innovative approaches to oil exploration, production, and refining. The company offers a diverse range of products, including crude oil, natural gas, and refined petroleum products, distinguished by their commitment to sustainability and operational efficiency. With a robust market position, Husky Energy has achieved significant milestones, including advancements in technology and environmental stewardship, solidifying its reputation as a leader in the energy sector.
DitchCarbon Score
How does Husky Energy Inc.'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 Crude Oil Extraction 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
Husky Energy Inc.'s score of 8 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Husky Energy Inc.'s reported carbon emissions
In 2019, Husky Energy Inc. reported total carbon emissions of approximately 9,570,000,000 kg CO2e for Scope 1, 1,915,000,000 kg CO2e for Scope 2, and 11,468,000 kg CO2e for Scope 3 emissions. This data indicates a significant carbon footprint, primarily driven by direct emissions from operations (Scope 1) and indirect emissions from energy consumption (Scope 2). Comparatively, in 2018, the company recorded emissions of about 10,265,000,000 kg CO2e for Scope 1, 2,035,000,000 kg CO2e for Scope 2, and 13,203,000 kg CO2e for Scope 3. The trend shows a slight reduction in Scope 1 emissions from 2018 to 2019, suggesting some progress in their emissions management. Husky Energy has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets indicates a potential area for improvement in their climate strategy. As a current subsidiary of Husky Energy Inc., emissions data is cascaded from the parent company, reflecting the overall performance and commitments of the organisation. The company operates within the mineral fuels and oils sector, which is known for its substantial greenhouse gas emissions, necessitating robust climate action and transparency. Overall, while Husky Energy has made strides in emissions reporting, the lack of specific reduction commitments highlights the need for enhanced climate action to align with global sustainability goals.
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| 2012 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Scope 1 | 11,142,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Husky Energy Inc. 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.
