Husky Energy Inc. Sustainability Profile
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 11 is lower than 62% 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., headquartered in Canada, reported significant carbon emissions totalling 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. This data reflects a comprehensive disclosure of their emissions across all relevant scopes, indicating a commitment to transparency in their environmental impact. Comparatively, in 2018, the company’s emissions were 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 2017 figures were even higher, with Scope 1 emissions at approximately 10,975,000,000 kg CO2e and Scope 2 at 2,135,000,000 kg CO2e, alongside Scope 3 emissions of about 14,468,000 kg CO2e. Despite these substantial emissions, Husky Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company operates as a current subsidiary of Husky Energy Inc., and all emissions data is sourced directly from their disclosures. Husky Energy's emissions profile highlights the challenges faced by the oil and gas sector in addressing climate change, underscoring the need for robust strategies to mitigate their carbon footprint in the coming years.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|---|
| Scope 1 | 11,260,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,300,000,000 | 0,000,000,000 | 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 |
How Carbon Intensive is Husky Energy Inc.'s Industry?
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Husky Energy Inc.'s Scope 3 Categories Breakdown
Husky Energy Inc.'s Scope 3 emissions, which decreased by 13% last year and decreased by approximately 21% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the primary emissions source at 42% of Scope 3 emissions.
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Husky Energy Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Husky Energy Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
