Imperial Oil
Imperial Oil Limited, commonly referred to as Imperial Oil, is a leading Canadian integrated oil and gas company headquartered in Calgary, Alberta. Founded in 1880, Imperial has established itself as a key player in the energy sector, with significant operations across Canada, particularly in Alberta and Saskatchewan. The company operates in various segments, including upstream exploration and production, refining, and marketing of petroleum products. Imperial is renowned for its innovative approaches to oil sands development and its commitment to sustainability. With a diverse portfolio of core products, including gasoline, diesel, and lubricants, Imperial Oil stands out for its focus on quality and environmental stewardship. As a subsidiary of ExxonMobil, Imperial Oil holds a strong market position, consistently achieving notable milestones in production efficiency and technological advancements in the energy industry.
DitchCarbon Score
How does Imperial Oil'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 Petroleum Coke 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
Imperial Oil's score of 7 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Imperial Oil's reported carbon emissions
In 2022, Imperial Oil reported total carbon emissions of approximately 5,100,000,000 kg CO2e for Scope 1, 9,100,000,000 kg CO2e for Scope 2, and 5,400,000,000 kg CO2e for Scope 3 emissions. This reflects a continued commitment to transparency in their emissions reporting, covering all three scopes of greenhouse gas emissions. Over the years, Imperial Oil has demonstrated a focus on reducing its greenhouse gas emissions intensity, particularly in its operated oil sands operations, with reported emissions intensities of about 380 kg CO2e per m³ in 2022. However, there are currently no specific reduction targets or initiatives disclosed in their reports, indicating a potential area for future commitment. Imperial Oil's emissions data from previous years shows fluctuations, with Scope 1 emissions peaking at approximately 4,900,000,000 kg CO2e in 2021 and Scope 2 emissions reaching about 8,900,000,000 kg CO2e in the same year. The company has not set formal reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, which may limit its ability to align with global climate goals. Overall, while Imperial Oil has made strides in emissions reporting, the absence of defined reduction targets suggests a need for enhanced climate commitments to address the challenges of climate change effectively.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,700,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 390,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 8,200,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Imperial Oil 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.
