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 15 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Imperial Oil's reported carbon emissions
In 2022, Imperial Oil reported total greenhouse gas emissions of approximately 5,100,000,000 kg CO2e for Scope 1, about 9,100,000,000 kg CO2e for Scope 2, and around 5,400,000,000 kg CO2e for Scope 3 emissions. This indicates a significant reliance on both direct and indirect emissions, with Scope 3 emissions being notably high, primarily from purchased goods and services. Over the years, Imperial Oil has shown a commitment to monitoring and reporting its emissions, with data disclosed for all three scopes from 2017 to 2022. For instance, in 2017, the company reported approximately 4,700,000,000 kg CO2e for Scope 1, 390,000,000 kg CO2e for Scope 2, and 8,200,000,000 kg CO2e for Scope 3 emissions. Despite the detailed emissions reporting, there are currently no specified reduction targets or initiatives outlined in their sustainability documentation. This lack of formal reduction commitments may reflect broader industry challenges in setting ambitious climate goals. Imperial Oil's emissions intensity from operated oil sands has been reported at approximately 380 kg CO2e per m³ in recent years, indicating ongoing efforts to assess and potentially improve operational efficiency. However, without specific reduction targets, the company's long-term climate strategy remains unclear.
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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 participating in some 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.
