International Petroleum
International Petroleum Corporation (IPC), commonly referred to as International Petroleum, is a prominent player in the global oil and gas industry. Headquartered in Calgary, Canada, IPC operates primarily in Canada and Sweden, focusing on exploration and production activities. Founded in 2017, the company has quickly established itself through strategic acquisitions and a commitment to sustainable practices. IPC's core offerings include the development of oil and gas resources, with a particular emphasis on enhancing production efficiency and minimising environmental impact. The company is recognised for its innovative approaches to resource management, which set it apart in a competitive market. With a strong operational presence and a dedication to responsible energy production, International Petroleum continues to solidify its position as a key contributor to the energy sector.
DitchCarbon Score
How does International Petroleum'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 Gas/Diesel Oil 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
International Petroleum's score of 19 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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International Petroleum's reported carbon emissions
In 2023, International Petroleum reported significant carbon emissions, with Scope 1 emissions totalling approximately 815,753,000 kg CO2e in Canada and about 865,305,000 kg CO2e globally. The company also disclosed Scope 2 emissions of around 122,524,000 kg CO2e and Scope 3 emissions of approximately 18,934,000 kg CO2e, which includes business travel emissions of about 84,000 kg CO2e. Despite these figures, there are currently no specific reduction targets or initiatives outlined in their sustainability commitments. The absence of documented reduction targets suggests that International Petroleum may be in the early stages of developing a comprehensive climate strategy. As the industry faces increasing pressure to address climate change, the company’s future commitments will be crucial in aligning with global sustainability goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 696,699,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 138,404,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 28,192,000 | 00,000 | 00,000 | 00,000 | 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.
International Petroleum 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.
