Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
Meg Energy Corporation, commonly referred to as Meg Energy, is a prominent player in the electrical machinery and apparatus sector, specifically within the category of electrical machinery and apparatus n.e.c. (31). Headquartered in Calgary, Alberta, Canada, the company has established a significant presence in the Canadian energy landscape since its founding in 1999.
Specialising in innovative energy solutions, Meg Energy focuses on the development and production of advanced electrical machinery, catering to a diverse range of industries. The company is recognised for its commitment to sustainability and efficiency, setting it apart in a competitive market. With a strong emphasis on technological advancement, Meg Energy has achieved notable milestones, solidifying its position as a leader in the sector.
26
DitchCarbon score
-4 vs industry average
Meg Energy’s score of 26 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Meg Energy?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
High
Electrical Machinery Manufacturing has above-average carbon intensity
Industry performance
0.315
20182025
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Meg Energy's reported carbon emissions
MEG Energy, headquartered in CA and operating in the Electrical machinery and apparatus n.e.c. industry, has reported its carbon emissions and climate commitments.
Carbon Emissions:
- 2022: MEG Energy reported approximately 2,368,081,000 kg CO2e in Scope 1 emissions and 383,000 kg CO2e in Scope 2 emissions. This data is inherited from the parent organization, MEG Energy Corp.
- 2021: The company's Scope 1 emissions were approximately 2,439,106,000 kg CO2e, with no reported Scope 2 emissions. This data is inherited from the parent organization, MEG Energy Corp.
- 2020: Scope 1 emissions totalled approximately 2,113,450,000 kg CO2e, and Scope 2 emissions were approximately 16,000 kg CO2e. This data is inherited from the parent organization, MEG Energy Corp.
- 2023, 2019, 2018, 2017, 2016, 2015, 2014, and 2013: No overall Scope 1, 2, or 3 emissions data was disclosed for these years.
Climate Commitments:
MEG Energy has set several reduction targets, inherited from its parent company, MEG Energy Corp.:
- Near-term Target: A mid-term target to achieve a 30% reduction in bitumen GHG emissions (Scope 1 and Scope 2) from 2013 levels by 2030.
- Long-term Target: A long-term ambition to reach net-zero GHG emissions (Scope 1 and Scope 2) by 2050.
Assessing Meg Energy as a supplier or portfolio company?
- See verified emissions data for over 2 million organizations
- View emissions forecasts for Meg Energy and the organizations you buy from or invest in
- Get PCAF data quality (DQ) scores, including for private organizations
Meg Energy’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Meg Energy2 days ago
26
Need this data for financed emissions?
PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more