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.
0 vs industry average
Meg Energy’s score of 36 is higher than 51% 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
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Meg Energy's reported carbon emissions
MEG Energy, headquartered in Calgary and operating within the Electrical machinery and apparatus n.e.c. (31) industry, has reported Scope 1 and Scope 2 emissions for recent years. For 2022, MEG Energy reported Scope 1 emissions of approximately 2,368,081,000 kg CO2e, which included approximately 4,346,000 kg CO2e of fugitive emissions. Scope 2 emissions for the same year were approximately 383,000 kg CO2e. In 2021, Scope 1 emissions were reported at approximately 2,439,106,000 kg CO2e, with fugitive emissions accounting for approximately 2,427,000 kg CO2e. Scope 2 emissions for 2021 were reported as 0 kg CO2e. For 2020, Scope 1 emissions stood at approximately 2,113,450,000 kg CO2e, with fugitive emissions at approximately 2,236,000 kg CO2e. Scope 2 emissions were approximately 16,000 kg CO2e. MEG Energy has established climate commitments, including a mid-term target of a 30% reduction in bitumen greenhouse gas emissions (Scope 1 and Scope 2) from 2013 levels by 2030. This target is in addition to their long-term ambition of achieving net-zero GHG emissions (Scope 1 and Scope 2) by 2050. The data for MEG Energy's emissions is considered cascaded, with the source organisation being MEG Energy Corp.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Meg Energy’s Climate Goals (2030 & 2050)
2 goals2030
30% reduction in all scopes
mid-term target of 30% reduction in bitumen GHG emissions (scope 1 and scope 2) from 2013 levels by 2030. This target is in addition to the…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisations
Meg Energy
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 moreCurious to see your top suppliers emissions?
Book a demo for a pilot project