Meg Energy
Megan Energy Corporation, commonly known as MEG Energy, is a prominent player in the Canadian oil and gas industry, headquartered in Calgary, Alberta. Founded in 1999, the company has established itself as a leader in the development of in-situ oil sands projects, primarily focusing on sustainable and efficient extraction methods. MEG Energy's core offerings include thermal oil production and innovative technologies aimed at reducing greenhouse gas emissions, setting it apart in a competitive market. With a commitment to environmental stewardship, MEG has achieved significant milestones, including advancements in steam-assisted gravity drainage (SAGD) techniques. Recognised for its operational excellence, MEG Energy continues to strengthen its market position, contributing to Canada's energy landscape while prioritising sustainability and efficiency in its operations.
DitchCarbon Score
How does Meg Energy'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 Electrical Machinery Manufacturing 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
Meg Energy's score of 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Meg Energy's reported carbon emissions
In 2022, MEG Energy reported approximately 2,368,081,000 kg CO2e in Scope 1 emissions, which included fugitive emissions of about 4,346,000 kg CO2e. The company also disclosed Scope 2 emissions of approximately 383,000 kg CO2e. In 2021, their Scope 1 emissions were about 2,439,106,000 kg CO2e, with fugitive emissions of around 4,346,000 kg CO2e, and Scope 2 emissions were reported as zero. MEG Energy has not set specific reduction targets or initiatives as per the latest data. However, they continue to monitor and report their emissions, indicating a commitment to transparency in their climate impact. The company operates within the mineral fuels and oils sector, which is under increasing scrutiny for its carbon footprint. Overall, MEG Energy's emissions data reflects the challenges faced by the industry in reducing greenhouse gas emissions, particularly in the extraction and processing of bitumen. The company’s ongoing efforts to track and report emissions are essential steps towards addressing climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 2,140,537,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 00,000 | - | 000,000 |
| Scope 3 | - | - | - | 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.
Meg Energy is not participating in any 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.
