Midcoast Energy
Midcoast Energy, a prominent player in the energy sector, is headquartered in the United States and operates extensively across key regions. Founded in 1998, the company has established itself as a leader in the midstream energy industry, focusing on the transportation and storage of natural gas and liquids. Midcoast Energy offers a range of core services, including pipeline transportation and terminal operations, distinguished by their commitment to safety and efficiency. The company has achieved significant milestones, enhancing its market position through strategic expansions and innovative solutions. With a reputation for reliability and a strong operational footprint, Midcoast Energy continues to play a vital role in meeting the energy needs of its customers while contributing to the overall growth of the industry.
DitchCarbon Score
How does Midcoast 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 Electricity from Other Sources 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
Midcoast Energy's score of 13 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Midcoast Energy's reported carbon emissions
In 2020, Midcoast Energy reported significant carbon emissions, with a total of approximately 1,422,604,000 kg CO2e attributed to Scope 1 emissions. This figure highlights the company's direct greenhouse gas emissions from its operations. Currently, there are no reported emissions for Scope 2 or Scope 3, indicating a focus primarily on direct emissions. Midcoast Energy has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. As such, the company has not publicly outlined any initiatives aimed at reducing its carbon footprint or enhancing sustainability practices. The absence of reduction targets suggests that Midcoast Energy may be in the early stages of developing a comprehensive climate strategy. As the energy sector increasingly prioritises sustainability, it will be essential for Midcoast Energy to consider setting measurable goals to align with industry standards and expectations.
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| 2020 | |
|---|---|
| Scope 1 | 1,422,604,000 |
| Scope 2 | - |
| Scope 3 | - |
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.
Midcoast 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.
