Pengrowth Energy Corporation, a prominent player in the Canadian oil and gas sector, is headquartered in Calgary, Alberta. Founded in 1988, the company has established itself as a key operator in the exploration and production of oil and natural gas, primarily focusing on the Western Canadian Sedimentary Basin. With a commitment to sustainable practices, Pengrowth Energy offers a range of services, including conventional oil production and natural gas extraction, distinguished by its innovative approaches to resource management. The company has achieved significant milestones, including strategic acquisitions that have bolstered its market position. Recognised for its operational efficiency and dedication to environmental stewardship, Pengrowth Energy continues to play a vital role in the energy landscape, contributing to Canada's energy needs while prioritising responsible development.
How does Pengrowth Energy Corporation'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.
Mean score of companies in the Crude Oil Extraction 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.
Pengrowth Energy Corporation's score of 14 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pengrowth Energy Corporation, headquartered in Canada, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Strathcona Resources Ltd., which may influence its emissions reporting and climate commitments. As of now, Pengrowth Energy Corporation has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate initiatives. This lack of specific targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the absence of detailed emissions data and reduction initiatives, it is essential for Pengrowth Energy Corporation to consider setting measurable climate goals and reporting its emissions transparently to align with industry standards and expectations. This would not only enhance its sustainability profile but also contribute positively to the broader efforts in mitigating climate change.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 280,637,000 | 000,000,000 |
| Scope 2 | 31,669,000 | 00,000,000 |
| Scope 3 | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pengrowth Energy Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
