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Public Profile
Natural Gas Liquids
CA
updated a month ago

Peyto Exploration And Development Sustainability Profile

Company website

Peyto Exploration and Development Corp., commonly referred to as Peyto, is a prominent player in the Canadian oil and gas industry, headquartered in Calgary, Alberta. Founded in 1998, the company has established itself as a leader in natural gas exploration and production, primarily focusing on the prolific Montney and Deep Basin regions of Western Canada. Peyto is renowned for its commitment to sustainable practices and innovative extraction techniques, which set it apart in a competitive market. The company’s core offerings include natural gas and natural gas liquids, with a strong emphasis on operational efficiency and environmental stewardship. Over the years, Peyto has achieved significant milestones, including consistent production growth and a robust asset portfolio, solidifying its position as a key contributor to Canada’s energy landscape.

DitchCarbon Score

How does Peyto Exploration And Development'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.

1

Industry Average

Mean score of companies in the Natural Gas Liquids 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.

19

Industry Benchmark

Peyto Exploration And Development's score of 1 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

6%

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Peyto Exploration And Development's reported carbon emissions

In 2021, Peyto Exploration and Development reported total carbon emissions of approximately 624,812,000 kg CO2e from Scope 1 and 27,827,000 kg CO2e from Scope 2, resulting in a combined total of about 652,639,000 kg CO2e. This marked an increase from 2020, where emissions were approximately 570,738,000 kg CO2e for Scope 1 and 32,929,000 kg CO2e for Scope 2, leading to a total of about 603,667,000 kg CO2e. Peyto's emissions data does not include Scope 3 emissions for 2021, but in 2020, they reported approximately 32,572,000 kg CO2e in Scope 3 emissions in Canada. The company has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. Peyto's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from Peyto Exploration and Development Corp. The company continues to monitor its emissions and is committed to improving its environmental performance in the oil and gas sector.

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201620172018201920202021
Scope 1
-
-
-
-
000,000,000
000,000,000
Scope 2
-
-
-
-
00,000,000
00,000,000
Scope 3
116,312,000
000,000,000
00,000,000
00,000,000
-
-

How Carbon Intensive is Peyto Exploration And Development's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Peyto Exploration And Development's primary industry is Natural Gas Liquids, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Peyto Exploration And Development's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Peyto Exploration And Development is in CA, which has a very low grid carbon intensity relative to other regions.

Peyto Exploration And Development's Climate Goals (2030 & 2050)

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.

Peyto Exploration And Development 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Peyto Exploration And Development's Emissions with Industry Peers

Arc Resources

US
•
Natural gas and services related to natural gas extraction, excluding surveying
Updated 4 days ago

Tc Energy

CA
•
Natural Gas Liquids
Updated 2 days ago

Oxy

US
•
Chemicals nec
Updated 1 day ago

Enbridge

CA
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 14 hours ago

Whitecap Resources

CA
•
Liquefied Petroleum Gases (LPG)
Updated 9 days ago

Suncor Energy

CA
•
Non-specified Petroleum Products
Updated 9 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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