Peyto Exploration And Development
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.
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.
Industry Benchmark
Peyto Exploration And Development's score of 10 is lower than 79% 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
Peyto Exploration And Development's reported carbon emissions
In 2021, Peyto Exploration and Development reported total carbon emissions of approximately 652,639,000 kg CO2e, comprising 624,812,000 kg CO2e from Scope 1 emissions and 27,827,000 kg CO2e from Scope 2 emissions. This marked a slight decrease from 2020, when total emissions were about 636,239,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Peyto's emissions have shown a downward trend over recent years, with total emissions in 2020 at approximately 636,239,000 kg CO2e, down from about 645,980,000 kg CO2e in 2019 and 787,102,000 kg CO2e in 2018. This indicates a commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been outlined in their reports. Peyto Exploration and Development has not adopted any formal climate pledges or SBTi (Science Based Targets initiative) reduction targets, nor have they reported any significant climate commitments. The absence of such initiatives suggests that while the company is aware of its emissions, it may not yet have established a comprehensive strategy for climate action. Overall, Peyto's emissions data reflects a gradual reduction in carbon output, but further commitments and structured targets would enhance their climate strategy and align with industry standards for sustainability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 570,738,000 | 000,000,000 |
| Scope 2 | 32,929,000 | 00,000,000 |
| 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.
Peyto Exploration And Development 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.
