Pieridae Energy Ltd Sustainability Profile
Pieridae Energy Ltd., a prominent player in the Canadian energy sector, is headquartered in Calgary, Alberta. Founded in 2011, the company has established itself as a leader in natural gas production and liquefied natural gas (LNG) development, focusing on sustainable energy solutions. With significant operations in Western Canada, Pieridae is dedicated to providing innovative energy products that meet the growing demand for cleaner fuel alternatives. The company’s flagship project, the Goldboro LNG facility in Nova Scotia, exemplifies its commitment to advancing the LNG market while prioritising environmental responsibility. Pieridae Energy Ltd. has garnered recognition for its strategic partnerships and robust project pipeline, positioning itself as a key contributor to Canada’s energy landscape. With a focus on operational excellence and sustainability, Pieridae continues to drive progress in the evolving energy industry.
DitchCarbon Score
How does Pieridae Energy Ltd'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 Gas/Diesel Oil 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
Pieridae Energy Ltd's score of 10 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pieridae Energy Ltd's reported carbon emissions
In 2022, Pieridae Energy Ltd, headquartered in Canada, reported significant carbon emissions totalling approximately 1,187,076,000 kg CO2e for Scope 1 and 188,331,000 kg CO2e for Scope 2. This reflects a slight increase in Scope 1 emissions from 1,128,495,000 kg CO2e in 2021, while Scope 2 emissions rose from 173,449,000 kg CO2e in the same year. Notably, the company has not disclosed any Scope 3 emissions data. Despite the increase in emissions, Pieridae Energy has not set specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates a lack of formalised climate pledges. The company’s emissions data is self-reported and does not cascade from any parent organisation. Overall, Pieridae Energy Ltd's emissions profile highlights the need for enhanced climate strategies and commitments to align with industry standards for sustainability and carbon reduction.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 1,128,495,000 | 0,000,000,000 |
| Scope 2 | 173,449,000 | 000,000,000 |
| Scope 3 | - | - |
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Pieridae Energy Ltd'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.
Pieridae Energy Ltd 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.
