Pieridae Energy Ltd
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 7 is lower than 63% 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 reported significant carbon emissions, totalling approximately 1,187,076,000 kg CO2e for Scope 1 emissions, which includes direct emissions from owned or controlled sources. Additionally, the company recorded about 188,331,000 kg CO2e in Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the company. Comparatively, in 2021, Pieridae's Scope 1 emissions were approximately 1,128,495,000 kg CO2e, alongside Scope 2 emissions of about 173,449,000 kg CO2e. This indicates a slight increase in emissions year-on-year, highlighting the ongoing challenges in reducing carbon footprints within the energy sector. Despite the absence of specific reduction targets or initiatives disclosed in their reports, Pieridae Energy Ltd is actively engaged in addressing climate commitments. The company has not outlined any science-based targets or formal climate pledges, which may reflect the broader industry context where many energy companies are still developing comprehensive strategies to meet climate goals. Overall, Pieridae Energy Ltd's emissions data underscores the importance of continued efforts in carbon management and the need for robust climate strategies to mitigate environmental impacts.
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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 | - | - |
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.
Pieridae Energy Ltd 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.
