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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 77% 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 represents a slight increase in Scope 1 emissions from 2021, which were about 1,128,495,000 kg CO2e, while Scope 2 emissions also rose from approximately 173,449,000 kg CO2e in the previous 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, nor have they participated in the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for enhanced climate strategies within the organisation. The company’s emissions data is self-reported and does not cascade from any parent organisation, indicating that the figures are solely reflective of Pieridae Energy Ltd's operations. The emissions intensity for the mineral fuels and oils sector has been noted, with values of 41.6 kg CO2e per barrel of oil equivalent (boe) in 2021, and 42.8 kg CO2e per boe in 2020, highlighting the ongoing challenges in reducing greenhouse gas emissions in this industry. Overall, while Pieridae Energy Ltd has made strides in reporting its emissions, the lack of reduction targets and initiatives may hinder its ability to effectively address climate change impacts in the future.
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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.
