Pipestone Energy
Pipestone Energy Corp, commonly referred to as Pipestone Energy, is a dynamic player in the Canadian oil and gas industry, headquartered in Calgary, Alberta. Founded in 2017, the company has quickly established itself as a leader in the exploration and production of natural gas and liquids, primarily focusing on the Montney formation in Western Canada. Pipestone Energy is renowned for its innovative approach to resource development, utilising advanced technologies to enhance efficiency and sustainability. The company’s core services include the extraction and processing of hydrocarbons, with a commitment to environmental stewardship and community engagement. With a strong market position, Pipestone Energy has achieved significant milestones, including strategic partnerships and successful drilling programmes, solidifying its reputation as a forward-thinking energy provider in a competitive landscape.
DitchCarbon Score
How does Pipestone Energy'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 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
Pipestone Energy's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pipestone Energy's reported carbon emissions
In 2021, Pipestone Energy reported total carbon emissions of approximately 17,833,000 kg CO2e, with Scope 1 emissions accounting for about 44,513,000 kg CO2e and Scope 2 emissions at approximately 2,280,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. Looking at previous years, in 2020, Pipestone Energy's emissions were significantly higher, with Scope 1 emissions reaching approximately 26,668,000 kg CO2e, indicating a potential reduction in emissions intensity. The company has consistently reported emissions across all three scopes, with Scope 3 emissions remaining relatively low, around 500 kg CO2e in 2020. Pipestone Energy's commitment to reducing its carbon footprint is evident, although specific reduction targets have not been established. The company operates within the energy sector, which is under increasing pressure to enhance sustainability practices and reduce greenhouse gas emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 237.23 | 000.00 | 000.00 | 00,000,000 | 00,000,000 |
| Scope 2 | 0.94 | 0.00 | 0.00 | 000,000 | 0,000,000 |
| Scope 3 | 0.85 | 0.00 | 0.00 | 0.0 | - |
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.
Pipestone Energy is not committed to any reduction initiatives 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.
