Prairiesky Royalty
Prairiesky Royalty Ltd., a prominent player in the Canadian energy sector, is headquartered in Calgary, Alberta. Founded in 2013, the company has quickly established itself as a leader in the oil and gas royalty industry, focusing on the acquisition and management of mineral rights across key operational regions in Western Canada. Specialising in royalty interests, Prairiesky offers a unique business model that allows it to benefit from the production of oil and natural gas without the associated operational costs. This innovative approach has positioned the company favourably within the market, enabling it to achieve significant growth and notable milestones since its inception. With a commitment to sustainable practices and a strong portfolio of high-quality assets, Prairiesky Royalty continues to be a vital contributor to the energy landscape in Canada.
DitchCarbon Score
How does Prairiesky Royalty'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
Prairiesky Royalty's score of 8 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Prairiesky Royalty's reported carbon emissions
In 2022, Prairiesky Royalty reported total carbon emissions of approximately 326,100 kg CO2e. This figure includes about 120,900 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and about 149,700 kg CO2e from Scope 2 emissions, associated with purchased electricity. Additionally, Scope 3 emissions accounted for approximately 78,500 kg CO2e, with significant contributions from employee commuting and business travel. Over the years, Prairiesky has shown a trend in emissions management. For instance, in 2021, total emissions were about 289,800 kg CO2e, indicating a slight increase in 2022. The company has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. Overall, while Prairiesky Royalty has made strides in tracking its emissions across various scopes, the absence of formal reduction commitments highlights an area for potential improvement in their climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 127,500 | 000,000 | 000,000 | 000,000 | 00,000 | 000,000 |
| Scope 2 | 415,700 | 000,000 | - | - | 000,000 | - |
| Scope 3 | - | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
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.
Prairiesky Royalty is committed to some 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.
