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 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
Prairiesky Royalty's score of 14 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Prairiesky Royalty's reported carbon emissions
In 2022, Prairiesky Royalty reported total carbon emissions of approximately 55,500 kg CO2e. The breakdown of these emissions includes Scope 1 emissions at about 120,900 kg CO2e, and Scope 2 emissions at approximately 149,700 kg CO2e (location-based). Additionally, Scope 3 emissions were recorded at about 78,00 kg CO2e from business travel, 47,300 kg CO2e from employee commuting, and 400 kg CO2e from waste generated in operations. Comparatively, in 2021, the company’s total emissions were approximately 287,600 kg CO2e, with Scope 2 emissions at about 166,100 kg CO2e and Scope 3 emissions comprising 29,500 kg CO2e from employee commuting and 500 kg CO2e from business travel. This indicates a significant reduction in total emissions from 2021 to 2022. Prairiesky Royalty has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that all reported figures are independently sourced from Prairiesky Royalty Ltd. Overall, while Prairiesky Royalty has made strides in reporting its emissions, further commitments and reduction strategies would enhance its climate action profile.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 127,500 | 000,000 | - | - | - | 000,000 |
| Scope 2 | 415,700 | 000,000 | 000,000 | 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 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.
