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 5 is lower than 75% 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, headquartered in Canada, reported total carbon emissions of approximately 326,100 kg CO2e. This figure includes Scope 1 emissions of about 120,900 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 149,700 kg CO2e, calculated on a location-based method. Additionally, Scope 3 emissions accounted for about 78,500 kg CO2e, with significant contributions from employee commuting (about 47,300 kg CO2e) and business travel (approximately 7,800 kg CO2e). Despite the substantial emissions, PrairieSky Royalty has not set specific reduction targets or initiatives as part of their climate commitments. The company has not disclosed any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. Their emissions data is not cascaded from a parent organization, indicating that the figures are independently reported. Overall, PrairieSky Royalty's emissions profile reflects the challenges faced by the industry in managing carbon footprints, particularly in the context of operational activities and employee-related travel.
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| 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 | 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.
