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 12 is higher than 56% 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, comprising 120,900 kg CO2e from Scope 1 and 149,700 kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions, which included 7,800 kg CO2e from business travel and 47,300 kg CO2e from employee commuting. Over the years, PrairieSky has shown fluctuations in its emissions. For instance, in 2021, total emissions were about 289,800 kg CO2e, with Scope 1 emissions at 91,500 kg CO2e and Scope 2 at 166,100 kg CO2e. In 2020, emissions were higher at approximately 462,800 kg CO2e, with Scope 1 emissions of 143,500 kg CO2e and Scope 2 at 279,800 kg CO2e. Despite these figures, PrairieSky has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company operates within the oil and gas sector, which is under increasing scrutiny for its environmental impact, making transparency and proactive measures essential for future sustainability efforts.
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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 | - |
| 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 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.
