Prairiesky Royalty Ltd., a prominent player in the gas and diesel oil industry, is headquartered in Calgary, Alberta, Canada. Founded in 2013, the company has quickly established itself as a leader in the management and acquisition of oil and gas royalties, primarily operating across Western Canada.
Prairiesky Royalty focuses on generating sustainable revenue through its extensive portfolio of royalty interests, which includes both conventional and unconventional resources. The company's unique business model allows it to benefit from the production of oil and gas without the associated operational costs, positioning it favourably in the market.
With a commitment to responsible resource management, Prairiesky has achieved significant milestones, including a robust growth trajectory and a strong presence in the energy sector, making it a noteworthy entity in the Canadian oil and gas landscape.
-2 vs industry average
Prairiesky Royalty’s score of 18 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Prairiesky Royalty's reported carbon emissions
PrairieSky Royalty, headquartered in CA and operating within the Gas/Diesel Oil industry, has reported its carbon emissions for several years.
For the 2022 reporting year, PrairieSky Royalty's total reported emissions were approximately 55,500 kg CO2e. This included Scope 1 emissions of about 120,900 kg CO2e, Scope 2 emissions of approximately 149,700 kg CO2e (location-based), and Scope 3 emissions totalling roughly 7800 kg CO2e from business travel and 47,300 kg CO2e from employee commutes, alongside 400 kg CO2e from waste generated in operations.
In 2021, the company reported total emissions of approximately 287,600 kg CO2e, comprising about 91,500 kg CO2e in Scope 1 (stationary combustion) and 166,100 kg CO2e in Scope 2 (location-based). Scope 3 emissions for 2021 were around 500 kg CO2e for business travel and 29,500 kg CO2e for employee commutes.
Looking back to 2020, total emissions were approximately 457,900 kg CO2e, with Scope 1 at about 143,500 kg CO2e and Scope 2 (location-based) at roughly 279,800 kg CO2e. Scope 3 emissions included approximately 6,000 kg CO2e for business travel and 28,600 kg CO2e for employee commutes.
For 2019, total emissions were reported as approximately 544,900 kg CO2e, with Scope 1 at about 137,400 kg CO2e and Scope 2 (location-based) at roughly 315,900 kg CO2e. Scope 3 emissions included about 32,100 kg CO2e for business travel and 59,500 kg CO2e for employee commutes.
In 2018, Scope 1 emissions were approximately 144,000 kg CO2e, and Scope 2 emissions (market and location-based) were about 386,300 kg CO2e. Scope 3 emissions for 2018 were reported as approximately 15,700 kg CO2e for business travel and 76,000 kg CO2e for employee commutes.
The most recent emissions data provided for 2024 indicates a revenue-based emission factor for gross global combined Scope 1 and 2 emissions per unit of revenue, which is approximately 0.0004 kg CO2e per USD.
PrairieSky Royalty is committed to reducing its environmental impact. The company has set an absolute reduction target across its Scope 1 and 2 emissions. Using 2017 as a base year, the aim is to reduce Scope 1 and 2 emissions by 50% by 2025.
No data was available for 2024 reporting for absolute emissions for Scope 1, 2, or 3.
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Prairiesky Royalty’s Climate Goals (2030 & 2050)
1 goal2025
50% reduction in all scopes
Going forward, we are committed to reducing our carbon footprint and have set an absolute target across our Scope 1 and 2 emissions. Using 2…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Prairiesky Royalty
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