Saturn Oil & Gas Inc
Saturn Oil & Gas Inc., a prominent player in the Canadian oil and gas sector, is headquartered in Calgary, Alberta. Founded in 2016, the company has rapidly established itself in the industry, focusing on the acquisition and development of high-quality oil assets. With a strategic emphasis on the Saskatchewan region, Saturn Oil & Gas has made significant strides in enhancing production efficiency and sustainability. The company’s core offerings include oil exploration, production, and development, distinguished by its commitment to innovative technologies and environmentally responsible practices. Saturn Oil & Gas has garnered recognition for its robust operational performance and strategic growth initiatives, positioning itself as a competitive force in the market. With a clear vision for the future, Saturn continues to expand its footprint while prioritising sustainable energy solutions.
DitchCarbon Score
How does Saturn Oil & Gas Inc'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
Saturn Oil & Gas Inc's score of 21 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Saturn Oil & Gas Inc's reported carbon emissions
In 2023, Saturn Oil & Gas Inc. reported total greenhouse gas (GHG) emissions of approximately 4,428,000,000 kg CO2e. This includes Scope 1 emissions of about 2,843,000,000 kg CO2e, primarily from stationary combustion (approximately 2,230,180,000 kg CO2e) and process emissions (about 44,388,000 kg CO2e). Scope 2 emissions totalled around 1,126,088,000 kg CO2e, with purchased electricity contributing approximately 1,086,791,000 kg CO2e. Additionally, Scope 3 emissions were reported at about 1,065,298,000 kg CO2e, with significant contributions from investments and fuel-related activities. Saturn Oil & Gas has set ambitious targets to reduce its GHG emissions intensity by 30% by 2030, relative to a 2019 baseline. This commitment applies to both Scope 1 and Scope 2 emissions, reflecting the company's proactive approach to climate action. The reduction targets are part of their near-term strategy to enhance sustainability and mitigate climate impact. The company has demonstrated a consistent reporting framework, with emissions data disclosed for multiple years, showcasing their commitment to transparency and accountability in environmental performance.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 60,837,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 39,822,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 |
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.
Saturn Oil & Gas Inc 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.
