Seven Generations Energy Ltd. Sustainability Profile
Seven Generations Energy Ltd., commonly referred to as Seven Generations, is a prominent Canadian energy company headquartered in Calgary, Alberta. Founded in 2014, the company has rapidly established itself in the oil and gas industry, focusing primarily on the development of natural gas and natural gas liquids in the Montney formation, a key operational region in Western Canada. Seven Generations is renowned for its commitment to sustainable practices and innovative technologies, which set it apart in the competitive energy landscape. The company has achieved significant milestones, including a strong emphasis on environmental stewardship and community engagement, positioning itself as a leader in responsible resource development. With a robust portfolio of assets and a dedication to reducing its carbon footprint, Seven Generations continues to make notable strides in the energy sector, reinforcing its market position as a forward-thinking organisation.
DitchCarbon Score
How does Seven Generations Energy Ltd.'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 Crude Oil Extraction 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
Seven Generations Energy Ltd.'s score of 8 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Seven Generations Energy Ltd.'s reported carbon emissions
Seven Generations Energy Ltd., headquartered in Canada, has reported carbon emissions data for the years 2016 to 2018. In 2018, the company had a carbon intensity of approximately 13.6 kg CO2e per tonne of mineral fuels and oils produced. This figure reflects the emissions associated with their operations, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. In 2017, the carbon intensity was significantly higher at about 107.9 kg CO2e per tonne, indicating a potential area for improvement in emissions management. The 2016 data shows a carbon intensity of approximately 12.6 kg CO2e per barrel of oil equivalent (BOE). Despite these figures, Seven Generations Energy Ltd. has not set specific reduction targets or climate pledges, nor do they appear to have cascaded data from a parent organization. Their commitment to reducing carbon emissions remains unspecified, and they have not disclosed any initiatives under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Overall, while Seven Generations Energy Ltd. has made strides in measuring their carbon intensity, further transparency regarding their emissions reduction strategies and commitments would enhance their climate accountability.
How Carbon Intensive is Seven Generations Energy Ltd.'s Industry?
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Seven Generations Energy Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Seven Generations Energy Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
