Spectra Energy Corp Sustainability Profile
Spectra Energy Corp, a prominent player in the energy sector, is headquartered in the United States and operates extensively across North America. Founded in 2007, the company has established itself as a leader in the natural gas and liquids transportation and storage industry, focusing on the development and operation of critical infrastructure. With a diverse portfolio that includes natural gas pipelines, storage facilities, and processing plants, Spectra Energy is known for its commitment to safety and environmental stewardship. The company has achieved significant milestones, including strategic expansions and partnerships that enhance its market position. Spectra Energy's innovative approach to energy solutions and its robust operational capabilities make it a key contributor to the evolving energy landscape.
DitchCarbon Score
How does Spectra Energy Corp'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 Natural Gas 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
Spectra Energy Corp's score of 7 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Spectra Energy Corp's reported carbon emissions
In 2009, Spectra Energy Corp reported carbon emissions of approximately 1,041,000,000 kg CO2e, all of which were classified under Scope 2 emissions. This figure reflects the company's indirect emissions associated with the consumption of purchased electricity, steam, heating, and cooling. Notably, there is no available data for Scope 1 or Scope 3 emissions for the years provided. Despite the significant emissions reported, Spectra Energy Corp has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s climate commitments remain vague, with no pledges or initiatives outlined in the available data. It is important to note that the emissions data is cascaded from Spectra Energy Corp, indicating a corporate family relationship that may influence their overall climate strategy. As of now, the company has not publicly committed to any specific climate pledges or reduction initiatives.
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| 2007 | 2008 | 2009 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 1,041,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Spectra Energy Corp's Industry?
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Spectra Energy Corp'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.
Spectra Energy Corp 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.
