Suncor Energy
Suncor Energy Inc., a leading integrated energy company headquartered in Calgary, Canada, has been a pivotal player in the oil and gas industry since its founding in 1919. With a strong presence in Canada’s oil sands, Suncor operates major facilities in Alberta and has expanded its reach into renewable energy sectors, reflecting its commitment to sustainability. The company’s core business areas include oil sands development, refining, and marketing of petroleum products, alongside a growing portfolio in renewable energy. Suncor is renowned for its innovative approaches to resource extraction and environmental stewardship, positioning itself as a market leader in the transition to cleaner energy solutions. Notable achievements include its significant contributions to Canada’s energy landscape and ongoing investments in technology to enhance operational efficiency and reduce greenhouse gas emissions.
DitchCarbon Score
How does Suncor Energy'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 Petroleum Products 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
Suncor Energy's score of 37 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Suncor Energy's reported carbon emissions
In 2022, Suncor Energy reported total carbon emissions of approximately 33,520,000,000 kg CO2e from Scope 1 and 1,450,000,000 kg CO2e from Scope 2, resulting in a combined total of about 34,960,000,000 kg CO2e. This marks a slight increase from 2021, where emissions were approximately 32,690,000,000 kg CO2e for Scope 1 and 1,460,000,000 kg CO2e for Scope 2, leading to a total of about 34,150,000,000 kg CO2e. Suncor has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, indicating a lack of publicly stated commitments to reduce emissions in the near term. Suncor's emissions intensity for synthetic crude production is reported at 310 kg CO2e/m³, while renewable fuels production has an intensity of 390 kg CO2e/m³. The company has made efforts to improve its emissions performance, particularly in the oil sands sector, where the GHG intensity for electricity generation is approximately 240 kg CO2e/MWh. Overall, while Suncor Energy has made strides in reporting its emissions, the absence of specific reduction targets and commitments may limit its ability to align with broader climate goals.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 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.
Suncor Energy is participating in some 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.
