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Suncor Energy Inc., commonly known as Suncor, stands as a prominent integrated energy company headquartered in Calgary, Alberta, Canada. Established in 1917, Suncor has evolved from its origins to become a leading player in the petroleum products sector.
Suncor's operations span the full energy value chain, from oil sands development and conventional oil and gas production to refining and marketing of petroleum products. As pioneers in Canada's oil sands, initiating commercial development in 1967, Suncor uniquely combines vast resource extraction with sophisticated downstream processing and a growing commitment to renewable energy.
Operating extensively across Western Canada, particularly in Alberta's oil sands, and with assets in offshore East Coast Canada and international regions, Suncor delivers essential fuels and refined products. This robust presence solidifies its position as a major provider of crude oil, natural gas, and comprehensive energy solutions for a global market.
+4 vs industry average
Suncor Energy’s score of 14 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Petroleum Products is among the most carbon-intensive industries
The Petroleum Products industry has reduced its overall emissions by 27% since 2018
Scope 3 accounts for ••• of total emissions.
Suncor Energy, a CA-headquartered company in the Non-specified Petroleum Products industry, reported Scope 1 emissions of approximately 33.52 billion kg CO2e and Scope 2 emissions of about 1.45 billion kg CO2e in 2022.
The company aims for net-zero emissions by 2050 and has a near-term objective to reduce greenhouse gas emissions across its value chain by 10 megatonnes (10 billion kg CO2e) by 2030, supported by the Pathways Alliance's proposed carbon storage hub. Suncor Energy's emissions data is self-reported, with no cascading from a parent organization.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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