Tamarack Valley Energy Ltd (TVE)
Tamarack Valley Energy Ltd (TVE), headquartered in Calgary, Canada, is a prominent player in the oil and gas industry, focusing on the exploration and production of oil and natural gas. Founded in 2009, the company has established a strong operational presence in key regions across Alberta and Saskatchewan, leveraging advanced technologies to enhance resource recovery. TVE is recognised for its commitment to sustainable practices and efficient resource management, offering a diverse portfolio of high-quality crude oil and natural gas products. The company’s strategic approach has positioned it favourably within the market, achieving significant milestones in production growth and operational efficiency. With a focus on innovation and environmental stewardship, Tamarack Valley Energy continues to solidify its reputation as a leader in the energy sector.
DitchCarbon Score
How does Tamarack Valley Energy Ltd (TVE)'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 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
Tamarack Valley Energy Ltd (TVE)'s score of 13 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tamarack Valley Energy Ltd (TVE)'s reported carbon emissions
Tamarack Valley Energy Ltd (TVE), headquartered in Canada, reported significant carbon emissions in recent years. In 2022, the company emitted approximately 499,152,000 kg CO2e from Scope 1 sources, which include direct emissions from operations, and about 35,128,000 kg CO2e from Scope 2 sources, related to indirect emissions from purchased electricity. The total emissions for Scope 1 and 2 combined reached approximately 534,280,000 kg CO2e. In 2021, TVE's emissions were approximately 320,536,000 kg CO2e for Scope 1 and about 34,702,000 kg CO2e for Scope 2, resulting in a total of around 355,238,000 kg CO2e. The trend shows an increase in emissions from 2020, where they reported approximately 274,173,000 kg CO2e for Scope 1 and about 27,562,000 kg CO2e for Scope 2, culminating in a total of approximately 301,736,000 kg CO2e. Despite these figures, there are currently no publicly stated reduction targets or climate pledges from TVE. The absence of specific initiatives or commitments highlights a potential area for improvement in their climate strategy. As the energy sector increasingly focuses on sustainability, TVE may need to consider establishing measurable reduction targets to align with industry standards and expectations.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 279,468,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 17,619,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
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.
Tamarack Valley Energy Ltd (TVE) is not committed to any reduction initiatives 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.
