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 Gas/Diesel Oil 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 8 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tamarack Valley Energy Ltd (TVE)'s reported carbon emissions
In 2024, Tamarack Valley Energy Ltd (TVE) reported total carbon emissions of approximately 727,612,000 kg CO2e from Scope 1 and 22,821,000 kg CO2e from Scope 2, resulting in a combined total of about 750,433,000 kg CO2e. This marks a significant reduction from 2023, where emissions were approximately 848,098,000 kg CO2e (Scope 1: 848,098,000 kg CO2e; Scope 2: 31,092,000 kg CO2e). Over the past few years, TVE has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported emissions of about 499,152,000 kg CO2e for Scope 1 and 35,128,000 kg CO2e for Scope 2, leading to a total of approximately 534,280,000 kg CO2e. This indicates a trend of decreasing emissions, particularly in Scope 1, which includes direct emissions from owned or controlled sources. Despite these reductions, TVE has not set specific science-based targets or climate pledges, nor does it report on Scope 3 emissions, which encompass indirect emissions in the value chain. The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are directly from Tamarack Valley Energy Ltd. Overall, while Tamarack Valley Energy Ltd has made strides in reducing its carbon emissions, further commitments and transparency regarding future climate initiatives would enhance its sustainability profile.
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| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 279,468,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 17,619,000 | 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 participating in any 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.
