Public Profile

Tourmaline Oil

Tourmaline Oil Corp, commonly referred to as Tourmaline Oil, is a prominent player in the Canadian oil and gas industry, headquartered in Calgary, Alberta. Founded in 2008, the company has rapidly established itself as one of Canada’s largest natural gas producers, with significant operations in the Montney and Peace River regions. Tourmaline Oil is renowned for its commitment to efficient resource development and innovative extraction techniques, focusing primarily on natural gas and natural gas liquids. The company’s unique approach to sustainability and operational excellence has positioned it as a leader in the sector, achieving notable milestones in production growth and environmental stewardship. With a strong market presence, Tourmaline Oil continues to drive advancements in the energy landscape, making it a key player in the transition towards cleaner energy solutions.

DitchCarbon Score

How does Tourmaline Oil'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.

12

Industry Average

Mean score of companies in the Heavy Fuel 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.

2

Industry Benchmark

Tourmaline Oil's score of 12 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Tourmaline Oil's reported carbon emissions

In 2022, Tourmaline Oil, headquartered in California, reported total carbon emissions of approximately 3,006,844,000 kg CO2e, comprising about 2,933,544,000 kg CO2e from Scope 1 emissions and around 79,230,000 kg CO2e from Scope 2 emissions. This marked a significant increase from previous years, with emissions in 2021 reaching about 2,698,801,000 kg CO2e, indicating a trend of rising emissions over the years. The company has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. As such, there are no commitments to align with the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction strategies suggests that Tourmaline Oil may be focusing on operational growth rather than immediate climate action. Overall, while Tourmaline Oil's emissions data reflects substantial output, the lack of clear climate commitments raises questions about its long-term sustainability strategy in the context of increasing global climate concerns.

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201420152016201720182019202020212022
Scope 1
721,263,000
000,000,000
0,000,000,000
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 2
54,690,000
00,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tourmaline Oil's primary industry is Heavy Fuel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Tourmaline Oil is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

Tourmaline Oil 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers