VAALCO Energy Canada, Inc
VAALCO Energy Canada, Inc., a prominent player in the oil and gas industry, is headquartered in Canada and operates primarily in the North American region. Founded in the early 2000s, the company has established itself as a leader in exploration and production, focusing on the development of oil and gas resources. Specialising in the acquisition and development of oil properties, VAALCO Energy is known for its innovative approaches to resource extraction and management. The company’s commitment to operational excellence and sustainability sets it apart in a competitive market. With a strong portfolio of assets, VAALCO has achieved significant milestones, enhancing its market position and reputation within the industry. As a forward-thinking entity, VAALCO Energy Canada continues to adapt to the evolving energy landscape, ensuring its services remain relevant and impactful.
DitchCarbon Score
How does VAALCO Energy Canada, Inc'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 Crude Oil Extraction 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
VAALCO Energy Canada, Inc's score of 5 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VAALCO Energy Canada, Inc's reported carbon emissions
In 2022, VAALCO Energy Canada, Inc. reported total Scope 1 emissions of approximately 310,806,000 kg CO2e globally, which includes about 2,337,000 kg CO2e from fugitive emissions. This marks a significant increase compared to their 2020 emissions, where they recorded approximately 11,071,000 kg CO2e in Canada and about 219,052,000 kg CO2e globally. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Furthermore, emissions data is cascaded from their parent company, VAALCO Energy, Inc., which may influence their overall emissions profile and climate commitments. As a current subsidiary, VAALCO Energy Canada, Inc. inherits its emissions data and performance metrics from VAALCO Energy, Inc., reflecting the broader operational context of the parent organisation. The lack of Scope 2 and Scope 3 emissions data suggests a focus primarily on direct emissions from their operations. Overall, while VAALCO Energy Canada, Inc. has substantial emissions, their commitment to climate action remains unclear without defined reduction strategies or targets.
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| 2019 | 2020 | 2022 | |
|---|---|---|---|
| Scope 1 | 219,052,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - |
| 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.
VAALCO Energy Canada, Inc 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.
