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 60% 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 2020, VAALCO Energy Canada, Inc. reported Scope 1 emissions of approximately 11,071,000 kg CO2e in Canada. This figure reflects the company's direct greenhouse gas emissions from its operations in the region. The global emissions for the same year were significantly higher, with Scope 1 emissions reaching about 219,052,000 kg CO2e. The company has not disclosed any Scope 2 or Scope 3 emissions data, indicating a lack of comprehensive reporting on indirect emissions associated with energy consumption and supply chain activities. Furthermore, there are no specific reduction targets or climate pledges documented, suggesting that VAALCO Energy Canada, Inc. may not have formalised commitments to reduce its carbon footprint at this time. It is important to note that the emissions data for VAALCO Energy Canada, Inc. is cascaded from its parent company, VAALCO Energy, Inc., which is responsible for the broader emissions reporting. The absence of specific reduction initiatives or targets may reflect the company's current focus on operational performance rather than formal climate commitments.
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| 2019 | 2020 | |
|---|---|---|
| Scope 1 | 219,052,000 | 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.
