Vermilion Energy

Vermilion Energy's reported carbon emissions

## Vermilion Energy: Carbon Emissions and Climate Commitments Vermilion Energy, headquartered in CA and operating in the "Electricity by petroleum and other oil derivatives" sector, is committed to managing its environmental impact. The company's latest reported emissions data is for **2024**, with a total of approximately **14.2 billion kg CO2e** across Scope 1, 2, and 3 emissions. ### Emissions Breakdown: * **2024:** * **Scope 1:** Approximately 16 kg CO2e * **Scope 2:** Approximately 247.1 million kg CO2e * **Scope 3:** Approximately 13.2 billion kg CO2e * **Total Emissions:** Approximately **14.2 billion kg CO2e** * **2023:** * **Scope 1:** Approximately 648.3 million kg CO2e * **Scope 2:** Approximately 214.8 million kg CO2e * **Scope 3:** Approximately 11.6 billion kg CO2e * **Total Emissions:** Approximately **12.5 billion kg CO2e** * **2022:** * **Scope 1:** Approximately 616.2 million kg CO2e * **Scope 2:** Approximately 218.8 million kg CO2e * **Scope 3:** Approximately 11.7 billion kg CO2e * **Total Emissions:** Approximately **12.5 billion kg CO2e** ### Climate Reduction Initiatives: Vermilion Energy has set several targets to reduce its environmental footprint. Notably, they have focused on reducing flaring emissions. * **Scope 1 Emissions Intensity Reduction:** The company has a near-term target to reduce Scope 1 emissions intensity by **15% to 20% by 2025**, using 2019 as a baseline year. This target encompasses all scopes. * **Flaring Emission Reduction Targets:** * A target was set in 2014 to reduce flaring emissions at a major facility in France by **65% by 2015**. This was reported as achieved. * Another target, set in 2014, aimed to reduce flaring emissions at light-oil assets acquired in southeast Saskatchewan by **50% by 2020**. Progress reports indicate an achievement of a 75% reduction by 2016. * A target set in 2018 aimed to reduce flaring and venting emissions, including methane, associated with the Spartan assets by **50% by 2024**. * **Scope 2 Emission Reduction:** In 2016, Vermilion began purchasing 100% green power for its Netherlands Business Unit, resulting in a **97% reduction in Scope 2 emissions** in that region from 2015 to 2016. Vermilion Energy's data is not cascaded from a parent organisation.