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Whitecap Resources Inc., commonly referred to as Whitecap Resources, is a prominent player in the Liquefied Petroleum Gases (LPG) industry, with its headquarters based in Calgary, Alberta, Canada. Since its founding, Whitecap has established a strong presence across key regions in Western Canada, focusing on the extraction, production, and marketing of LPG and related hydrocarbons.
The company is recognised for its efficient operations and commitment to responsible resource development, making it a notable leader within the Canadian energy sector. Whitecap’s core products include LPG, natural gas, and crude oil, with a reputation for delivering high-quality, reliable energy solutions. Its strategic growth and operational excellence have positioned Whitecap as a significant contributor to Canada's energy landscape.
-10 vs industry average
Whitecap Resources’s score of 18 is lower than 36% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Liquefied Petroleum Gas (LPG) is among the most carbon-intensive industries
The Liquefied Petroleum Gas (LPG) industry has reduced its overall emissions by 23% since 2018
Scope 3 accounts for ••• of total emissions.
Whitecap Resources, headquartered in CA and operating in the Liquefied Petroleum Gases (LPG) industry, reported Scope 1 emissions of approximately 33,805,000 kg CO2e, Scope 2 emissions of about 33,752,000 kg CO2e, and Scope 3 emissions of approximately 3,737,015,000 kg CO2e for 2023.
In 2022, their Scope 1 emissions were around 25,896,000 kg CO2e, Scope 2 emissions were about 23,989,000 kg CO2e, and Scope 3 emissions totalled approximately 3,122,325,000 kg CO2e. For 2021, Whitecap Resources reported Scope 1 emissions of roughly 1,283,119,000 kg CO2e, including 320,023,000 kg CO2e from fugitive emissions and 520,726,000 kg CO2e from stationary combustion. Their Scope 2 emissions for 2021 were approximately 686,951,000 kg CO2e, and Scope 3 emissions were about 5,125,623,000 kg CO2e.
Whitecap Resources is targeting a 30% reduction in its methane emissions intensity by 2025, from a 2020 baseline. Additionally, the company aims to reduce the combined intensity of its Scope 1 and Scope 2 emissions by 15% by 2025, also from 2020 levels.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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No scope 3 category breakdown has been disclosed yet.
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