Whitecap Resources Inc., headquartered in Calgary, Alberta, is a prominent player in the Canadian oil and gas industry. Founded in 2008, the company has rapidly expanded its operations across key regions, including Alberta and Saskatchewan, establishing a strong presence in the exploration and production of oil and natural gas.
Specialising in the acquisition and development of high-quality assets, Whitecap Resources is known for its commitment to sustainable practices and operational efficiency. The company focuses on producing light oil and natural gas liquids, leveraging advanced technologies to enhance recovery rates and minimise environmental impact.
With a robust portfolio and a reputation for reliability, Whitecap Resources has achieved significant milestones, including strategic acquisitions that have bolstered its market position. As a leader in the energy sector, the company continues to prioritise innovation and sustainability, setting benchmarks for excellence in the industry.
-4 vs industry average
Whitecap Resources’s score of 23 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Liquefied Petroleum Gas (LPG) has above-average carbon intensity
Industry performance
The Liquefied Petroleum Gas (LPG) industry has reduced its overall emissions by 63% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Whitecap Resources's reported carbon emissions
In 2023, Whitecap Resources reported total carbon emissions of approximately 3.7 billion kg CO2e, comprising 33,805,000 kg CO2e from Scope 1, 33,752,000 kg CO2e from Scope 2, and 3,737,015,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to 2022, where total emissions were approximately 3.1 billion kg CO2e, with Scope 1 at 25,896,000 kg CO2e, Scope 2 at 23,989,000 kg CO2e, and Scope 3 at 3.1 billion kg CO2e. Whitecap Resources has set ambitious reduction targets, aiming to decrease methane emissions intensity by 30% and the combined intensity of Scope 1 and Scope 2 emissions by 15% by 2025, using 2020 levels as a baseline. These commitments reflect the company's proactive approach to addressing climate change and reducing its carbon footprint. The emissions data is sourced directly from Whitecap Resources Inc. and is not cascaded from any parent organization. The company continues to focus on sustainability initiatives as part of its operational strategy.
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Whitecap Resources’s Climate Goals (2030 & 2050)
1 goal2025
30% reduction in all scopes
we are targeting to reduce our methane emissions intensity by 30% by 2025 from 2020 levels and our combined intensity of Scope 1 emissions a…
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.
See all 1 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Whitecap Resources
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