Whitecap Resources Sustainability Profile
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.
DitchCarbon Score
How does Whitecap Resources'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 Liquefied Petroleum Gas (LPG) 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
Whitecap Resources's score of 14 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Whitecap Resources's reported carbon emissions
In 2022, Whitecap Resources reported total greenhouse gas (GHG) emissions of approximately 1,970,070,000 kg CO2e, which includes 103,091,000 kg CO2e from Scope 1 and 26,122,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. The GHG intensity for Scope 1 and 2 was reported at 34.4 kg CO2e per barrel of oil equivalent (boe). In 2021, Whitecap's emissions were significantly higher, with Scope 1 emissions at 103,091,000 kg CO2e, Scope 2 at 26,122,000 kg CO2e, and Scope 3 emissions reaching approximately 5,125,623,000 kg CO2e. The total emissions for that year amounted to about 1,970,070,000 kg CO2e, indicating a substantial reliance on upstream emissions. The company has not set specific reduction targets or initiatives as part of its climate commitments, nor has it reported any Science-Based Targets Initiative (SBTi) targets. Whitecap Resources is actively engaged in monitoring its emissions but currently lacks a formalised strategy for emissions reduction. Overall, while Whitecap Resources has made strides in emissions reporting, it has yet to establish clear reduction targets or commitments to significantly lower its carbon footprint in the coming years.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 653,373,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 221,606,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Whitecap Resources's Industry?
How Carbon Intensive is Whitecap Resources's Location?
Whitecap Resources's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Whitecap Resources has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
