Altagas Ltd., commonly referred to as Altagas, is a prominent Canadian energy infrastructure company headquartered in Calgary, Alberta. Founded in 1997, Altagas has established itself as a key player in the natural gas, power generation, and utility sectors, primarily operating across Canada and the United States.
The company focuses on providing essential services in natural gas distribution, storage, and processing, alongside renewable energy solutions. Altagas is recognised for its commitment to sustainability and innovation, offering unique products that enhance energy efficiency and reduce environmental impact.
With a strong market position, Altagas has achieved significant milestones, including strategic acquisitions and expansions that bolster its operational capabilities. The company continues to play a vital role in the energy landscape, driving growth and delivering reliable services to its customers.
-3 vs industry average
Altagas’s score of 13 is lower than 43% 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
Natural Gas Liquids is among the most carbon-intensive industries
Industry performance
The Natural Gas Liquids industry has reduced its overall emissions by 98% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Altagas's reported carbon emissions
In 2023, Altagas reported total carbon emissions of approximately 2,068,052,000 kg CO2e, comprising 1,976,982,000 kg CO2e from Scope 1 and 85,107,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, Altagas's total emissions were approximately 2,010,961,000 kg CO2e, with Scope 1 emissions at 1,904,084,000 kg CO2e and Scope 2 emissions at 106,876,000 kg CO2e. This indicates a slight increase in emissions from 2022 to 2023. Altagas has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The company is actively engaged in monitoring and reporting its emissions but currently lacks a formalised strategy for emissions reduction. Overall, Altagas's emissions data reflects its operational impact, and while it has made strides in transparency, further commitments to reduction targets would enhance its climate strategy.
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Altagas’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Altagas yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Altagas
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