Athabasca Oil Corporation, commonly referred to as Athabasca Oil, is a prominent player in the gas and diesel oil industry, headquartered in Calgary, Canada. Founded in 2006, the company has rapidly established itself as a key operator in the oil sands sector, focusing on the development of its extensive resource base in Alberta.
Athabasca Oil's core business areas include the extraction and production of bitumen and light oil, with a commitment to sustainable practices and innovative technologies. The company is recognised for its unique approach to resource development, which emphasises environmental stewardship and operational efficiency. With significant achievements in production growth and strategic partnerships, Athabasca Oil continues to strengthen its market position, contributing to Canada's energy landscape while prioritising responsible resource management.
-5 vs industry average
Athabasca Oil’s score of 15 is lower than 29% 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
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Athabasca Oil's reported carbon emissions
Athabasca Oil, headquartered in Canada and operating within the Gas/Diesel Oil industry, reported significant Scope 1 and Scope 2 emissions in recent years.
For the 2023 reporting year, Athabasca Oil's Scope 1 emissions were approximately 877,205,000 kg CO2e, with Scope 2 emissions at approximately 66,289,000 kg CO2e. This brings the combined Scope 1 and 2 total for 2023 to approximately 943,494,000 kg CO2e. The company's GHG emissions intensity for Scope 1 + Scope 2 was reported at 69.0 kg CO2e per barrel of oil equivalent (boe).
In 2022, Scope 1 emissions amounted to approximately 852,812,000 kg CO2e, and Scope 2 emissions were approximately 68,100,000 kg CO2e, resulting in a combined total of approximately 920,912,000 kg CO2e for Scope 1 and 2. The emissions intensity for this period was 66.0 kg CO2e per boe.
Looking back to 2021, Scope 1 emissions were approximately 868,862,000 kg CO2e, with Scope 2 emissions at approximately 71,311,000 kg CO2e, totalling approximately 940,173,000 kg CO2e. The emissions intensity was 69.0 kg CO2e per boe.
Athabasca Oil's disclosed emissions data covers Scope 1 and Scope 2 only, with Scope 3 data, specifically purchased goods and services, identified as missing. The company has not disclosed specific reduction targets or commitments through SBTi or other industry-wide initiatives based on the provided information.
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Athabasca Oil’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Athabasca Oil yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Athabasca Oil
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