Cenovus Energy

Cenovus Energy, headquartered in Canada and operating in the Gas/Diesel Oil industry, reported its total carbon emissions for 2022.

2022 Emissions:

• Scope 1 emissions were about 16,300,000,000 kg CO2e.
• Scope 2 emissions were about 1,800,000,000 kg CO2e.
• Scope 3 emissions included:
  • Use of sold products: approximately 208,600,000,000 kg CO2e.
  • Processing of sold products: approximately 9,800,000,000 kg CO2e.
  • Purchased goods and services: approximately 9,800,000,000 kg CO2e.
  • Fuel and energy related activities: approximately 3,500,000,000 kg CO2e.
  • Upstream transportation and distribution: approximately 2,100,000,000 kg CO2e.
  • Downstream transportation and distribution: approximately 500,000,000 kg CO2e.
  • Capital goods: approximately 100,000,000 kg CO2e.

Historical Emissions Data:

• In 2021, Cenovus Energy's Scope 1 emissions were approximately 17,600,000,000 kg CO2e, and Scope 2 emissions were about 1,800,000,000 kg CO2e.
• For 2020, Scope 1 emissions were approximately 17,500,000,000 kg CO2e, and Scope 2 emissions were about 1,900,000,000 kg CO2e.
• In 2019, Scope 1 emissions were approximately 18,100,000,000 kg CO2e, and Scope 2 emissions were about 2,100,000,000 kg CO2e.
• No specific emissions totals were disclosed for 2018 or 2017.

Climate Commitments: Cenovus Energy is committed to achieving net-zero emissions across all scopes by 2050. Additionally, the company has set a near-term absolute reduction target to decrease its Scope 1 and Scope 2 GHG emissions by 35% by year-end 2035, using 2019 levels as the baseline.