Imperial Oil Sustainability Profile
Imperial Oil Limited, commonly referred to as Imperial Oil, is a leading Canadian integrated oil and gas company headquartered in Calgary, Alberta. Founded in 1880, Imperial has established itself as a key player in the energy sector, with significant operations across Canada, particularly in Alberta and Saskatchewan. The company operates in various segments, including upstream exploration and production, refining, and marketing of petroleum products. Imperial is renowned for its innovative approaches to oil sands development and its commitment to sustainability. With a diverse portfolio of core products, including gasoline, diesel, and lubricants, Imperial Oil stands out for its focus on quality and environmental stewardship. As a subsidiary of ExxonMobil, Imperial Oil holds a strong market position, consistently achieving notable milestones in production efficiency and technological advancements in the energy industry.
DitchCarbon Score
How does Imperial Oil'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 Petroleum Coke 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
Imperial Oil's score of 18 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Imperial Oil's reported carbon emissions
In 2022, Imperial Oil's total carbon emissions amounted to approximately 5,100,000,000 kg CO2e for Scope 1, 9,100,000,000 kg CO2e for Scope 2, and 5,400,000,000 kg CO2e for Scope 3 emissions. The company has reported a consistent trend in emissions over the years, with Scope 1 emissions increasing from about 4,400,000,000 kg CO2e in 2019 to 5,100,000,000 kg CO2e in 2022. Imperial Oil has set ambitious reduction targets, aiming to decrease its SO₂ emissions by approximately 50% at its Nanticoke facility and over 90% at Sarnia by the end of 2028. These targets are classified as absolute reductions and are focused on Scope 1 and Scope 2 emissions. The emissions data is cascaded from its parent company, Imperial Oil Limited, which is part of a corporate family relationship with Exxon Mobil Corporation. This relationship influences the company's climate strategies and reporting practices. Overall, Imperial Oil is actively working towards reducing its carbon footprint while navigating the complexities of emissions across all scopes, demonstrating a commitment to sustainability in the oil and gas sector.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Imperial Oil's Industry?
How Carbon Intensive is Imperial Oil's Location?
Imperial Oil's Scope 3 Categories Breakdown
Imperial Oil's Scope 3 emissions, which increased by 4% last year and decreased by approximately 37% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 28% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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Imperial Oil'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.
Imperial Oil has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
