Midcoast Energy Sustainability Profile
Midcoast Energy, a prominent player in the energy sector, is headquartered in the United States and operates extensively across key regions. Founded in 1998, the company has established itself as a leader in the midstream energy industry, focusing on the transportation and storage of natural gas and liquids. Midcoast Energy offers a range of core services, including pipeline transportation and terminal operations, distinguished by their commitment to safety and efficiency. The company has achieved significant milestones, enhancing its market position through strategic expansions and innovative solutions. With a reputation for reliability and a strong operational footprint, Midcoast Energy continues to play a vital role in meeting the energy needs of its customers while contributing to the overall growth of the industry.
DitchCarbon Score
How does Midcoast Energy'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 Electricity from Other Sources 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
Midcoast Energy's score of 13 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Midcoast Energy's reported carbon emissions
In 2020, Midcoast Energy reported significant carbon emissions, with a total of approximately 1,422,604,000 kg CO2e attributed to Scope 1 emissions. This figure highlights the company's direct greenhouse gas emissions from its operations. Currently, there are no reported emissions for Scope 2 or Scope 3, indicating a focus primarily on direct emissions. Midcoast Energy has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. Additionally, there are no climate pledges or commitments noted in their sustainability reporting. The absence of such targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As of now, Midcoast Energy does not inherit emissions data from any parent or related organizations, indicating that its reported figures are solely based on its own operational activities. The company’s emissions data and sustainability practices are essential for understanding its impact on climate change and its role in the energy sector.
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| 2020 | |
|---|---|
| Scope 1 | 1,422,604,000 |
| Scope 2 | - |
| Scope 3 | - |
How Carbon Intensive is Midcoast Energy's Industry?
How Carbon Intensive is Midcoast Energy's Location?
Midcoast Energy'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.
Midcoast Energy 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.
