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 2021, Midcoast Energy reported total carbon emissions of approximately 81,000 kg CO2e from purchased steam and 65,000 kg CO2e from purchased electricity, categorised under Scope 2 emissions. Additionally, the company recorded about 45,000 kg CO2e in Scope 3 emissions related to business travel. In 2020, Midcoast Energy's Scope 1 emissions were significantly higher, totalling approximately 1,422,604,000 kg CO2e. This data highlights the company's substantial carbon footprint, particularly in its direct operations. Currently, Midcoast Energy has not established specific reduction targets or commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of formal climate pledges indicates a potential area for future development in their sustainability strategy. Overall, while Midcoast Energy has disclosed emissions data, the lack of reduction initiatives suggests that the company may need to enhance its climate commitments to align with industry standards and expectations.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 1,422,604,000 | - |
| Scope 2 | - | 000,000 |
| Scope 3 | - | 00,000 |
How Carbon Intensive is Midcoast Energy's Industry?
How Carbon Intensive is Midcoast Energy's Location?
Midcoast Energy's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
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.
