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 82% 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 191,000 kg CO2e. This figure includes Scope 2 emissions of about 146,000 kg CO2e, derived from purchased steam and electricity, and Scope 3 emissions of approximately 45,000 kg CO2e, primarily from business travel. Notably, there is no reported data for Scope 1 emissions for this year. In 2020, the company disclosed Scope 1 emissions amounting to approximately 1,422,604,000 kg CO2e. This significant figure highlights the company's operational impact, although Scope 2 and Scope 3 emissions data were not provided for that year. Midcoast Energy has not established specific reduction targets or commitments, nor does it appear to participate in initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction initiatives suggests a need for further development in their climate strategy. Overall, while Midcoast Energy has made strides in reporting its emissions, the lack of comprehensive data and reduction commitments indicates potential areas for improvement in its climate action efforts.
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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.
