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 emissions of approximately 1,462,604,000 kg CO2e. This figure includes emissions from Scope 1, Scope 2, and Scope 3, although specific Scope 1 and Scope 3 data were not disclosed for that year. The emissions breakdown for 2021 indicates Scope 2 emissions of approximately 81,000 kg CO2e from purchased steam and 65,000 kg CO2e from purchased electricity, alongside Scope 3 emissions of about 45,000 kg CO2e attributed to business travel. In 2020, Midcoast Energy disclosed Scope 1 emissions totalling approximately 1,422,604,000 kg CO2e. This data highlights the company's significant carbon footprint, primarily driven by its operational activities. Currently, Midcoast Energy has not established any 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 or reduction initiatives suggests a need for enhanced climate action strategies within the organisation. Overall, while Midcoast Energy has reported substantial emissions, the lack of reduction targets indicates an opportunity for the company to strengthen its climate commitments and align with industry standards for sustainability.
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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.
