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Ovintiv Inc., a prominent player in the natural gas industry, is headquartered in the United States and operates extensively across North America. Founded in 2003, the company has established itself as a leader in natural gas extraction and related services, excluding surveying.
With a focus on innovative extraction techniques and sustainable practices, Ovintiv offers a range of core services that enhance efficiency and reduce environmental impact. The company is recognised for its strategic positioning in key operational regions, including the Permian Basin and the Montney formation, which contribute significantly to its market presence.
Ovintiv's commitment to technological advancement and responsible resource management has garnered notable achievements, solidifying its reputation as a forward-thinking entity in the natural gas sector.
5
DitchCarbon score
-14 vs industry average
Ovintiv’s score of 5 is lower than 16% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Natural Gas Extraction is among the most carbon-intensive industries
Industry performance
0.868
20182025
The Natural Gas Extraction industry has reduced its overall emissions by 16% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Ovintiv's reported carbon emissions
Ovintiv, a US-based company specialising in natural gas and related extraction services, reported total Scope 1 emissions of approximately 3.31 billion kg CO2e and Scope 2 emissions of about 351.88 million kg CO2e in 2023.
Looking back, their Scope 1 emissions have shown a downward trend from approximately 5.96 billion kg CO2e in 2019, reaching around 3.39 billion kg CO2e in 2022. Similarly, Scope 2 emissions have fluctuated, with about 424.94 million kg CO2e in 2019 and around 346.43 million kg CO2e in 2022.
Ovintiv has not disclosed any Scope 3 emissions data. The company has not publicly committed to specific Science Based Targets initiative (SBTi) reduction targets or joined The Climate Pledge.
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Ovintiv’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Ovintiv yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Ovintiv25 days ago
5
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