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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.
7
DitchCarbon score
-12 vs industry average
Ovintiv’s score of 7 is lower than 22% 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 natural gas and services company, reported total greenhouse gas emissions of approximately 3.66 billion kg CO2e for 2023. This figure comprises Scope 1 emissions of about 3.31 billion kg CO2e and Scope 2 emissions of approximately 351.88 million kg CO2e. The company has been tracking Scope 1 and 2 emissions since 2016, with a notable reduction in Scope 1 emissions from approximately 5.96 billion kg CO2e in 2019 to 3.31 billion kg CO2e in 2023. Similarly, Scope 2 emissions decreased from around 424.94 million kg CO2e in 2019 to 351.88 million kg CO2e in 2023. Ovintiv has not yet disclosed Scope 3 emissions data. The company's sustainability reports provide GHG intensity metrics, such as 13,200 kg CO2e per Mboe for Scope 1 & 2 in 2023, indicating efforts to improve efficiency alongside emissions reduction. Ovintiv's emissions data is not cascaded from a parent organisation.
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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.
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Ovintiv11 days ago
7
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