Paramount Resources
Sustainability Report and Carbon Intensity Rankings
Is Paramount Resources doing their part?
Their DitchCarbon score is 5
Paramount Resources has a DitchCarbon Score of 5 out of 100, indicating a low level of sustainability in their operations. This score suggests a high carbon intensity compared to other companies. The company needs significant improvement in reducing emissions to enhance its sustainability profile.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Paramount Resources is part of the energy generation and distribution industry, which has a carbon intensity ranking of very high. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Paramount Resources operates in Canada, a region with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing its overall carbon footprint.
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– Historical Scope 1, 2 and 3 emissions
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Unlock 30+ emissions data points on Paramount Resources
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
25.44%
...this company is doing 25.44% worse in emissions than the industry average.
Paramount Resources Ltd., founded in 1998, is an intermediate energy company based in Calgary, Canada, operating within the energy generation and distribution industry. The company specializes in the exploration, development, production, and marketing of natural gas, crude oil, and natural gas liquids across Alberta, British Columbia, Saskatchewan, and the Northwest Territories. In addition to its core operations, Paramount Resources holds securities in various entities and established Cavalier Resources Inc. to manage its heavy oil assets.
emission intelligence's platform recommendations for Paramount Resources
Paramount Resources should undertake a thorough inventory of all Scope 1 emissions sources to identify and quantify their direct greenhouse gas outputs, which could potentially reduce their emissions by 15%.
Good news, Paramount Resources has embraced SBTi commitments
Paramount Resources has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions in line with climate science. This commitment means the company will develop and implement strategies to significantly cut its carbon footprint to prevent the worst impacts of climate change.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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