PAREX RESOURCES

Sustainability Report and Carbon Intensity Rankings

Is PAREX RESOURCES doing their part?

Their DitchCarbon score is 21

Parex Resources has a DitchCarbon Score of 21 out of 100, indicating a lower performance in sustainability efforts. This score suggests that the company has a high carbon intensity relative to its industry peers. Parex Resources may need to implement more effective strategies to reduce its carbon footprint and improve its sustainability measures.

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

Parex Resources operates within the energy generation and distribution industry, which has a carbon intensity ranking of 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

Parex 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.
9.44%

...this company is doing 9.44% worse in emissions than the industry average.

Parex Resources Inc., founded in 2009, is an international oil and gas company based in Calgary, Canada, with a focus on exploration and development in Colombia. Operating within the energy generation and distribution industry, the company has seen significant growth in reserves, production, and land since its inception. Parex maintains interests in various blocks within the resource-rich Llanos and Magdalena Basins of Colombia.

emission intelligence's platform recommendations for PAREX RESOURCES

Parex Resources should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions.

Bad news, Parex Resources hasn't committed to SBTi goals yet.

Parex Resources has not yet established commitments with the Science Based Targets initiative (SBTi). This means the company has not defined or announced specific goals to reduce greenhouse gas emissions in line with climate science.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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