Prairiesky Royalty Ltd., a prominent player in the gas and diesel oil industry, is headquartered in Calgary, Alberta, Canada. Founded in 2013, the company has quickly established itself as a leader in the management and acquisition of oil and gas royalties, primarily operating across Western Canada.
Prairiesky Royalty focuses on generating sustainable revenue through its extensive portfolio of royalty interests, which includes both conventional and unconventional resources. The company's unique business model allows it to benefit from the production of oil and gas without the associated operational costs, positioning it favourably in the market.
With a commitment to responsible resource management, Prairiesky has achieved significant milestones, including a robust growth trajectory and a strong presence in the energy sector, making it a noteworthy entity in the Canadian oil and gas landscape.
-1 vs industry average
Prairiesky Royalty’s score of 18 is lower than 39% 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
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Prairiesky Royalty's reported carbon emissions
PrairieSky Royalty Ltd. (CA, Gas/Diesel Oil industry) is committed to reducing its carbon footprint. **Emissions Overview:** * **2022:** * Total Scope 1 and 2 emissions were approximately 270,600 kg CO2e (120,900 kg CO2e Scope 1 and 149,700 kg CO2e Scope 2 location-based). * Scope 3 emissions included approximately 7,800 kg CO2e from business travel and 47,300 kg CO2e from employee commutes. * **2021:** * Total Scope 1 and 2 emissions were approximately 257,600 kg CO2e (91,500 kg CO2e Scope 1 and 166,100 kg CO2e Scope 2 location-based). * Scope 3 emissions included about 500 kg CO2e from business travel and 29,500 kg CO2e from employee commutes. * **2020:** * Total Scope 1 and 2 emissions were approximately 423,300 kg CO2e (143,500 kg CO2e Scope 1 and 279,800 kg CO2e Scope 2 location-based). * Scope 3 emissions included approximately 6,000 kg CO2e from business travel and 28,600 kg CO2e from employee commutes. * **2019:** * Total Scope 1 and 2 emissions were approximately 453,300 kg CO2e (137,400 kg CO2e Scope 1 and 315,900 kg CO2e Scope 2 location-based). * Scope 3 emissions included about 32,100 kg CO2e from business travel and 59,500 kg CO2e from employee commutes. * **2018:** * Scope 1 emissions were approximately 144,000 kg CO2e. * Scope 2 emissions were approximately 386,300 kg CO2e. * Scope 3 emissions included about 15,700 kg CO2e from business travel and 76,000 kg CO2e from employee commutes. * **2017:** * Scope 1 emissions were approximately 127,500 kg CO2e. * Scope 2 emissions were approximately 415,700 kg CO2e. **Climate Commitments and Reduction Targets:** PrairieSky Royalty has set an absolute target to reduce its Scope 1 and 2 emissions by 50% by 2025, using 2017 as its base year. The company is committed to continuously reducing its carbon footprint. For 2024, the company reports a gross global combined Scope 1 and 2 emissions intensity of 0.0004 kg CO2e per USD of revenue.
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Prairiesky Royalty’s Climate Goals (2030 & 2050)
1 goal2025
50% reduction in all scopes
Going forward, we are committed to reducing our carbon footprint and have set an absolute target across our Scope 1 and 2 emissions. Using 2…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Prairiesky Royalty
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