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OrganisationsPrairiesky Royalty
Prairiesky Royalty logo

Prairiesky Royalty

Gas/Diesel OilCanadaPNK: PREKF
Last verified 12 days agoprairiesky.com

Prairiesky Royalty Ltd., a prominent player in the Canadian energy sector, is headquartered in Calgary, Alberta. Founded in 2013, the company has quickly established itself as a leader in the oil and gas royalty industry, focusing on the acquisition and management of mineral rights across key operational regions in Western Canada.

Specialising in royalty interests, Prairiesky offers a unique business model that allows it to benefit from the production of oil and natural gas without the associated operational costs. This innovative approach has positioned the company favourably within the market, enabling it to achieve significant growth and notable milestones since its inception. With a commitment to sustainable practices and a strong portfolio of high-quality assets, Prairiesky Royalty continues to be a vital contributor to the energy landscape in Canada.

18
DitchCarbon score

-1 vs industry average

Prairiesky Royalty’s score of 18 is lower than 40% 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

High

Gas/Diesel Oil has above-average carbon intensity

Industry performance

0.245
20192025

The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019

Emissions trajectory 2020 – 2025

000.0K000.0K000K000K0

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202020212022202320242025

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.

Prairiesky Royalty's reported carbon emissions

Prairiesky Royalty, headquartered in Canada, has disclosed its carbon emissions data across various scopes. For the most recent reporting year, 2022, the company reported total Scope 1 and 2 emissions. In 2022, Prairiesky Royalty's total emissions were approximately 261,700 kg CO2e (combining reported Scope 1 emissions of 120,900 kg CO2e and Scope 2 location-based emissions of 149,700 kg CO2e). Scope 3 emissions for 2022 included 7,800 kg CO2e from business travel and 47,300 kg CO2e from employee commute, alongside 400 kg CO2e from waste generated in operations. Prior to this, in 2021, the company reported total emissions of approximately 453,700 kg CO2e, comprising 91,500 kg CO2e in Scope 1 (stationary combustion) and 166,100 kg CO2e in Scope 2 (location-based). Scope 3 emissions in 2021 included 500 kg CO2e for business travel and 29,500 kg CO2e for employee commute. For 2020, total emissions were approximately 423,300 kg CO2e, with Scope 1 at 143,500 kg CO2e (stationary combustion) and Scope 2 at 279,800 kg CO2e (location-based). Scope 3 emissions for 2020 included 6,000 kg CO2e for business travel and 28,600 kg CO2e for employee commute. In 2019, total emissions were approximately 453,300 kg CO2e, with Scope 1 at 137,400 kg CO2e (stationary combustion) and Scope 2 at 315,900 kg CO2e (location-based). Scope 3 emissions for 2019 included 32,100 kg CO2e for business travel and 59,500 kg CO2e for employee commute. In 2018, the company reported Scope 1 emissions of 144,000 kg CO2e and Scope 2 emissions of 386,300 kg CO2e. Scope 3 emissions for 2018 included 15,700 kg CO2e for business travel and 76,000 kg CO2e for employee commute. For 2017, Prairiesky Royalty reported Scope 1 emissions of 127,500 kg CO2e and Scope 2 emissions of 415,700 kg CO2e. Prairiesky Royalty has established climate commitments, including a near-term absolute reduction target for Scope 1 and 2 emissions. Using 2017 as a base year, the company aims to reduce its combined Scope 1 and 2 emissions by 50% by 2025. It's important to note that for 2024, only an emission factor related to revenue was disclosed, with no absolute emissions data available for that year. The company's CDP reporting sources indicate they are committed to disclosing and managing their environmental impact.

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Prairiesky Royalty’s Climate Goals (2030 & 2050)

1 goal

2025

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…

On track50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

3 of 15 categories disclosed
Employee Commuting85%
Business Travel14%
Waste Generated in Operations1%
Employee Commuting85%
Business Travel14%
Waste Generated in Operations1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Prairiesky Royalty logoPrairiesky Royalty
CAGas/Diesel Oil
12 days ago
18
Meg Energy logoMeg Energy
CAElectrical Machinery Manufacturing
9 days ago
36
View
Western Midstream logoWestern Midstream
USBusiness Services
9 days ago
31
View
Tourmaline Oil logoTourmaline Oil
CAHeavy Fuel Oil
4 days ago
21
View
Paramount Resources logoParamount Resources
CACrude Oil Extraction
9 days ago
16
View
Marathon Oil logoMarathon Oil
USOil Seeds
9 days ago
14
View
Athabasca Oil logoAthabasca Oil
CAGas/Diesel Oil
3 days ago
13
View

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