Suncor Energy
Suncor Energy Inc., a leading integrated energy company headquartered in Calgary, Canada, has been a pivotal player in the oil and gas industry since its founding in 1919. With a strong presence in Canada’s oil sands, Suncor operates major facilities in Alberta and has expanded its reach into renewable energy sectors, reflecting its commitment to sustainability. The company’s core business areas include oil sands development, refining, and marketing of petroleum products, alongside a growing portfolio in renewable energy. Suncor is renowned for its innovative approaches to resource extraction and environmental stewardship, positioning itself as a market leader in the transition to cleaner energy solutions. Notable achievements include its significant contributions to Canada’s energy landscape and ongoing investments in technology to enhance operational efficiency and reduce greenhouse gas emissions.
DitchCarbon Score
How does Suncor Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Petroleum Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Suncor Energy's score of 37 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Suncor Energy's reported carbon emissions
In 2022, Suncor Energy reported total carbon emissions of approximately 33.52 million tonnes CO2e for Scope 1 and about 1.45 million tonnes CO2e for Scope 2, resulting in combined emissions of around 34.96 million tonnes CO2e from these two scopes. The company has not disclosed any Scope 3 emissions data for 2022. Comparatively, in 2021, Suncor's emissions were approximately 20.16 million tonnes CO2e for Scope 1, 1.40 million tonnes CO2e for Scope 2, and about 127.60 million tonnes CO2e for Scope 3, leading to a total of around 21.56 million tonnes CO2e for Scope 1 and 2 combined. Suncor has not set specific reduction targets or initiatives as part of its climate commitments, nor has it reported any Science-Based Targets Initiative (SBTi) reduction targets. The absence of defined reduction initiatives suggests a need for further development in their climate strategy. Overall, Suncor Energy's emissions data reflects a significant carbon footprint, particularly in Scope 1 and 2 emissions, with no current commitments to reduce these figures through established targets.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 1,466,000,000 | 0,000,000,000 | - | - | - | - | 000,000,000,000 | 000,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Suncor Energy is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
