Touchstone Exploration

Sustainability Report and Carbon Intensity Rankings

Is Touchstone Exploration doing their part?

Their DitchCarbon score is 37

Touchstone Exploration has a DitchCarbon Score of 37 out of 100, indicating a lower performance in sustainability measures. This score suggests that the company has a relatively high carbon intensity compared to more sustainable peers. Efforts to reduce emissions and improve sustainability practices are necessary for Touchstone Exploration to increase its score.

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

Touchstone Exploration is a company in the services sector, which has a carbon intensity ranking of very low. 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

Touchstone Exploration operates in Canada, a region with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing the carbon footprint associated with their operations.
6.85%

...this company is doing 6.85% worse in emissions than the industry average.

Touchstone Exploration Inc. is a Canadian oil and gas company founded in 2010, headquartered in Calgary. The company specializes in the exploration and development of oil and gas properties, primarily in Trinidad, with operations managed through subsidiaries in Barbados and Trinidad. Touchstone Exploration is committed to expanding its footprint in the Caribbean region, focusing on the acquisition and development of prospective energy resources.

emission intelligence's platform recommendations for Touchstone Exploration

Touchstone Exploration should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions, potentially reducing their emissions by 15%.

Good news, Touchstone Exploration has embraced SBTi commitments

Touchstone Exploration has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions. This commitment aligns the company’s environmental strategy with the goals of the Paris Agreement to limit global warming.
Participating

The Ultimate Guide to Building Sustainability Into Procurement​

1. Reputation and Brand Image

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Our methodology

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

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