Vermilion Energy
Vermilion Energy Inc., commonly referred to as Vermilion, is a prominent Canadian oil and gas exploration and production company headquartered in Calgary, Alberta. Founded in 1994, Vermilion has established a strong presence in key operational regions, including North America, Europe, and Australia, focusing on sustainable energy practices. The company is renowned for its diverse portfolio, which includes oil and natural gas production, as well as innovative technologies aimed at maximising resource recovery. Vermilion's commitment to environmental stewardship and community engagement sets it apart in the competitive energy sector. With a solid market position, the company has achieved notable milestones, including consistent production growth and a strong track record of financial performance, making it a respected player in the global energy landscape.
DitchCarbon Score
How does Vermilion 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 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
Vermilion Energy's score of 22 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vermilion Energy's reported carbon emissions
In 2023, Vermilion Energy reported total carbon emissions of approximately 11,350,400,000 kg CO2e, comprising 559,325,000 kg CO2e from Scope 1, 148,484,000 kg CO2e from Scope 2, and 11,350,400,000 kg CO2e from Scope 3 emissions. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. In 2022, the total emissions were about 11,682,455,000 kg CO2e, with Scope 1 emissions at 616,184,000 kg CO2e, Scope 2 at 218,839,000 kg CO2e, and Scope 3 at 11,682,455,000 kg CO2e. This indicates a slight decrease in emissions from 2022 to 2023. Vermilion Energy's emissions intensity for Scope 1 and 2 combined was reported at 35.0 kg CO2e per barrel of oil equivalent (BOE) in 2023. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, which may limit its accountability in addressing climate change. Overall, while Vermilion Energy has made strides in reporting its emissions, the absence of defined reduction targets raises questions about its long-term climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 288,781,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 85,223,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,839,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Vermilion Energy is committed to some reduction initiatives 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.
