AltaGas Ltd

Common Name
AltaGas
Country
Canada
Sector
Energy
Industry
Oil & Gas Midstream
Employees
3,045
Ticker
ALA
Exchange
TORONTO STOCK EXCHANGE
Description
AltaGas Ltd. is a diversified energy infrastructure company headquartered in Calgary, Alberta, Canada. Its primary function is to serve as an integral player in the energy sector through the transport...

AltaGas's Climate Target Data Preview

As of 2023, AltaGas has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into AltaGas ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2026
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Natural Gas Produced
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind AltaGas’s Climate Targets Data

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a. AltaGas's ESG Report 2023
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Insights into AltaGas's Greenhouse Gas Emissions Pathways

As of 2023, AltaGas has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does AltaGas have a target to reduce the emissions from its operations?

As of 2023, AltaGas has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

AltaGas's most ambitious operational target is to reduce these emissions by 40% by 2030, compared to a baseline of 0.009 Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Natural Gas Produced in 2019. a

As of 2022, AltaGas is on track to meet its operational emissions reduction target, having achieved 24.73% of the planned reduction. a

AltaGas's Operational (Scope 1+2) Emissions Pathway

201920222030000.010.010.01Current (-10%)Target 2030 (-40%)
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