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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 GHG Emissions Data Preview

In 2024, AltaGas completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, AltaGas has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Location-Based
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a
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b
0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
0000000
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Verified Sources Behind AltaGas’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore AltaGas’s data sources below and access millions more through our Disclosure Search.

a. AltaGas's Sustainability Report 2024
a. AltaGas's Sustainability Report 2024
b. AltaGas's ESG Report 2023
b. AltaGas's ESG Report 2023

Insights into AltaGas's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofAltaGas amounted to1,666,425metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of AltaGasdecreased by 17.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

AltaGas's Scope 1 Emissions Over Time

20202021202220240550 k1.1 M1.65 M2.2 MtCO2e+12%-12%-16%
  • Total Scope 1
  • Year-over-Year Change

What are AltaGas's Scope 1 emissions?

In 2024, the total Scope 1 emissions of AltaGas were 1,595,781 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has AltaGas reduced its Scope 1 emissions over time?

Since 2020, AltaGas's Scope 1 emissions have decreased by 17.78%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2022), AltaGas's Scope 1 emissions decreased by 16.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are AltaGas's Scope 2 emissions?

In 2024, AltaGas reported Scope 2 greenhouse gas (GHG) emissions of 70,644 tCOâ‚‚e using the location-based method.a

Has AltaGas reduced its Scope 2 emissions over time?

Since 2020, AltaGas's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 30.05%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2022), AltaGas's Scope 2 emissions(Location-Based) fell by 33.9% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does AltaGas use for Scope 2 reporting?

In 2024, AltaGas reported its Scope 2 emissions using the location-based method.a

AltaGas's Scope 2 Emissions Over Time

2020202120222024030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based

Insights into AltaGas’s GHG Emissions Intensity Compared to Industry Peers

In 2024, AltaGas reported Scope 1 greenhouse gas (GHG) emissions of 1,595,781 tCOâ‚‚e and total revenues of USD 8,653 millions. This translates into an emissions intensity of 184.41 tCOâ‚‚e per millions USD.a

AltaGas's Scope 1 Emissions Intensity Compared to Peers

502,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)VARC ResourcesYear: 2022Scope 1: 1,827,985 tCO2eRevenue: $M 7,278Scope 1 Intensity: 251.17 tCO2e/$MParamount ResourcesYear: 2024Scope 1: 524,527 tCO2eRevenue: $M 1,444Scope 1 Intensity: 363.19 tCO2e/$MNuvista EnergyYear: 2023Scope 1: 319,098 tCO2eRevenue: $M 1,056Scope 1 Intensity: 302.16 tCO2e/$MEnbridgeYear: 2024Scope 1: 7,532,000 tCO2eRevenue: $M 37,173Scope 1 Intensity: 202.62 tCO2e/$MMEG EnergyYear: 2023Scope 1: 2,382,468 tCO2eRevenue: $M 4,614Scope 1 Intensity: 516.30 tCO2e/$MWhitecap ResourcesYear: 2022Scope 1: 1,376,229 tCO2eRevenue: $M 3,532Scope 1 Intensity: 389.65 tCO2e/$MTC EnergyYear: 2024Scope 1: 22,351,000 tCO2eRevenue: $M 9,573Scope 1 Intensity: 2,334.75 tCO2e/$MCanadian Natural ResourcesYear: 2022Scope 1: 23,243,129 tCO2eRevenue: $M 36,595Scope 1 Intensity: 635.14 tCO2e/$MSuncor EnergyYear: 2022Scope 1: 33,520,000 tCO2eRevenue: $M 46,479Scope 1 Intensity: 721.19 tCO2e/$MTourmaline OilYear: 2024Scope 1: 3,668,283 tCO2eRevenue: $M 3,928Scope 1 Intensity: 933.94 tCO2e/$MParkland CorpYear: 2023Scope 1: 507,392 tCO2eRevenue: $M 24,513Scope 1 Intensity: 20.70 tCO2e/$MStrathcona ResourcesYear: 2024Scope 1: 3,577,855 tCO2eRevenue: $M 3,762Scope 1 Intensity: 951.09 tCO2e/$MVVVermilion EnergyYear: 2024Scope 1: 519,051 tCO2eRevenue: $M 1,442Scope 1 Intensity: 359.96 tCO2e/$MAthabasca OilYear: 2023Scope 1: 877,205 tCO2eRevenue: $M 958Scope 1 Intensity: 915.48 tCO2e/$MPrairiesky RoyaltyYear: 2023Scope 1: 94 tCO2eRevenue: $M 388Scope 1 Intensity: 0.24 tCO2e/$MCamecoYear: 2024Scope 1: 131,381 tCO2eRevenue: $M 1,581Scope 1 Intensity: 83.12 tCO2e/$MInternational PetroleumYear: 2023Scope 1: 865,305 tCO2eRevenue: $M 10,477Scope 1 Intensity: 82.59 tCO2e/$MGran Tierra EnergyYear: 2023Scope 1: 273,975 tCO2eRevenue: $M 637Scope 1 Intensity: 430.13 tCO2e/$MGibson EnergyYear: 2024Scope 1: 125,044 tCO2eRevenue: $M 8,189Scope 1 Intensity: 15.27 tCO2e/$MPembina PipelineYear: 2024Scope 1: 4,492,231 tCO2eRevenue: $M 5,133Scope 1 Intensity: 875.14 tCO2e/$MKeyeraYear: 2024Scope 1: 1,408,005 tCO2eRevenue: $M 4,962Scope 1 Intensity: 283.73 tCO2e/$MImperial OilYear: 2022Scope 1: 23,200,000 tCO2eRevenue: $M 42,287Scope 1 Intensity: 548.63 tCO2e/$MAltaGasYear: 2024Scope 1: 1,595,781 tCO2eRevenue: $M 8,653Scope 1 Intensity: 184.41 tCO2e/$M

How does AltaGas's GHG emissions intensity compare to its peers?

In 2024, AltaGas reported a Scope 1 emissions intensity of 184.41 tCOâ‚‚e per millions USD. Compared to the peer group median of 376.42, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does AltaGas rank on GHG emissions intensity within its industry?

In 2024, AltaGas ranked 6 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

AltaGas is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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