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AltaGas Ltd

Common Name
AltaGas
Country
Canada
Sector
Energy
Industry
Oil & Gas Midstream
Employees
3,045
Ticker
ALA
Exchange
TMX Group Inc.
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)2024202320222021-2019
Total Scope 1
1,595,781a
N/A
1,904,084b
Total Scope 2
Location-Based
70,644a
N/A
106,876b
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
184.4092a
N/A
182.9411b
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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.

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

Insights into AltaGas's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of AltaGas amounted to 1,666,425 metric 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 AltaGas decreased 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 CO₂ equivalent (tCO₂e).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 tCO₂e 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 tCO₂e and total revenues of USD 8,653 millions. This translates into an emissions intensity of 184.41 tCO₂e per millions USD.a

AltaGas's Scope 1 Emissions Intensity Compared to Peers

10,000100,0001,000,00010,000,000100,000,000Scope 1 Emissions (tCO2e)2001,00010,00050,000200,000Revenues (Millions of USD)Western Midstream PartnersYear: 2024Scope 1: 9,140,000 tCO2eRevenue: $M 3,605Scope 1 Intensity: 2,535.21 tCO2e/$MChina Merchants Energy ShippingYear: 2024Scope 1: 6,060,200 tCO2eRevenue: $M 3,535Scope 1 Intensity: 1,714.31 tCO2e/$MCheniere EnergyYear: 2025Scope 1: 11,589,814 tCO2eRevenue: $M 19,976Scope 1 Intensity: 580.19 tCO2e/$MONEOKYear: 2024Scope 1: 3,900,000 tCO2eRevenue: $M 21,698Scope 1 Intensity: 179.74 tCO2e/$MTarga ResourcesYear: 2024Scope 1: 10,200,000 tCO2eRevenue: $M 16,382Scope 1 Intensity: 622.65 tCO2e/$MEnergy TransferYear: 2023Scope 1: 19,544,494 tCO2eRevenue: $M 78,586Scope 1 Intensity: 248.70 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MEnterprise Products Partners L.PYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MKoninklijke VopakYear: 2025Scope 1: 129,617 tCO2eRevenue: $M 1,527Scope 1 Intensity: 84.88 tCO2e/$MQatar Gas Transport Co Ltd (Nakilat) (QPSC)Year: 2024Scope 1: 5,211,345 tCO2eRevenue: $M 1,008Scope 1 Intensity: 5,169.59 tCO2e/$MHess MidstreamYear: 2024Scope 1: 479,446 tCO2eRevenue: $M 1,492Scope 1 Intensity: 321.37 tCO2e/$MKinetik HoldingsYear: 2024Scope 1: 2,377,360 tCO2eRevenue: $M 1,483Scope 1 Intensity: 1,603.15 tCO2e/$MFrontlineYear: 2024Scope 1: 3,095,498 tCO2eRevenue: $M 2,050Scope 1 Intensity: 1,509.72 tCO2e/$MAntero MidstreamYear: 2024Scope 1: 2,002,955 tCO2eRevenue: $M 1,177Scope 1 Intensity: 1,701.94 tCO2e/$MCOSCO SHIPPING EnergyYear: 2024Scope 1: 3,914,610 tCO2eRevenue: $M 3,173Scope 1 Intensity: 1,233.63 tCO2e/$MDT MidstreamYear: 2024Scope 1: 1,612,970 tCO2eRevenue: $M 981Scope 1 Intensity: 1,644.21 tCO2e/$MMPLXYear: 2024Scope 1: 6,300,000 tCO2eRevenue: $M 10,904Scope 1 Intensity: 577.77 tCO2e/$MWilliams CompaniesYear: 2024Scope 1: 13,389,356 tCO2eRevenue: $M 10,503Scope 1 Intensity: 1,274.81 tCO2e/$MEnbridgeYear: 2024Scope 1: 7,532,000 tCO2eRevenue: $M 37,173Scope 1 Intensity: 202.62 tCO2e/$MGibson EnergyYear: 2024Scope 1: 125,044 tCO2eRevenue: $M 8,189Scope 1 Intensity: 15.27 tCO2e/$MPembina PipelineYear: 2025Scope 1: 4,365,457 tCO2eRevenue: $M 5,680Scope 1 Intensity: 768.60 tCO2e/$MTC EnergyYear: 2024Scope 1: 22,351,000 tCO2eRevenue: $M 9,573Scope 1 Intensity: 2,334.75 tCO2e/$MKeyeraYear: 2024Scope 1: 1,408,005 tCO2eRevenue: $M 4,962Scope 1 Intensity: 283.73 tCO2e/$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 tCO₂e per millions USD. Compared to the peer group median of 768.6, 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 4 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places AltaGas among the top performers, with one of the lowest emissions intensities relative to peers.a

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