ARC Resources Ltd

Common Name
ARC Resources
Country
Canada
Sector
Energy
Industry
Oil & Gas E&P
Employees
N/A
Ticker
ARX
Exchange
TORONTO STOCK EXCHANGE
Description
Arc Resources Ltd. is a premier energy company specializing in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. Established in the robust energy sector ...

ARC Resources's GHG Emissions Data Preview

In 2022, ARC Resources 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, ARC Resources has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2022202120202019 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind ARC Resources’s Greenhouse Gas (GHG) Emissions Data

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a. ARC Resources's ESG Report 2023
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Insights into ARC Resources's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of ARC Resources amounted to 1,877,926 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 2021, the total operational greenhouse gas (GHG) emissions of ARC Resources increased by 0.93%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

ARC Resources's Scope 1 Emissions Over Time

202120220500 k1 M1.5 M2 MtCO2e0%
  • Total Scope 1
  • Year-over-Year Change

What are ARC Resources's Scope 1 emissions?

In 2022, the total Scope 1 emissions of ARC Resources were 1,827,985 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2021), ARC Resources's Scope 1 emissions remained relatively stable, indicating that ARC Resources's emissions have plateaued with no significant change in its operational footprint. a

What are ARC Resources's Scope 2 emissions?

In 2022, ARC Resources reported Scope 2 greenhouse gas (GHG) emissions of 49,941 tCO₂e without specifying the calculation method. a

Has ARC Resources reduced its Scope 2 emissions over time?

Compared to the previous year (2021), ARC Resources's Scope 2 emissions (Unspecified Calculation Method) rose by 20.25% in 2022, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does ARC Resources use for Scope 2 reporting?

In 2022, ARC Resources reported its Scope 2 emissions using an unspecified methodology. a

ARC Resources's Scope 2 Emissions Over Time

20212022015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into ARC Resources’s GHG Emissions Intensity Compared to Industry Peers

In 2022, ARC Resources reported Scope 1 greenhouse gas (GHG) emissions of 1,827,985 tCO₂e and total revenues of USD 7,278 millions. This translates into an emissions intensity of 251.17 tCO₂e per millions USD. a

ARC Resources's Scope 1 Emissions Intensity Compared to Peers

20,000100,0001,000,00010,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Chord EnergyYear: 2023Scope 1: 1,500,209 tCO2eRevenue: $M 3,897Scope 1 Intensity: 385.00 tCO2e/$MAntero ResourcesYear: 2023Scope 1: 221,063 tCO2eRevenue: $M 4,279Scope 1 Intensity: 51.66 tCO2e/$MVar EnergiYear: 2023Scope 1: 195,706 tCO2eRevenue: $M 6,816Scope 1 Intensity: 28.71 tCO2e/$MVital EnergyYear: 2023Scope 1: 663,046 tCO2eRevenue: $M 1,548Scope 1 Intensity: 428.43 tCO2e/$MHarbour EnergyYear: 2023Scope 1: 1,289,900 tCO2eRevenue: $M 3,715Scope 1 Intensity: 347.21 tCO2e/$MAker BPYear: 2023Scope 1: 906,378 tCO2eRevenue: $M 13,580Scope 1 Intensity: 66.74 tCO2e/$MSM EnergyYear: 2023Scope 1: 484,493 tCO2eRevenue: $M 2,364Scope 1 Intensity: 204.96 tCO2e/$MCNX ResourcesYear: 2023Scope 1: 559,769 tCO2eRevenue: $M 1,506Scope 1 Intensity: 371.62 tCO2e/$MMagnolia Oil & GasYear: 2023Scope 1: 479,393 tCO2eRevenue: $M 1,227Scope 1 Intensity: 390.71 tCO2e/$MSantosYear: 2023Scope 1: 5,660,000 tCO2eRevenue: $M 9,048Scope 1 Intensity: 625.52 tCO2e/$MOccidental PetroleumYear: 2023Scope 1: 17,370,000 tCO2eRevenue: $M 28,257Scope 1 Intensity: 614.71 tCO2e/$MInpexYear: 2023Scope 1: 6,622,000 tCO2eRevenue: $M 15,305Scope 1 Intensity: 432.68 tCO2e/$MOvintivYear: 2023Scope 1: 3,307,430 tCO2eRevenue: $M 10,883Scope 1 Intensity: 303.91 tCO2e/$MPermian ResourcesYear: 2023Scope 1: 2,150,671 tCO2eRevenue: $M 3,121Scope 1 Intensity: 689.12 tCO2e/$MCalifornia ResourcesYear: 2023Scope 1: 2,603,000 tCO2eRevenue: $M 2,813Scope 1 Intensity: 925.35 tCO2e/$MAPA Corp (US)Year: 2023Scope 1: 5,962,000 tCO2eRevenue: $M 8,279Scope 1 Intensity: 720.14 tCO2e/$MPTTEPYear: 2023Scope 1: 6,744,227 tCO2eRevenue: $M 8,733Scope 1 Intensity: 772.23 tCO2e/$MRange ResourcesYear: 2023Scope 1: 202,525 tCO2eRevenue: $M 2,553Scope 1 Intensity: 79.32 tCO2e/$MMatador ResourcesYear: 2023Scope 1: 1,051,432 tCO2eRevenue: $M 2,818Scope 1 Intensity: 373.16 tCO2e/$MExpand EnergyYear: 2023Scope 1: 799,373 tCO2eRevenue: $M 7,775Scope 1 Intensity: 102.81 tCO2e/$MARC ResourcesYear: 2022Scope 1: 1,827,985 tCO2eRevenue: $M 7,278Scope 1 Intensity: 251.17 tCO2e/$M

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

In 2022, ARC Resources reported a Scope 1 emissions intensity of 251.17 tCO₂e per millions USD. Compared to the peer group median of 379.08, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does ARC Resources rank on GHG emissions intensity within its industry?

In 2022, ARC Resources ranked 7 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

ARC Resources 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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