Canadian Natural Resources Ltd

Common Name
Canadian Natural Resources
Country
Canada
Sector
Energy
Industry
Oil & Gas E&P
Employees
10,640
Ticker
CNQ
Exchange
TORONTO STOCK EXCHANGE
Description
Canadian Natural Resources Limited is a leading independent oil and natural gas exploration, development, and production company. Primarily operating within Canada, the company is a major player in th...

Canadian Natural Resources's Climate Target Data Preview

As of 2023, Canadian Natural Resources has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, 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 Canadian Natural Resources ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Venting
Metric Tonnes of CH4 (mtCH4)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b, a
2035
*. 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 Canadian Natural Resources’s Climate Targets 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 Canadian Natural Resources’s data sources below and access millions more through our Disclosure Search.

a. Canadian Natural Resources's CDP Climate sourced from company’s website 2023
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b. Canadian Natural Resources's Sustainability Report 2022
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Insights into Canadian Natural Resources's Greenhouse Gas Emissions Pathways

As of 2023, Canadian Natural Resources 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 b

Does Canadian Natural Resources have a target to reduce the emissions from its operations?

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

Canadian Natural Resources's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 184,325 Metric Tonnes of CH4 (mtCH4) in 2016. a b

Canadian Natural Resources has already surpassed its operational emissions reduction target, with 2022 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a b

Canadian Natural Resources's Operational (Scope 1+2) Emissions Pathway

201620222030050 k100 k150 k200 kBaselineCurrent (-50%)
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