In 2023, Cardinal Energy Ltd (Alberta) 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, Cardinal Energy Ltd (Alberta) has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 234,000a | 225,000a | 231,000a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 211,000a | 234,000a | 228,000a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 521.7607a | 410.5027a | 650.5213a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Cardinal Energy Ltd (Alberta) amounted to 445,000 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 Cardinal Energy Ltd (Alberta) decreased by 3.05%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Cardinal Energy Ltd (Alberta) were 234,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Cardinal Energy Ltd (Alberta)'s Scope 1 emissions have increased by 1.3%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Cardinal Energy Ltd (Alberta)'s Scope 1 emissions increased by 4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Cardinal Energy Ltd (Alberta) reported Scope 2 greenhouse gas (GHG) emissions of 211,000 tCO₂e without specifying the calculation method.a
Since 2021, Cardinal Energy Ltd (Alberta)'s Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Cardinal Energy Ltd (Alberta)'s emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2022), Cardinal Energy Ltd (Alberta)'s Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Cardinal Energy Ltd (Alberta)'s emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Cardinal Energy Ltd (Alberta) reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Cardinal Energy Ltd (Alberta) reported Scope 1 greenhouse gas (GHG) emissions of 234,000 tCO₂e and total revenues of USD 448 millions. This translates into an emissions intensity of 521.76 tCO₂e per millions USD.a
In 2023, Cardinal Energy Ltd (Alberta) reported a Scope 1 emissions intensity of 521.76 tCO₂e per millions USD. Compared to the peer group median of 473.22, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Cardinal Energy Ltd (Alberta) ranked 13 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Cardinal Energy Ltd (Alberta) is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a