Crescent Point Energy Corp

Common Name
Crescent Point Energy
Country
Canada
Sector
Energy
Industry
Oil & Gas E&P
Employees
746
Ticker
VRN
Exchange
TORONTO STOCK EXCHANGE
Website
vrn.com
Description
Veren Inc. is a prominent player in the biotechnology sector, focused on the discovery and development of innovative therapies for diseases with high unmet medical needs. The primary function of Veren...

Crescent Point Energy's Climate Target Data Preview

As of 2024, Crescent Point Energy has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based 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 Crescent Point Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
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2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Crescent Point Energy's Greenhouse Gas Emissions Pathways

As of 2024, Crescent Point Energy 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.

Does Crescent Point Energy have a target to reduce the emissions from its operations?

As of 2024, Crescent Point Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Crescent Point Energy's most ambitious operational target is to reduce these emissions by 33.33% by 2030, compared to a baseline of 0.03 Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced in 2020.

As of 2023, Crescent Point Energy is ahead of schedule on its operational emissions reduction target, having achieved 70% of the planned reduction.

Crescent Point Energy's Operational (Scope 1+2) Emissions Pathway

202020232025203000.010.020.020.03BaselineCurrent (-23%)
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