Gibson Energy Inc

Common Name
Gibson Energy
Country
Canada
Sector
Energy
Industry
Oil & Gas Midstream
Employees
N/A
Ticker
GEI
Exchange
TORONTO STOCK EXCHANGE
Description
Gibson Energy Inc. is a prominent Canadian company specializing in integrated midstream energy operations. Its primary function is to provide essential transportation, storage, and processing services...

Gibson Energy's Climate Target Data Preview

As of 2024, Gibson Energy has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 6 intensity-based target 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 Gibson Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Crude Oil Processed
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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 Crude Oil from Unspecified Activities
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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 Crude Oil from Unspecified Activities
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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 Crude Oil Processed
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Crude Oil from Unspecified Activities
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Crude Oil from Unspecified Activities
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

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 Gibson Energy's Greenhouse Gas Emissions Pathways

As of 2024, Gibson 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 Gibson Energy have a target to reduce the emissions from its operations?

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

Gibson Energy's most ambitious operational target is to reduce these emissions by 100% by 2030, compared to a baseline of 46,858 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing operational emissions, Gibson Energy has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

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

2020202320252030015 k30 k45 k60 kCurrent (+0%)Target 2025 (-50%)Target 2030 (-100%)
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