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 Energy Data Preview

In 2023, Gibson Energy disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Gibson Energy disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, Gibson Energy did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Gibson Energy’s Energy Management Data

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a. Gibson Energy's Sustainability Report 2023
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Insights into Gibson Energy's Energy Renewability

In 2023, Gibson Energy consumed a total of 1.96 million Gigajoules of energy across its operations. Of this total, 2.39% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 97.61% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Gibson Energy's Energy Renewability Rate

2%

How much of Gibson Energy's energy consumed is renewable?

In 2023, Gibson Energy consumed a total of 1.96 million Gigajoules of energy, of which 2.39% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Gibson Energy has considerable room to improve its energy sustainability strategy.

Are Gibson Energy's energy practices becoming more sustainable?

Since 2021, Gibson Energy's total energy consumption increased by 21.4%, including a 16.89% increase in 2023, reflecting a sustained rise in overall energy demand. a

Over the same period, the share of renewable energy increased by 1.99%, but declined by 3.29% in 2023, suggesting recent volatility or sourcing constraints. a

Overall, Gibson Energy’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Gibson Energy's Renewable vs Non-renewable Energy Over Time

365.91 k165.91 k34.09 k365.91 kGigajoules (GJ)20212022202312%89%88%88%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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