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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 GHG Emissions Data Preview

In 2024, Gibson Energy 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Gibson Energy has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Gibson Energy’s Greenhouse Gas (GHG) Emissions 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 Gibson Energy’s data sources below and access millions more through our Disclosure Search.

a. Gibson Energy's Sustainability Report 2024
a. Gibson Energy's Sustainability Report 2024
b. Gibson Energy's Sustainability Report 2023
b. Gibson Energy's Sustainability Report 2023

Insights into Gibson Energy's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGibson Energy amounted to177,995metric 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 2023, the total operational greenhouse gas (GHG) emissions of Gibson Energyincreased by 4.17%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Gibson Energy's Scope 1 Emissions Over Time

2021202220232024035 k70 k105 k140 ktCO2e+11%+7%+9%
  • Total Scope 1
  • Year-over-Year Change

What are Gibson Energy's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Gibson Energy were 125,044 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Gibson Energy reduced its Scope 1 emissions over time?

Since 2021, Gibson Energy's Scope 1 emissions have increased by 29.45%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Gibson Energy's Scope 1 emissions increased by 8.55%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Gibson Energy's Scope 2 emissions?

In 2024, Gibson Energy reported Scope 2 greenhouse gas (GHG) emissions of 46,852 tCOâ‚‚e using the market-based method and 52,951 tCOâ‚‚e using the location-based method.a

Has Gibson Energy reduced its Scope 2 emissions over time?

Since 2021, Gibson Energy's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Gibson Energy's emissions have plateaued with no significant change in its energy consumption footprint.ab

Compared to the previous year(2023), Gibson Energy's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Gibson Energy's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Gibson Energy use for Scope 2 reporting?

In 2024, Gibson Energy reported its Scope 2 emissions using the market-based method and using the location-based method.a

Gibson Energy's Scope 2 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Gibson Energy's Value Chain Emissions

In 2024, Gibson Energy reported 1,703,178 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Gibson Energy includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Gibson Energy's Scope 3 Emissions Over Time

20212022202320240450 k900 k1.35 M1.8 MtCO2e+3%+17%+17%
  • Total Scope 3
  • Year-over-Year Change

What are Gibson Energy's Scope 3 emissions?

In 2024, Gibson Energy reported total Scope 3 emissions of 1,703,178 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 96.2%of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.8%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Gibson Energy reduced its Scope 3 emissions over time?

Since 2021, Gibson Energy's Scope 3 emissionshave increased by 40.14%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Gibson Energy's Scope 3 emissions increased by 16.94%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Gibson Energy disclose?

In 2024, Gibson Energy reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Gibson Energy's Scope 3 emissions?

In 2024, the largest contributors to Gibson Energy's Scope 3 emissions were:a

  • Upstream Transportation and Distribution (Cat. 4): 620,875 tCOâ‚‚e(36.45%)
  • Downstream Transportation and Distribution (Cat. 9): 568,842 tCOâ‚‚e(33.4%)
  • Purchased Goods and Services (Cat. 1): 434,848 tCOâ‚‚e(25.53%)

Gibson Energy's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(25.5%)DownstreamTransportation andDistribution(Cat. 9)(33.4%)UpstreamTransportation andDistribution(Cat. 4)(36.5%)

Insights into Gibson Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Gibson Energy reported Scope 1 greenhouse gas (GHG) emissions of 125,044 tCOâ‚‚e and total revenues of USD 8,189 millions. This translates into an emissions intensity of 15.27 tCOâ‚‚e per millions USD.a

Gibson Energy's Scope 1 Emissions Intensity Compared to Peers

502,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)VARC ResourcesYear: 2022Scope 1: 1,827,985 tCO2eRevenue: $M 7,278Scope 1 Intensity: 251.17 tCO2e/$MParamount ResourcesYear: 2024Scope 1: 524,527 tCO2eRevenue: $M 1,444Scope 1 Intensity: 363.19 tCO2e/$MNuvista EnergyYear: 2023Scope 1: 319,098 tCO2eRevenue: $M 1,056Scope 1 Intensity: 302.16 tCO2e/$MEnbridgeYear: 2024Scope 1: 7,532,000 tCO2eRevenue: $M 37,173Scope 1 Intensity: 202.62 tCO2e/$MMEG EnergyYear: 2023Scope 1: 2,382,468 tCO2eRevenue: $M 4,614Scope 1 Intensity: 516.30 tCO2e/$MWhitecap ResourcesYear: 2022Scope 1: 1,376,229 tCO2eRevenue: $M 3,532Scope 1 Intensity: 389.65 tCO2e/$MTC EnergyYear: 2024Scope 1: 22,351,000 tCO2eRevenue: $M 9,573Scope 1 Intensity: 2,334.75 tCO2e/$MCanadian Natural ResourcesYear: 2022Scope 1: 23,243,129 tCO2eRevenue: $M 36,595Scope 1 Intensity: 635.14 tCO2e/$MSuncor EnergyYear: 2022Scope 1: 33,520,000 tCO2eRevenue: $M 46,479Scope 1 Intensity: 721.19 tCO2e/$MTourmaline OilYear: 2024Scope 1: 3,668,283 tCO2eRevenue: $M 3,928Scope 1 Intensity: 933.94 tCO2e/$MParkland CorpYear: 2023Scope 1: 507,392 tCO2eRevenue: $M 24,513Scope 1 Intensity: 20.70 tCO2e/$MStrathcona ResourcesYear: 2024Scope 1: 3,577,855 tCO2eRevenue: $M 3,762Scope 1 Intensity: 951.09 tCO2e/$MVVVermilion EnergyYear: 2024Scope 1: 519,051 tCO2eRevenue: $M 1,442Scope 1 Intensity: 359.96 tCO2e/$MAthabasca OilYear: 2023Scope 1: 877,205 tCO2eRevenue: $M 958Scope 1 Intensity: 915.48 tCO2e/$MAltaGasYear: 2024Scope 1: 1,595,781 tCO2eRevenue: $M 8,653Scope 1 Intensity: 184.41 tCO2e/$MPrairiesky RoyaltyYear: 2023Scope 1: 94 tCO2eRevenue: $M 388Scope 1 Intensity: 0.24 tCO2e/$MCamecoYear: 2024Scope 1: 131,381 tCO2eRevenue: $M 1,581Scope 1 Intensity: 83.12 tCO2e/$MInternational PetroleumYear: 2023Scope 1: 865,305 tCO2eRevenue: $M 10,477Scope 1 Intensity: 82.59 tCO2e/$MGran Tierra EnergyYear: 2023Scope 1: 273,975 tCO2eRevenue: $M 637Scope 1 Intensity: 430.13 tCO2e/$MPembina PipelineYear: 2024Scope 1: 4,492,231 tCO2eRevenue: $M 5,133Scope 1 Intensity: 875.14 tCO2e/$MKeyeraYear: 2024Scope 1: 1,408,005 tCO2eRevenue: $M 4,962Scope 1 Intensity: 283.73 tCO2e/$MImperial OilYear: 2022Scope 1: 23,200,000 tCO2eRevenue: $M 42,287Scope 1 Intensity: 548.63 tCO2e/$MGibson EnergyYear: 2024Scope 1: 125,044 tCO2eRevenue: $M 8,189Scope 1 Intensity: 15.27 tCO2e/$M

How does Gibson Energy's GHG emissions intensity compare to its peers?

In 2024, Gibson Energy reported a Scope 1 emissions intensity of 15.27 tCOâ‚‚e per millions USD. Compared to the peer group median of 376.42, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Gibson Energy rank on GHG emissions intensity within its industry?

In 2024, Gibson Energy ranked 2 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Gibson Energy among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Gibson Energy's Total Carbon Footprint

In 2024, Gibson Energy reported a total carbon footprint of 1,881,173 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.6% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Gibson Energy's total carbon footprint was Scope 3 emissions, accounting for 90.54% of the company's total carbon footprint, followed by Scope 1 emissions at 6.65%.a

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