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 2023, 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Gibson Energy amounted to 170,866 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Gibson Energy increased by 4.49%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Gibson Energy's Scope 1 Emissions Over Time

202120222023030 k60 k90 k120 ktCO2e+11%+7%
  • Total Scope 1
  • Year-over-Year Change

What are Gibson Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Gibson Energy were 115,192 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Gibson Energy reduced its Scope 1 emissions over time?

Since 2021, Gibson Energy's Scope 1 emissions have increased by 19.25%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Gibson Energy's Scope 1 emissions increased by 7.43%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Gibson Energy's Scope 2 emissions?

In 2023, Gibson Energy reported Scope 2 greenhouse gas (GHG) emissions of 48,807 tCOâ‚‚e using the market-based method, and 55,674 tCOâ‚‚e using the location-based method.

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.

Compared to the previous year (2022), 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.

What methodology does Gibson Energy use for Scope 2 reporting?

In 2023, Gibson Energy reported its Scope 2 emissions using the market-based method and using the location-based method.

Gibson Energy's Scope 2 Emissions Over Time

202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Gibson Energy's Value Chain Emissions

In 2023, Gibson Energy reported 1,456,406 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Gibson Energy includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Gibson Energy's Scope 3 Emissions Over Time

2021202220230400 k800 k1.2 M1.6 MtCO2e+3%+17%
  • Total Scope 3
  • Year-over-Year Change

What are Gibson Energy's Scope 3 emissions?

In 2023, Gibson Energy reported total Scope 3 emissions of 1,456,406 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 94% of these emissions originated from upstream activities such as purchased goods and capital goods, while 6% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Gibson Energy reduced its Scope 3 emissions over time?

Since 2021, Gibson Energy's Scope 3 emissions have increased by 19.84%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Gibson Energy's Scope 3 emissions increased by 16.54%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Gibson Energy disclose?

In 2023, Gibson Energy reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Gibson Energy's Scope 3 emissions were:

  • Downstream Transportation and Distribution (Cat. 9): 591,029 tCOâ‚‚e (40.58%)
  • Purchased Goods and Services (Cat. 1): 444,950 tCOâ‚‚e (30.55%)
  • Upstream Transportation and Distribution (Cat. 4): 319,308 tCOâ‚‚e (21.92%)

Gibson Energy's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(40.6%)UpstreamTransportation andDistribution(Cat. 4)(21.9%)Purchased Goods andServices (Cat. 1)(30.6%)

Insights into Gibson Energy's Total Carbon Footprint

In 2023, Gibson Energy reported a total carbon footprint of 1,627,272 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.14% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Gibson Energy's total carbon footprint was Scope 3 emissions, accounting for 89.5% of the company's total carbon footprint, followed by Scope 1 emissions at 7.08%.

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