Imperial Oil Ltd

Common Name
Imperial Oil
Country
Canada
Sector
Energy
Industry
Oil & Gas Integrated
Employees
5,100
Ticker
IMO
Exchange
TORONTO STOCK EXCHANGE
Description
Imperial Oil Limited is a leading integrated energy company based in Canada, with a heritage dating back to 1880. Operating across the entire energy value chain, its primary focus is the exploration, ...

Imperial Oil's GHG Emissions Data Preview

In 2022, Imperial Oil 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) and Scope 2 (indirect emissions from purchased energy).

However, Imperial Oil has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2022202120202019 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Imperial Oil’s Greenhouse Gas (GHG) Emissions Data

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a. Imperial Oil's Sustainability Report 2023
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Insights into Imperial Oil's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Imperial Oil amounted to 24,340,000 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). a

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Imperial Oil increased by 2.44%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Imperial Oil's Scope 1 Emissions Over Time

2018201920202021202206 M12 M18 M24 MtCO2e+1%-1%+6%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Imperial Oil's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Imperial Oil were 23,200,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Imperial Oil reduced its Scope 1 emissions over time?

Since 2018, Imperial Oil's Scope 1 emissions have increased by 7.91%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2021), Imperial Oil's Scope 1 emissions increased by 2.2%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Imperial Oil's Scope 2 emissions?

In 2022, Imperial Oil reported Scope 2 greenhouse gas (GHG) emissions of 1,140,000 tCO₂e without specifying the calculation method. a

Has Imperial Oil reduced its Scope 2 emissions over time?

Since 2018, Imperial Oil's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Imperial Oil 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2021), Imperial Oil's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Imperial Oil 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Imperial Oil use for Scope 2 reporting?

In 2022, Imperial Oil reported its Scope 2 emissions using an unspecified methodology. a

Imperial Oil's Scope 2 Emissions Over Time

201820192020202120220300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Imperial Oil’s GHG Emissions Intensity Compared to Industry Peers

In 2022, Imperial Oil reported Scope 1 greenhouse gas (GHG) emissions of 23,200,000 tCO₂e and total revenues of USD 42,287 millions. This translates into an emissions intensity of 548.63 tCO₂e per millions USD. a

Imperial Oil's Scope 1 Emissions Intensity Compared to Peers

20,000500,0005,000,00050,000,0001,000,000,000Scope 1 Emissions (tCO2e)2002,00020,000200,0002,000,000Revenues (Millions of USD)OMVYear: 2023Scope 1: 10,000,000 tCO2eRevenue: $M 43,678Scope 1 Intensity: 228.95 tCO2e/$MARC ResourcesYear: 2022Scope 1: 1,827,985 tCO2eRevenue: $M 7,278Scope 1 Intensity: 251.17 tCO2e/$MChina Petroleum & ChemicalYear: 2023Scope 1: 142,280,000 tCO2eRevenue: $M 442,785Scope 1 Intensity: 321.33 tCO2e/$MRepsolYear: 2024Scope 1: 13,700,000 tCO2eRevenue: $M 59,442Scope 1 Intensity: 230.48 tCO2e/$MHELLENiQ ENERGY HoldingsYear: 2023Scope 1: 3,825,000 tCO2eRevenue: $M 14,171Scope 1 Intensity: 269.92 tCO2e/$MEniYear: 2024Scope 1: 31,100,000 tCO2eRevenue: $M 92,403Scope 1 Intensity: 336.57 tCO2e/$MParamount ResourcesYear: 2023Scope 1: 460,416 tCO2eRevenue: $M 1,551Scope 1 Intensity: 296.81 tCO2e/$MNuvista EnergyYear: 2023Scope 1: 319,098 tCO2eRevenue: $M 1,056Scope 1 Intensity: 302.16 tCO2e/$MEnbridgeYear: 2023Scope 1: 7,480,000 tCO2eRevenue: $M 32,970Scope 1 Intensity: 226.87 tCO2e/$MNK LukoilYear: 2022Scope 1: 41,202,000 tCO2eRevenue: $M 41,116Scope 1 Intensity: 1,002.08 tCO2e/$MShellYear: 2024Scope 1: 50,000,000 tCO2eRevenue: $M 209,933Scope 1 Intensity: 238.17 tCO2e/$MExxon MobilYear: 2024Scope 1: 91,000,000 tCO2eRevenue: $M 339,247Scope 1 Intensity: 268.24 tCO2e/$MBPYear: 2024Scope 1: 32,800,000 tCO2eRevenue: $M 139,575Scope 1 Intensity: 235.00 tCO2e/$MTotalEnergiesYear: 2024Scope 1: 33,000,000 tCO2eRevenue: $M 167,129Scope 1 Intensity: 197.45 tCO2e/$MPTTYear: 2023Scope 1: 40,730,000 tCO2eRevenue: $M 91,332Scope 1 Intensity: 445.96 tCO2e/$MTatneft' Imeni V.D. ShashinaYear: 2021Scope 1: 7,720,000 tCO2eRevenue: $M 16,866Scope 1 Intensity: 457.72 tCO2e/$MGalp EnergiaYear: 2023Scope 1: 2,991,742 tCO2eRevenue: $M 22,986Scope 1 Intensity: 130.15 tCO2e/$MEdisonYear: 2023Scope 1: 6,309,652 tCO2eRevenue: $M 20,405Scope 1 Intensity: 309.22 tCO2e/$MPetronas GasYear: 2023Scope 1: 5,859,402 tCO2eRevenue: $M 1,403Scope 1 Intensity: 4,177.22 tCO2e/$MImperial OilYear: 2022Scope 1: 23,200,000 tCO2eRevenue: $M 42,287Scope 1 Intensity: 548.63 tCO2e/$M

How does Imperial Oil's GHG emissions intensity compare to its peers?

In 2022, Imperial Oil reported a Scope 1 emissions intensity of 548.63 tCO₂e per millions USD. Compared to the peer group median of 269.92, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Imperial Oil rank on GHG emissions intensity within its industry?

In 2022, Imperial Oil ranked 18 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Imperial Oil among the least efficient performers, with one of the highest emissions intensities in its sector. a

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