International Petroleum Corp

Common Name
International Petroleum
Country
Canada
Sector
Energy
Industry
Oil & Gas E&P
Employees
N/A
Ticker
IPCO
Exchange
NASDAQ STOCKHOLM AB
Description
International Petroleum Corp. is a prominent entity in the oil and gas sector, focusing on the exploration, development, and production of oil and natural gas assets. The company's portfolio is divers...

International Petroleum's GHG Emissions Data Preview

In 2023, International Petroleum 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).

International Petroleum has also provided a category-level breakdown for 1 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
Unspecified Calculation Method
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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 International Petroleum's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of International Petroleum amounted to 987,829 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 International Petroleum increased by 7.91%, suggesting that the company faced challenges in reducing its emissions from its core operations.

International Petroleum's Scope 1 Emissions Over Time

20202021202220230250 k500 k750 k1 MtCO2e+8%+9%+9%
  • Total Scope 1
  • Year-over-Year Change

What are International Petroleum's Scope 1 emissions?

In 2023, the total Scope 1 emissions of International Petroleum were 865,305 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has International Petroleum reduced its Scope 1 emissions over time?

Since 2020, International Petroleum's Scope 1 emissions have increased by 27.53%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), International Petroleum's Scope 1 emissions increased by 8.7%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are International Petroleum's Scope 2 emissions?

In 2023, International Petroleum reported Scope 2 greenhouse gas (GHG) emissions of 122,524 tCOâ‚‚e without specifying the calculation method.

Has International Petroleum reduced its Scope 2 emissions over time?

Since 2020, International Petroleum's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 16.74%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), International Petroleum's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that International Petroleum 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does International Petroleum use for Scope 2 reporting?

In 2023, International Petroleum reported its Scope 2 emissions using an unspecified methodology.

International Petroleum's Scope 2 Emissions Over Time

2020202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into International Petroleum's Value Chain Emissions

In 2023, International Petroleum reported 18,934 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 International Petroleum includes a breakdown across 1 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.

International Petroleum's Scope 3 Emissions Over Time

202020212022202307.5 k15 k22.5 k30 ktCO2e-17%+90%-33%
  • Total Scope 3
  • Year-over-Year Change

What are International Petroleum's Scope 3 emissions?

In 2023, International Petroleum reported total Scope 3 emissions of 18,934 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has International Petroleum reduced its Scope 3 emissions over time?

Since 2020, International Petroleum's Scope 3 emissions have remained relatively stable, indicating that International Petroleum 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), International Petroleum's Scope 3 emissions decreased by 32.84%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does International Petroleum disclose?

In 2023, International Petroleum reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of International Petroleum's Scope 3 emissions?

In 2023, the largest contributors to International Petroleum's Scope 3 emissions were:

  • Business Travel (Cat. 6): 84 tCOâ‚‚e (100%)

International Petroleum's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into International Petroleum's Total Carbon Footprint

In 2023, International Petroleum reported a total carbon footprint of 1,006,763 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.69% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to International Petroleum's total carbon footprint was Scope 1 emissions, accounting for 85.95% of the company's total carbon footprint, followed by Scope 2 emissions at 12.17%.

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