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International Petroleum Corp
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind International Petroleum’s Greenhouse Gas (GHG) Emissions Data
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Insights into International Petroleum's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions ofInternational Petroleum amounted to987,829metric 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 2022, the total operational greenhouse gas (GHG) emissions of International Petroleumincreased by 7.91%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
International Petroleum's Scope 1 Emissions Over Time
- 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).a
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.a
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.a
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.a
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.a
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.a
What methodology does International Petroleum use for Scope 2 reporting?
In 2023, International Petroleum reported its Scope 2 emissions using an unspecified methodology.a
International Petroleum's Scope 2 Emissions Over Time
- 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.a
The 2023 disclosure of International Petroleum includes a breakdown across 1of 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.a
International Petroleum's Scope 3 Emissions Over Time
- 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).a
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.a
Has International Petroleum reduced its Scope 3 emissions over time?
Since 2020, International Petroleum's Scope 3 emissionshave remained relatively stable, indicating that International Petroleum's emissions have plateaued with no significant change in its value chain footprint.a
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.a
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.a
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:a
- Business Travel (Cat. 6): 84 tCOâ‚‚e(100%)
International Petroleum's Scope 3 Emissions by Categories
Insights into International Petroleum’s GHG Emissions Intensity Compared to Industry Peers
In 2023, International Petroleum reported Scope 1 greenhouse gas (GHG) emissions of 865,305 tCOâ‚‚e and total revenues of USD 10,477 millions. This translates into an emissions intensity of 82.59 tCOâ‚‚e per millions USD.a
International Petroleum's Scope 1 Emissions Intensity Compared to Peers
How does International Petroleum's GHG emissions intensity compare to its peers?
In 2023, International Petroleum reported a Scope 1 emissions intensity of 82.59 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 International Petroleum rank on GHG emissions intensity within its industry?
In 2023, International Petroleum ranked 4 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 International Petroleum among the top performers, with one of the lowest emissions intensities relative to peers.a
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.a
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%.a