MEG Energy Corp
MEG Energy's Climate Target Data Preview
As of 2023, MEG Energy has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into MEG Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind MEG Energy’s Climate Targets Data
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Insights into MEG Energy's Greenhouse Gas Emissions Pathways
As of 2023, MEG Energy has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a
Does MEG Energy have a target to reduce the emissions from its operations?
As of 2023, MEG Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
MEG Energy's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 2,304,490 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
Instead of reducing operational emissions, MEG Energy has increased them, with 2022 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a