MEG Energy Corp
MEG Energy's GHG Emissions Data Preview
In 2023, MEG 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) and Scope 2 (indirect emissions from purchased energy).
However, MEG Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| 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.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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 |
Verified Sources Behind MEG Energy’s Greenhouse Gas (GHG) Emissions Data
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Insights into MEG Energy's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of MEG Energy amounted to 2,383,149 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 2022, the total operational greenhouse gas (GHG) emissions of MEG Energy increased by 0.62%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
MEG Energy's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are MEG Energy's Scope 1 emissions?
In 2023, the total Scope 1 emissions of MEG Energy were 2,382,468 metric tons of CO₂ equivalent (tCO₂e). a
Has MEG Energy reduced its Scope 1 emissions over time?
Since 2018, MEG Energy's Scope 1 emissions have increased by 11.3%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), MEG Energy's Scope 1 emissions remained relatively stable, indicating that MEG Energy's emissions have plateaued with no significant change in its operational footprint. a
What are MEG Energy's Scope 2 emissions?
In 2023, MEG Energy reported Scope 2 greenhouse gas (GHG) emissions of 681 tCO₂e without specifying the calculation method. a
Has MEG Energy reduced its Scope 2 emissions over time?
Since 2018, MEG Energy's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 3,305%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), MEG Energy's Scope 2 emissions (Unspecified Calculation Method) rose by 77.81% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does MEG Energy use for Scope 2 reporting?
In 2023, MEG Energy reported its Scope 2 emissions using an unspecified methodology. a
MEG Energy's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into MEG Energy’s GHG Emissions Intensity Compared to Industry Peers
In 2023, MEG Energy reported Scope 1 greenhouse gas (GHG) emissions of 2,382,468 tCO₂e and total revenues of USD 4,614 millions. This translates into an emissions intensity of 516.3 tCO₂e per millions USD. a
MEG Energy's Scope 1 Emissions Intensity Compared to Peers
How does MEG Energy's GHG emissions intensity compare to its peers?
In 2023, MEG Energy reported a Scope 1 emissions intensity of 516.3 tCO₂e per millions USD. Compared to the peer group median of 326.86 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does MEG Energy rank on GHG emissions intensity within its industry?
In 2023, MEG Energy ranked 18 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places MEG Energy among the least efficient performers, with one of the highest emissions intensities in its sector. a