Ovintiv Inc
Ovintiv's Climate Target Data Preview
As of 2024, Ovintiv has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 intensity-based targets, 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 Ovintiv ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CH4 (mtCH4) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CH4 (mtCH4) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind Ovintiv’s Climate Targets Data
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Insights into Ovintiv's Greenhouse Gas Emissions Pathways
As of 2024, Ovintiv 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 Ovintiv have a target to reduce the emissions from its operations?
As of 2024, Ovintiv has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Ovintiv's most ambitious operational target is to reduce these emissions by 60% by 2030, compared to a baseline of 0 Metric Tonnes of CH4 (mtCH4) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced in 2019. a
Ovintiv has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a