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Ovintiv Inc
Ovintiv's GHG Emissions Data Preview
In 2024, Ovintiv 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, Ovintiv has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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 Ovintiv’s Greenhouse Gas (GHG) Emissions Data
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Insights into Ovintiv's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofOvintiv amounted to5,351,601metric 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 2023, the total operational greenhouse gas (GHG) emissions of Ovintivdecreased by 7.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Ovintiv's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Ovintiv's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Ovintiv were 4,669,988 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Ovintiv reduced its Scope 1 emissions over time?
Since 2019, Ovintiv's Scope 1 emissions have decreased by 21.59%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Ovintiv's Scope 1 emissions decreased by 9.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Ovintiv's Scope 2 emissions?
In 2024, Ovintiv reported Scope 2 greenhouse gas (GHG) emissions of 681,613 tCOâ‚‚e without specifying the calculation method.a
Has Ovintiv reduced its Scope 2 emissions over time?
Since 2019, Ovintiv's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 60.4%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Ovintiv's Scope 2 emissions(Unspecified Calculation Method) rose by 12.72% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Ovintiv use for Scope 2 reporting?
In 2024, Ovintiv reported its Scope 2 emissions using an unspecified methodology.a
Ovintiv's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Ovintiv’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Ovintiv reported Scope 1 greenhouse gas (GHG) emissions of 4,669,988 tCOâ‚‚e and total revenues of USD 9,152 millions. This translates into an emissions intensity of 510.27 tCOâ‚‚e per millions USD.a
Ovintiv's Scope 1 Emissions Intensity Compared to Peers
How does Ovintiv's GHG emissions intensity compare to its peers?
In 2024, Ovintiv reported a Scope 1 emissions intensity of 510.27 tCOâ‚‚e per millions USD. Compared to the peer group median of 304.99, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Ovintiv rank on GHG emissions intensity within its industry?
In 2024, Ovintiv ranked 20 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 Ovintiv among the least efficient performers, with one of the highest emissions intensities in its sector.a