Ovintiv Inc

Common Name
Ovintiv
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
1,623
Ticker
OVV
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Ovintiv Inc. is a prominent North American energy production company that primarily focuses on the exploration, development, and production of oil, natural gas, and natural gas liquids. With a strong ...

Ovintiv's GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Ovintiv's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Ovintiv amounted to 3,659,313 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Ovintiv decreased by 2.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Ovintiv's Scope 1 Emissions Over Time

20182019202020212022202301.5 M3 M4.5 M6 MtCO2e+6%-23%-16%-12%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Ovintiv's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Ovintiv were 3,307,430 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Ovintiv reduced its Scope 1 emissions over time?

Since 2018, Ovintiv's Scope 1 emissions have decreased by 41.19%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Ovintiv's Scope 1 emissions decreased by 2.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Ovintiv's Scope 2 emissions?

In 2023, Ovintiv reported Scope 2 greenhouse gas (GHG) emissions of 351,883 tCOâ‚‚e without specifying the calculation method.

Has Ovintiv reduced its Scope 2 emissions over time?

Since 2018, Ovintiv's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 10.03%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Ovintiv's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Ovintiv 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Ovintiv use for Scope 2 reporting?

In 2023, Ovintiv reported its Scope 2 emissions using an unspecified methodology.

Ovintiv's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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