Parkland Corp

Country
Canada
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
N/A
Ticker
PKI
Exchange
TORONTO STOCK EXCHANGE
Description
Parkland Corporation is a multinational independent marketer and distributor of fuel and petroleum products. The company plays a crucial role in the energy sector by operating and supplying fuel stati...

Parkland Corp's GHG Emissions Data Preview

In 2023, Parkland Corp 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Parkland Corp has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Parkland Corp’s Greenhouse Gas (GHG) Emissions Data

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a. Parkland Corp's Sustainability Report 2023
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Insights into Parkland Corp's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Parkland Corp amounted to 550,442 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 Parkland Corp decreased by 10.7%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Parkland Corp's Scope 1 Emissions Over Time

201920202021202220230150 k300 k450 k600 ktCO2e-18%+15%+6%-12%
  • Total Scope 1
  • Year-over-Year Change

What are Parkland Corp's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Parkland Corp were 507,392 metric tons of CO₂ equivalent (tCO₂e). a

Has Parkland Corp reduced its Scope 1 emissions over time?

Since 2019, Parkland Corp's Scope 1 emissions have decreased by 12.94%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Parkland Corp's Scope 1 emissions decreased by 12.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Parkland Corp's Scope 2 emissions?

In 2023, Parkland Corp reported Scope 2 greenhouse gas (GHG) emissions of 42,970 tCO₂e using the market-based method and 43,050 tCO₂e using the location-based method. a

Has Parkland Corp reduced its Scope 2 emissions over time?

Since 2019, Parkland Corp's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 10.51%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Parkland Corp's Scope 2 emissions (Location-Based) rose by 10.42% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Parkland Corp use for Scope 2 reporting?

In 2023, Parkland Corp reported its Scope 2 emissions using the market-based method and using the location-based method. a

Parkland Corp's Scope 2 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Parkland Corp's Value Chain Emissions

In 2023, Parkland Corp reported 68,100,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Parkland Corp includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Parkland Corp's Scope 3 Emissions Over Time

2023020 M40 M60 M80 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Parkland Corp's Scope 3 emissions?

In 2023, Parkland Corp reported total Scope 3 emissions of 68,100,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Parkland Corp disclose?

In 2023, Parkland Corp reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Parkland Corp's Scope 3 emissions?

In 2023, the largest contributors to Parkland Corp's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 68,100,000 tCO₂e (100%)

Parkland Corp's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(100.0%)

Insights into Parkland Corp’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Parkland Corp reported Scope 1 greenhouse gas (GHG) emissions of 507,392 tCO₂e and total revenues of USD 24,513 millions. This translates into an emissions intensity of 20.7 tCO₂e per millions USD. a

Parkland Corp's Scope 1 Emissions Intensity Compared to Peers

2,00050,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2002,00010,00050,000500,000Revenues (Millions of USD)FLuberefYear: 2023Scope 1: 1,102,695 tCO2eRevenue: $M 2,530Scope 1 Intensity: 435.80 tCO2e/$MAKR CorporindoYear: 2023Scope 1: 25,016 tCO2eRevenue: $M 2,728Scope 1 Intensity: 9.17 tCO2e/$MARC ResourcesYear: 2022Scope 1: 1,827,985 tCO2eRevenue: $M 7,278Scope 1 Intensity: 251.17 tCO2e/$MQatar FuelYear: 2023Scope 1: 16,675 tCO2eRevenue: $M 7,674Scope 1 Intensity: 2.17 tCO2e/$MWorld KinectYear: 2020Scope 1: 41,600 tCO2eRevenue: $M 20,358Scope 1 Intensity: 2.04 tCO2e/$MFFFormosa PetrochemicalYear: 2023Scope 1: 24,004,680 tCO2eRevenue: $M 23,228Scope 1 Intensity: 1,033.42 tCO2e/$MSK InnovationYear: 2023Scope 1: 9,379,375 tCO2eRevenue: $M 60,484Scope 1 Intensity: 155.07 tCO2e/$MParamount ResourcesYear: 2023Scope 1: 460,416 tCO2eRevenue: $M 1,551Scope 1 Intensity: 296.81 tCO2e/$MTurkiye Petrol RafinerileriYear: 2023Scope 1: 6,503,635 tCO2eRevenue: $M 23,236Scope 1 Intensity: 279.90 tCO2e/$MNuvista EnergyYear: 2023Scope 1: 319,098 tCO2eRevenue: $M 1,056Scope 1 Intensity: 302.16 tCO2e/$MPetronas DaganganYear: 2023Scope 1: 53,600 tCO2eRevenue: $M 8,172Scope 1 Intensity: 6.56 tCO2e/$MEnbridgeYear: 2023Scope 1: 7,480,000 tCO2eRevenue: $M 32,970Scope 1 Intensity: 226.87 tCO2e/$MMotor Oil HellasYear: 2023Scope 1: 2,075,992 tCO2eRevenue: $M 14,739Scope 1 Intensity: 140.85 tCO2e/$MPhillips 66Year: 2024Scope 1: 32,700,000 tCO2eRevenue: $M 143,153Scope 1 Intensity: 228.43 tCO2e/$MCosanYear: 2023Scope 1: 2,395,754 tCO2eRevenue: $M 8,137Scope 1 Intensity: 294.41 tCO2e/$MSinopec Shanghai PetrochemicalYear: 2023Scope 1: 8,731,800 tCO2eRevenue: $M 13,088Scope 1 Intensity: 667.18 tCO2e/$MKunlun EnergyYear: 2023Scope 1: 373,839 tCO2eRevenue: $M 27,166Scope 1 Intensity: 13.76 tCO2e/$MDelek US HoldingsYear: 2023Scope 1: 2,700,000 tCO2eRevenue: $M 16,917Scope 1 Intensity: 159.60 tCO2e/$MIdemitsu KosanYear: 2023Scope 1: 13,487,000 tCO2eRevenue: $M 70,993Scope 1 Intensity: 189.98 tCO2e/$MS-OilYear: 2023Scope 1: 7,925,000 tCO2eRevenue: $M 27,959Scope 1 Intensity: 283.45 tCO2e/$MMOL Magyar Olaj es GazipariYear: 2022Scope 1: 6,640,000 tCO2eRevenue: $M 26,328Scope 1 Intensity: 252.21 tCO2e/$MParkland CorpYear: 2023Scope 1: 507,392 tCO2eRevenue: $M 24,513Scope 1 Intensity: 20.70 tCO2e/$M

How does Parkland Corp's GHG emissions intensity compare to its peers?

In 2023, Parkland Corp reported a Scope 1 emissions intensity of 20.7 tCO₂e per millions USD. Compared to the peer group median of 228.43, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Parkland Corp rank on GHG emissions intensity within its industry?

In 2023, Parkland Corp ranked 6 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Parkland Corp is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Parkland Corp's Total Carbon Footprint

In 2023, Parkland Corp reported a total carbon footprint of 68,650,442 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11,036.96% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Parkland Corp's total carbon footprint was Scope 3 emissions, accounting for 99.2% of the company's total carbon footprint, followed by Scope 1 emissions at 0.74%. a

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