In 2024, Peyto Exploration & Development 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, Peyto Exploration & Development has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,052,296a | 651,331a | 685,954a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 33,208a | 27,919a | 27,827a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1,666.6388a | 853.6288a | 568.856a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Peyto Exploration & Development amounted to 1,085,504 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 2023, the total operational greenhouse gas (GHG) emissions of Peyto Exploration & Development increased by 59.81%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Peyto Exploration & Development were 1,052,296 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Peyto Exploration & Development's Scope 1 emissions have increased by 68.42%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Peyto Exploration & Development's Scope 1 emissions increased by 61.56%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Peyto Exploration & Development reported Scope 2 greenhouse gas (GHG) emissions of 33,208 tCO₂e without specifying the calculation method.a
Since 2021, Peyto Exploration & Development's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 19.34%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Peyto Exploration & Development's Scope 2 emissions (Unspecified Calculation Method) rose by 18.94% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Peyto Exploration & Development reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Peyto Exploration & Development reported Scope 1 greenhouse gas (GHG) emissions of 1,052,296 tCO₂e and total revenues of USD 631 millions. This translates into an emissions intensity of 1,666.64 tCO₂e per millions USD.a
In 2024, Peyto Exploration & Development reported a Scope 1 emissions intensity of 1,666.64 tCO₂e per millions USD. Compared to the peer group median of 430.13, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Peyto Exploration & Development ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Peyto Exploration & Development among the least efficient performers, with one of the highest emissions intensities in its sector.a