Suncor Energy Inc

Common Name
Suncor Energy
Country
Canada
Sector
Energy
Industry
Oil & Gas Integrated
Employees
15,010
Ticker
SU
Exchange
TORONTO STOCK EXCHANGE
Description
Suncor Energy Inc. is a prominent integrated energy company known for its expertise in the extraction and refining of oil sands, based primarily in Canada. Its primary function is to explore and produ...

Suncor Energy's GHG Emissions Data Preview

In 2022, Suncor Energy 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).

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

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 Suncor Energy's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Suncor Energy amounted to 34,970,000 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 2021, the total operational greenhouse gas (GHG) emissions of Suncor Energy increased by 2.4%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Suncor Energy's Scope 1 Emissions Over Time

2018201920202021202208.5 M17 M25.5 M34 MtCO2e+4%-5%+2%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Suncor Energy's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Suncor Energy were 33,520,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Suncor Energy reduced its Scope 1 emissions over time?

Since 2018, Suncor Energy's Scope 1 emissions have increased by 3.42%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Suncor Energy's Scope 1 emissions increased by 2.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Suncor Energy's Scope 2 emissions?

In 2022, Suncor Energy reported Scope 2 greenhouse gas (GHG) emissions of 1,450,000 tCOâ‚‚e without specifying the calculation method.

Has Suncor Energy reduced its Scope 2 emissions over time?

Since 2018, Suncor Energy's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 11.59%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2021), Suncor Energy's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Suncor Energy 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Suncor Energy use for Scope 2 reporting?

In 2022, Suncor Energy reported its Scope 2 emissions using an unspecified methodology.

Suncor Energy's Scope 2 Emissions Over Time

201820192020202120220450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Suncor Energy's Value Chain Emissions

In 2022, Suncor Energy reported 146,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2022 disclosure of Suncor Energy includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Suncor Energy's Scope 3 Emissions Over Time

202020212022040 M80 M120 M160 MtCO2e+4%+14%
  • Total Scope 3
  • Year-over-Year Change

What are Suncor Energy's Scope 3 emissions?

In 2022, Suncor Energy reported total Scope 3 emissions of 146,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 6.85% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.15% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2021), Suncor Energy's Scope 3 emissions increased by 14.42%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Suncor Energy disclose?

In 2022, Suncor Energy reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

What are the main sources of Suncor Energy's Scope 3 emissions?

In 2022, the largest contributors to Suncor Energy's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 126,000,000 tCOâ‚‚e (86.3%)
  • Processing of Sold Products (Cat. 10): 10,000,000 tCOâ‚‚e (6.85%)
  • Fuel- and Energy-Related Services (Cat. 3): 10,000,000 tCOâ‚‚e (6.85%)

Suncor Energy's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(6.8%)Fuel- andEnergy-RelatedServices (Cat. 3)(6.8%)Use of Sold Products(Cat. 11)(86.3%)

Insights into Suncor Energy's Total Carbon Footprint

In 2022, Suncor Energy reported a total carbon footprint of 180,970,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.88% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Suncor Energy's total carbon footprint was Scope 3 emissions, accounting for 80.68% of the company's total carbon footprint, followed by Scope 1 emissions at 18.52%.

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