Tourmaline Oil Corp

Common Name
Tourmaline Oil
Country
Canada
Sector
Energy
Industry
Oil & Gas E&P
Employees
458
Ticker
TOU
Exchange
TORONTO STOCK EXCHANGE
Description
Tourmaline Oil Corp. is a Canadian independent exploration and production company focused on developing petroleum and natural gas resources in the Western Canadian Sedimentary Basin. Its core assets s...

Tourmaline Oil's Climate Target Data Preview

As of 2023, Tourmaline Oil has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Tourmaline Oil ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Natural Gas Produced
Copy restricted. Please purchase to unlock this data.
a
2027
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Natural Gas Produced
Copy restricted. Please purchase to unlock this data.
a
2027
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Tourmaline Oil’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Tourmaline Oil’s data sources below and access millions more through our Disclosure Search.

a. Tourmaline Oil's Sustainability Report 2023
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Insights into Tourmaline Oil's Greenhouse Gas Emissions Pathways

As of 2023, Tourmaline Oil has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Tourmaline Oil have a target to reduce the emissions from its operations?

As of 2023, Tourmaline Oil has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Tourmaline Oil's most ambitious operational target is to reduce these emissions by 55% by 2027, compared to a baseline of 0.004 Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Natural Gas Produced in 2020. a

As of 2023, Tourmaline Oil is ahead of schedule on its operational emissions reduction target, having achieved 49.09% of the planned reduction. a

Tourmaline Oil's Operational (Scope 1+2) Emissions Pathway

20202023202700000BaselineCurrent (-27%)Target 2027 (-55%)
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