As of 2023, Whitecap Resources 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 Whitecap Resources's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities | -15%a | 2025 |
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CH4 (mtCH4) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities | -30%a | 2025 |
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As of 2023, Whitecap Resources 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
As of 2023, Whitecap Resources has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Whitecap Resources's most ambitious operational target is to reduce these emissions by 30% by 2025, compared to a baseline of 0 Metric Tonnes of CH4 (mtCH4) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities in 2020.a
As of 2022, Whitecap Resources is ahead of schedule on its operational emissions reduction target, having achieved 93.13% of the planned reduction.a