International Petroleum
International Petroleum Corporation (IPC), commonly referred to as International Petroleum, is a prominent player in the global oil and gas industry. Headquartered in Calgary, Canada, IPC operates primarily in Canada and Sweden, focusing on exploration and production activities. Founded in 2017, the company has quickly established itself through strategic acquisitions and a commitment to sustainable practices. IPC's core offerings include the development of oil and gas resources, with a particular emphasis on enhancing production efficiency and minimising environmental impact. The company is recognised for its innovative approaches to resource management, which set it apart in a competitive market. With a strong operational presence and a dedication to responsible energy production, International Petroleum continues to solidify its position as a key contributor to the energy sector.
DitchCarbon Score
How does International Petroleum's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
International Petroleum's score of 16 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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International Petroleum's reported carbon emissions
In 2022, International Petroleum reported total carbon emissions of approximately 796,081,000 kg CO2e from Scope 1, which includes emissions from stationary combustion (about 667,725,000 kg CO2e), mobile combustion (about 1,063,000 kg CO2e), and process emissions (about 678,000 kg CO2e). The company also disclosed Scope 2 emissions of approximately 119,343,000 kg CO2e and Scope 3 emissions related to business travel amounting to about 14,000 kg CO2e. Comparatively, in 2021, the company recorded approximately 730,512,000 kg CO2e in Scope 1 emissions, with Scope 2 emissions at about 127,077,000 kg CO2e and Scope 3 emissions from business travel at about 38,000 kg CO2e. This indicates a rise in Scope 1 emissions from 2021 to 2022. International Petroleum has not set specific reduction targets or initiatives as part of their climate commitments, nor do they appear to be part of any formal climate pledges such as the Science Based Targets initiative (SBTi). The emissions data is not cascaded from any parent organization, indicating that the figures are solely representative of International Petroleum's own operations. Overall, while the company has made strides in reporting its emissions, it currently lacks defined reduction strategies or commitments to mitigate its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 696,699,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 138,404,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 14,000 | 000,000 | 00,000 | 00,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
International Petroleum is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
