- Climate change transition risks impacting royalty revenues due to reduced demand for fossil fuels and increased regulatory costs for third-party operators.
- Limited internal resources for value chain mapping and biodiversity impact assessment.
Prairiesky Royalty Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Prairiesky Royalty Ltd. disclosed greenhouse gas emissions of 225.3 tCO2e/year. By scope: Scope 1: 94.2 tCO2e/year; Scope 2: 131.1 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
225.3 tCO2e/year
2023
Renewable Energy
100% of electricity and natural gas consumed at Calgary office
of total energy
Water Usage
0.58 megaliters/year
2023
Waste
1.4 tons/year
2023
Energy Use
762.6 MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 94.2 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 131.1 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 225.3 tCO2e/year |
| 2022 | 326.1 tCO2e/year (Scope 1, 2, and 3) |
| 2021 | 287.6 tCO2e/year |
| 2020 | 457.9 tCO2e (location-based); 34.6 tCO2e (market-based) |
| 2019 | 544.9 tCO2e (location-based), 91.6 tCO2e (market-based) |
| 2017 | 541 tonnes of CO2 emissions in 2016 (scope 1 and 2 emissions) (2017 available spring 2018) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced water consumption by 70% from 2017 to 2023 at the Calgary office.
- Reduced waste to landfills by 78% between 2019 and 2023 at the Calgary office.
- Reduced paper consumption by 56% between 2019 and 2023 at the Calgary office.
🌱 ESG Focus Areas
Climate ChangeWaterBiodiversity