- Increased risk of severe wildfires impacting operations due to climate change.
- Increased costs of carbon compliance due to climate-related regulatory obligations.
- Volatility in power prices due to Alberta’s evolving energy system.
- Lack of internal resources, capabilities, or expertise for scenario analysis.
- Absence of standardized procedures for assessing supplier dependencies/impacts and prioritizing supplier engagement on environmental issues.
- Absence of standardized procedures for reporting scope 3 emissions for midstream companies.
Keyera Corp.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Keyera Corp. disclosed greenhouse gas emissions of 1.7M tCO2e/year. By scope: Scope 1: 1.5M tCO2e/year; Scope 2: 183.1K 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
1.7M tCO2e/year
2023
Renewable Energy
5.47% of total energy use
of total energy
Waste
571 tons/year
2023
Energy Use
8.5M 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). | 1.5M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 183.1K 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 | 1.7M tCO2e/year |
| 2017-01 to 2019-12 | 1.6M tCO2e/year (2019) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced scope 1 & 2 equity-based emissions intensity by 21% since 2019.
- Michichi Solar Project operational, providing nearly 10% of commercial power requirements.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce organization-wide equity-based Scope 1 and Scope 2 emissions intensity by 25% by 2025
🔭 Long-term
- Reduce organization-wide equity-based Scope 1 and Scope 2 emissions intensity by 50% by 2035
🌱 ESG Focus Areas
Climate ChangeBiodiversityWater