Gear Energy LtdGear Energy Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Oil & Gas Exploration & Production

This SDG rating for Gear Energy Ltd indicates the company's reporting of the UN Sustainable Development Goals. This page contains a questions and answers table on Gear Energy Ltd. Jump to the bottom of the webpage for potential risks for Gear Energy Ltd based on sector, geography and size.

Gear Energy Ltd in the Oil & Gas Exploration & Production industry gained a UN SDG ESG Transparency Score of 2.8; made up of an environmental score of 5.3, social score of 1.6 and governance score of 1.6.

SDG Transparency Score for Gear Energy Ltd 

2.8

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for Gear Energy Ltd 
5.3

Environmental

1.6

Social

1.6

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Canacol Energy Ltd
8.0
High
1BW Energy Ltd
8.0
High
.........
319Africa Energy Corp
2.9
Medium
319Continental Resources Inc
2.9
Medium
322Gear Energy Ltd
2.8
Medium
322Crescent Point Energy Corp
2.8
Medium
322Empire Energy Group Ltd
2.8
Medium
.........
464Zoetic International PLC
0.0
Low
464Zoltav Resources Inc
0.0
Low
.........
View the full peer group of 748 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Gear Energy Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does Gear Energy Ltd disclose current and historical energy intensity?

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Does Gear Energy Ltd report the average age of the workforce?

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Does Gear Energy Ltd reference operational or capital allocation in relation to climate change?

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Does Gear Energy Ltd disclose its ethnicity pay gap?

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Does Gear Energy Ltd disclose cybersecurity risks?

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Does Gear Energy Ltd offer flexible work?

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Does Gear Energy Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Gear Energy Ltd disclose the number of employees in R&D functions?

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Does Gear Energy Ltd conduct supply chain audits?

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Does Gear Energy Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Gear Energy Ltd conduct 360 degree staff reviews?

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Does Gear Energy Ltd disclose the individual responsible for D&I?

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Does Gear Energy Ltd disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Gear Energy Ltd disclose current and / or historical scope 2 emissions?

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Does Gear Energy Ltd disclose water use targets?

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Does Gear Energy Ltd have careers partnerships with academic institutions?

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Did Gear Energy Ltd have a product recall in the last two years?

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Does Gear Energy Ltd disclose incidents of discrimination?

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Does Gear Energy Ltd allow for Work Councils/Collective Agreements to be formed?

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Has Gear Energy Ltd issued a profit warning in the past 24 months?

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Does Gear Energy Ltd disclose parental leave metrics?

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Does Gear Energy Ltd disclose climate scenario or pathway analysis?

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Does Gear Energy Ltd disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Gear Energy Ltd disclose the pay ratio of women to men?

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Does Gear Energy Ltd support suppliers with sustainability related research and development?

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Does Gear Energy Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Gear Energy Ltd reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Gear Energy Ltd involved in embryonic stem cell research?

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Does Gear Energy Ltd disclose GHG and Air Emissions intensity?

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Does Gear Energy Ltd disclose its waste policy?

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Does Gear Energy Ltd report according to TCFD requirements?

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Does Gear Energy Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Gear Energy Ltd disclose energy use targets?

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Does Gear Energy Ltd disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Gear Energy Ltd have a policy relating to cyber security?

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Potential Risks for Gear Energy Ltd
These potential risks are based on the size, segment and geographies of the company.

Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its properties include the Celtic/Paradise Hill property located approximately 40 kilometers northeast of Lloydminster Alberta; the Wildmere field situated approximately 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property located in Central Alberta; and the Tableland property situated southwest of Estevan in Southeast Saskatchewan. As of December 31, 2021, the company's Celtic/Paradise Hill property had proved plus probable reserves of 4,047 thousand barrels (Mbbls) of heavy crude oil; the Wildmere field had proved plus probable reserves of 3,405 Mbbls of heavy crude oil and 1.4 billion cubic feet (Bcf) of natural gas; the Wilson Creek property comprised of proved plus probable reserves of 3,318 Mbbls of light crude oil and natural gas liquids (NGLs), and 6.2 Bcf of natural gas; and the Tableland property had proved plus probable reserves of 5,315 Mbbls of light crude oil and NGLs, and 3.5 BCF of natural gas. Gear Energy Ltd. is headquartered in Calgary, Canada.

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