Surge Energy IncSurge Energy Inc - ESG Rating & Company Profile powered by AI

Industry Group:Oil & Gas Exploration & Production

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Surge Energy Inc in the Oil & Gas Exploration & Production industry gained a UN SDG ESG Transparency Score of 8.0; made up of an environmental score of 8.0, social score of 8.0 and governance score of 8.0.

SDG Transparency Score for Surge Energy Inc 
Low
0 - 3
Medium
4 - 6

8.0

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for Surge Energy Inc 
8.0

Environmental

8.0

Social

8.0

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
1Diversified Energy Company PLC
8.4
High
2APA Corp (US)
8.3
High
11Oil Search Ltd
8.1
High
11VAALCO Energy Inc
8.1
High
15Surge Energy Inc
8.0
High
15Astrindo Nusantara Infrasruktur Tbk PT
8.0
High
15Armour Energy Ltd
8.0
High
.........
546Vanoil Energy Ltd
0.0
Low
546West Isle Energy Inc
0.0
Low
.........
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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 Surge Energy Inc have an accelerator or VC vehicle to help deliver innovation?

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Does Surge Energy Inc disclose current and historical energy intensity?

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Does Surge Energy Inc reference operational or capital allocation in relation to climate change?

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Does Surge Energy Inc disclose its ethnicity pay gap?

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Does Surge Energy Inc disclose cybersecurity risks?

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

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Does Surge Energy Inc disclose the number of employees in R&D functions?

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Does Surge Energy Inc conduct supply chain audits?

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Does Surge Energy Inc 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 Surge Energy Inc conduct 360 degree staff reviews?

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Does Surge Energy Inc disclose the individual responsible for D&I?

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Does Surge Energy Inc 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 Surge Energy Inc disclose current and / or historical scope 2 emissions?

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Does Surge Energy Inc disclose incidents of discrimination?

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Does Surge Energy Inc disclose climate scenario or pathway analysis?

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Does Surge Energy Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Surge Energy Inc disclose the pay ratio of women to men?

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Does Surge Energy Inc support suppliers with sustainability related research and development?

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

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Does Surge Energy Inc 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 Surge Energy Inc involved in embryonic stem cell research?

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Does Surge Energy Inc disclose GHG and Air Emissions intensity?

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Does Surge Energy Inc disclose its waste policy?

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Does Surge Energy Inc report according to TCFD requirements?

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

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Does Surge Energy Inc disclose energy use targets?

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Does Surge Energy Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Surge Energy Inc have a policy relating to cyber security?

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

Surge Energy Inc. explores for, develops, and produces oil and gas in western Canada. The company holds interest in the Greater Sawn Lake assets located in Northern Alberta; Valhalla/Wembley property located in northwestern Alberta; Sparky assets located between Provost and Wainwright in eastern Alberta and western Saskatchewan; and Shaunavon properties located to the southwest of Swift Current, Saskatchewan. It holds an average working interest of approximately 83% in approximately 109,941 net developed acres and approximately 92% in approximately 152,344 net undeveloped acres in Greater Sawn area; approximately 70% in approximately 16,032 net developed acres and approximately 74% in approximately 8,208 net undeveloped acres in Valhalla area; and approximately 76% in approximately 80,213 net developed acres and 96% in approximately 58,598 net undeveloped acres in Sparky area; and approximately 61% in approximately 88,178 net developed acres and approximately 39% in approximately 10,483 net undeveloped acres in Edmonton and other minor areas. As of December 31, 2020, it held interests in 316 net oil and 13 net gas wells in Greater Sawn area; 56 net oil and 4 net gas wells in Valhalla area; 466 net oil and 10 net gas wells in Sparky area; 176 net oil wells, as well as an average working interest of approximately 100% in approximately 23,409 net developed acres and 13,698 net undeveloped acres in the Shaunavon properties; and 28 net oil wells and 7 net gas wells in Edmonton and other minor areas. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc. in June 2010. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada.

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