Ovintiv (OVV) ESG Score & Sustainability Data

$38.98 -0.79 (-1.99%)

(As of 12/17/2024 ET)

Key ESG Takeaways for Ovintiv

The key takeaways are AI-generated and highlight the main contributors behind the net impact scores of Ovintiv. The insights are based on millions of scientific articles, along with the company-specific product and service portfolio.

Ovintiv seems to create the most significant positive value in categories , , and . The largest positive contribution comes from its impact, which is mostly driven by its Natural gas drilling services, Oil well natural gas, Oil drilling services, and Conventional natural gas products.
Ovintiv uses resources or causes negative impacts mostly in categories , Non-, and . The largest negative impact of Ovintiv in category seems to be driven mostly by its Oil exploration services, Oil trade, Conventional crude oil, Natural gas drilling services, and Conventional natural gas products.
To improve its net impact, a company can either grow its positive impacts, or reduce its negative impacts. For example, by doubling its Natural gas exploration services business, Ovintiv would improve its net impact ratio by 7 percentage points.

OVV Impact Ratio

Net impact ratio represents the net impact of a company. It is defined as the (positive impacts - negative impacts) / positive impacts. The maximum value for net impact ratio is 100%, representing a theoretical company with no negative impacts. The minimum value is -∞. Net scores depend on the value sets that determine the importance of different impact categories.

-118.4%

The default value set, where each category is given the same weight.

Value Sets Value sets can be used to assess how different stakeholder values or emphasis on certain values might affect the net impact ratio.

Millennials Value set of millennials (b. 1980 - 1999), based on Upright's annual Impact at Work survey.: -50.2%
Most Wanted Workforce Value set of the most wanted workforce, based on Upright's annual Impact at Work survey.: -151.7%
Society First Value set that emphasizes society impacts over other impacts.: -62.2%
Knowledge First Value set that emphasizes knowledge impacts over other impacts.: -45.6%
Health First Value set that emphasizes health impacts over other impacts.: -179.9%

Ovintiv ESG Score + Net Impact Profile

Negative	Score	Positive
-0.84	+3.29	+4.13
	+0.38	+0.38
	+1.03	+1.03
	+2.71	+2.71
-0.82	-0.81	+0.01
-0.02	-0.02	+0.00
-0.64	-0.32	+0.33
	+0.01	+0.01
	+0.31	+0.31
-0.00	+0.01	+0.01
-0.64	-0.64
-1.03	-0.90	+0.13
-0.84	-0.77	+0.07
-0.06	-0.06	+0.00
	+0.01	+0.01
-0.00	+0.02	+0.02
-0.13	-0.10	+0.03
-7.77	-7.65	+0.12
-4.30	-4.23	+0.07
-1.36	-1.32	+0.04
-0.27	-0.27	+0.00
-1.29	-1.29	+0.00
-0.54	-0.53	+0.01

Upright Model Version 1.3.0
ESG Data Last Updated: December 5, 2023

Ad Brownstone Research

Do this Before Elon’s Reveal on January 22nd

Elon’s newest tech could pay you an extra $30,000 a year — while you sleep. It’s smaller than a quarter but designed to power a $9 trillion AI revolution. And I’ve identified a little-known supplier Elon is depending on to make it all happen.

I urge you to watch this video now.

About Upright's Net Impact Model

Upright's Net Impact Data quantifies the holistic value creation and impact of companies. It details both the negative and positive impacts a company has on the environment, health of people, society and knowledge, and forms a net sum of these costs and gains based on the economic costs of each impact category. The data is produced by Upright's Net Impact model, which is a mathematical model of the economy that produces continuously updated estimates of the net impact of companies by means of an information integration algorithm. The data is primarily sourced from the CORE open access database, which contains over 200 million scientific papers. Other sources of data include open databases published by the World Bank, IMF, WHO, OECD, IPCC, CDC and USDA.

Ovintiv ESG Score - Frequently Asked Questions

How is Ovintiv doing in terms of sustainability?: According to The Upright Project, which measures holistic value creation and impact of companies, Ovintiv has a net impact ratio of -118.4%, indicating an overall negative sustainability impact. Ovintiv seems to create the most significant positive value in the categories of Societal infrastructure, Taxes, and Jobs. Ovintiv uses resources or causes negative impacts mostly in the categories of GHG emissions, Non-GHG emissions, and Biodiversity. Learn more on the sustainability of Ovintiv.

More ESG Stocks and Research Tools

Related Companies

Stock Lists

Sustainability Tools

This page (NYSE:OVV) was last updated on 12/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Ovintiv (OVV) ESG Score & Sustainability Data

Key ESG Takeaways for Ovintiv

OVV Impact Ratio

Value Sets Value sets can be used to assess how different stakeholder values or emphasis on certain values might affect the net impact ratio.

Ovintiv ESG Score + Net Impact Profile

About Upright's Net Impact Model

Ovintiv ESG Score - Frequently Asked Questions

More ESG Stocks and Research Tools

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Ovintiv (OVV) ESG Score & Sustainability Data

Key ESG Takeaways for Ovintiv

OVV Impact Ratio

Value Sets Value sets can be used to assess how different stakeholder values or emphasis on certain values might affect the net impact ratio.

Ovintiv ESG Score + Net Impact Profile

Society

Knowledge

Health

Environment

About Upright's Net Impact Model

Ovintiv ESG Score - Frequently Asked Questions

More ESG Stocks and Research Tools

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools