Pioneer Natural Resources
Pioneer Natural Resources Company, commonly referred to as Pioneer, is a leading independent oil and gas exploration and production company headquartered in the United States. Established in 1997, Pioneer has grown significantly, primarily focusing on the Permian Basin, one of the most prolific oil-producing regions in North America. The company is renowned for its expertise in horizontal drilling and hydraulic fracturing, which have positioned it as a key player in the energy sector. Pioneer's core offerings include crude oil, natural gas liquids, and natural gas, with a commitment to sustainable practices and technological innovation. With a strong market presence, Pioneer has achieved notable milestones, including significant production growth and a robust portfolio of assets. Its dedication to operational excellence and environmental stewardship sets it apart in the competitive landscape of the oil and gas industry.
DitchCarbon Score
How does Pioneer Natural Resources's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Pioneer Natural Resources's score of 27 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pioneer Natural Resources's reported carbon emissions
In 2022, Pioneer Natural Resources reported total greenhouse gas emissions of approximately 3,368,000,000 kg CO2e, comprising 2,868,000,000 kg CO2e from Scope 1, 482,000,000 kg CO2e from Scope 2, and a staggering 118,000,000,000 kg CO2e from Scope 3 emissions. This represents a significant environmental footprint, particularly from the use of sold products, which accounted for the majority of their emissions. Pioneer has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2020 as the baseline year. Additionally, the company targets a 42% reduction in Scope 3 emissions, which includes emissions from purchased goods and services as well as the use of sold products, within the same timeframe. Furthermore, Pioneer aims for 10% of its suppliers, based on emissions from purchased goods and services, to establish science-based targets by 2029. In terms of intensity reduction, Pioneer has committed to a 25% decrease in GHG emissions intensity for both Scope 1 and Scope 2 by 2030. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. Overall, Pioneer Natural Resources is actively working towards substantial emissions reductions across all scopes, reflecting a commitment to sustainability and climate responsibility in the oil and gas sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,471,280,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 257,069,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,739,531,000 | 0,000,000,000 | - | - | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Pioneer Natural Resources is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
