Permian Resources Sustainability Profile
Permian Resources Corporation, commonly referred to as Permian Resources, is a prominent player in the oil and gas industry, headquartered in the United States. Established in 2017, the company has rapidly expanded its operations across key regions in the Permian Basin, a vital area for hydrocarbon production. Specialising in the exploration and production of oil and natural gas, Permian Resources distinguishes itself through its innovative extraction techniques and commitment to sustainability. The company has achieved significant milestones, positioning itself as a leader in the sector with a focus on maximising resource recovery while minimising environmental impact. With a robust portfolio of assets and a strategic approach to development, Permian Resources continues to solidify its market position, contributing to the energy landscape with efficiency and responsibility.
DitchCarbon Score
How does Permian 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
Permian Resources's score of 13 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Permian Resources's reported carbon emissions
In 2023, Permian Resources reported total carbon emissions of approximately 2.29 billion kg CO2e, comprising 2.15 billion kg CO2e from Scope 1 emissions and about 141.6 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Permian Resources has made significant strides in reducing its greenhouse gas (GHG) intensity, achieving a reduction of 34% from its 2020 baseline, with a GHG intensity of 13.7 mT CO2e per MBOE by 2022. Additionally, the company is committed to eliminating routine flaring by 2030, aligning with the World Bank initiative, which underscores its dedication to climate action. The emissions data is not cascaded from any parent organization, indicating that these figures are independently reported by Permian Resources Corporation. The company continues to focus on enhancing its sustainability practices while addressing its carbon footprint in the oil and gas sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 772,063,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 39,838,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Permian Resources's Industry?
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Permian Resources's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Permian Resources has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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