Parsley Energy, Inc. Sustainability Profile
Parsley Energy, Inc., a prominent player in the US oil and gas industry, is headquartered in Austin, Texas. Founded in 2008, the company has rapidly established itself as a leader in the exploration and production of unconventional oil and natural gas resources, primarily in the Permian Basin and other key regions. Specialising in the development of high-quality, low-cost assets, Parsley Energy focuses on efficient drilling and completion techniques that set it apart from competitors. The company has achieved significant milestones, including successful mergers and strategic acquisitions that have bolstered its market position. With a commitment to sustainable practices and operational excellence, Parsley Energy continues to innovate within the energy sector, making it a noteworthy entity in the ever-evolving landscape of oil and gas production.
DitchCarbon Score
How does Parsley Energy, Inc.'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 Crude Oil Extraction 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
Parsley Energy, Inc.'s score of 22 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Parsley Energy, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Pioneer Natural Resources Company, which may influence its climate commitments and emissions data. While no direct emissions figures are provided, Parsley Energy's climate initiatives are likely aligned with those of its parent company, Pioneer Natural Resources. This includes potential targets set under the Science Based Targets initiative (SBTi) and other climate-related frameworks. However, specific reduction targets or achievements for Parsley Energy itself have not been disclosed. Additionally, emissions data and performance metrics may be cascaded from Pioneer Natural Resources, which operates under broader industry standards and commitments. The company is also linked to Exxon Mobil Corporation through the Climate Action 100+ initiative, indicating a commitment to addressing climate change at a corporate level. In summary, while Parsley Energy, Inc. does not present specific emissions data or reduction targets, its climate commitments are likely influenced by its corporate relationships and the initiatives of its parent company.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 2,002,133,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 272,116,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Parsley Energy, Inc.'s Industry?
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Parsley Energy, Inc.'s Scope 3 Categories Breakdown
Parsley Energy, Inc.'s Scope 3 emissions, which increased by 9% last year and increased by approximately 9% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 73% of Scope 3 emissions.
Top Scope 3 Categories
Parsley Energy, Inc.'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.
Parsley Energy, Inc. 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.
