Pdc Energy Sustainability Profile
PDC Energy, also known as PDC, is a prominent player in the US energy sector, headquartered in Denver, Colorado. Founded in 1969, the company has established itself as a leader in the exploration and production of oil and natural gas, primarily operating in the Wattenberg Field in Colorado and the Delaware Basin in New Mexico and Texas. PDC Energy is renowned for its commitment to sustainable practices and innovative technologies, focusing on efficient resource extraction and environmental stewardship. The company’s core services include drilling, production, and development of oil and gas reserves, which are distinguished by their emphasis on operational excellence and safety. With a strong market position, PDC Energy has achieved significant milestones, including strategic acquisitions and a robust portfolio of assets, solidifying its reputation as a forward-thinking energy provider in a competitive landscape.
DitchCarbon Score
How does Pdc Energy'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
Pdc Energy's score of 9 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pdc Energy's reported carbon emissions
In 2021, PDC Energy, headquartered in the US, reported total Scope 1 emissions of approximately 1,145,687,340 kg CO2e. This figure reflects a decrease from 2020, when emissions were about 1,218,446,380 kg CO2e. The company has not disclosed any Scope 2 or Scope 3 emissions data. PDC Energy's emissions data is cascaded from its parent company, PDC Energy, Inc., indicating a corporate family relationship. Despite the significant emissions figures, there are currently no publicly stated reduction targets or climate pledges from the company. The absence of specific reduction initiatives or commitments suggests that PDC Energy may be in the early stages of developing a comprehensive climate strategy. As the energy sector increasingly focuses on sustainability, PDC Energy's future commitments will be crucial in aligning with industry standards and addressing climate change effectively.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 1,218,446,380 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | - | - | - |
How Carbon Intensive is Pdc Energy's Industry?
How Carbon Intensive is Pdc Energy's Location?
Pdc Energy'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.
Pdc Energy 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.
