Pdc Energy
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 3 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pdc Energy's reported carbon emissions
PDC Energy, headquartered in the US, has reported its carbon emissions data up to 2021. In 2021, the company emitted approximately 1,145,687,340 kg CO2e, primarily from Scope 1 emissions, which include direct emissions from owned or controlled sources. This figure represents a slight decrease from 2020, where emissions were also around 1,218,446,380 kg CO2e. Over the years, PDC Energy has shown fluctuations in its emissions. In 2019, the company reported about 1,218,446,380 kg CO2e, while in 2020, emissions remained consistent at the same level. The company’s emissions in 2018 were significantly lower, at approximately 15,260,000 kg CO2e, indicating a trend of increasing emissions in subsequent years. Despite these figures, PDC Energy has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction targets suggests that the company 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 and actions will be crucial in addressing climate change and reducing its overall emissions.
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Add to project| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 1,218,446,380 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | - | - | - |
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.
Pdc Energy is committed to some reduction initiatives 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.
