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 2,150,671,000 kg CO2e from Scope 1 and 141,611,000 kg CO2e from Scope 2, resulting in combined emissions of about 2,292,282,000 kg CO2e. This marks a significant increase from 2022, where emissions were approximately 914,309,000 kg CO2e for Scope 1 and 110,659,000 kg CO2e for Scope 2, leading to total emissions of about 1,024,968,000 kg CO2e. The company has made notable 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/MBOE by 2022. Additionally, Permian Resources has committed to eliminating routine flaring by 2030, aligning with the World Bank initiative, which reflects its dedication to climate action. Permian Resources has not disclosed any Scope 3 emissions data, and there are no SBTi targets cascaded from a parent company. The company continues to focus on improving its emissions profile and enhancing sustainability practices within the mineral fuels and oils 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?
How Carbon Intensive is Permian Resources's Location?
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.
