Pioneer Natural Resources Company, commonly referred to as Pioneer, is a leading independent oil and gas exploration and production company headquartered in the United States. Established in 1997, Pioneer has grown significantly, primarily focusing on the Permian Basin, one of the most prolific oil-producing regions in North America. The company is renowned for its expertise in horizontal drilling and hydraulic fracturing, which have positioned it as a key player in the energy sector. Pioneer's core offerings include crude oil, natural gas liquids, and natural gas, with a commitment to sustainable practices and technological innovation. With a strong market presence, Pioneer has achieved notable milestones, including significant production growth and a robust portfolio of assets. Its dedication to operational excellence and environmental stewardship sets it apart in the competitive landscape of the oil and gas industry.
How does Pioneer Natural 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.
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.
Pioneer Natural Resources's score of 20 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Pioneer Natural Resources reported total greenhouse gas emissions of approximately 3,200,000,000 kg CO2e globally. This included about 1,200,000,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and approximately 300,000,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The company also disclosed significant Scope 3 emissions, estimated at around 162,000,000,000 kg CO2e, which encompass emissions from the entire value chain, including purchased goods and services. Pioneer has set ambitious near-term targets to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by FY2030, using FY2020 as the baseline year. Additionally, the company aims to achieve a 42% reduction in Scope 3 emissions from purchased goods and services and the use of sold products within the same timeframe. Furthermore, Pioneer has committed that by FY2029, 10% of its suppliers, based on emissions from purchased goods and services, will have science-based targets. These commitments align with industry standards for climate action, reflecting Pioneer’s dedication to addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 1,471,280,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 257,069,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 1,739,531,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.
Pioneer Natural Resources 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.