Pioneer Natural Resources
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.
DitchCarbon Score
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.
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
Pioneer Natural Resources's score of 27 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pioneer Natural Resources's reported carbon emissions
In 2022, Pioneer Natural Resources reported total greenhouse gas emissions of approximately 2,867,859,000 kg CO2e for Scope 1, 482,284,000 kg CO2e for Scope 2, and significant Scope 3 emissions, including about 118,000,000,000 kg CO2e from the use of sold products. The combined total for Scope 1 and 2 emissions was approximately 3,350,143,000 kg CO2e. Pioneer has set ambitious reduction targets, aiming to decrease its absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2020 baseline. This target is aligned with the Science Based Targets initiative (SBTi) and reflects a commitment to reducing emissions across all scopes, including a 42% reduction in Scope 3 emissions from purchased goods and services and the use of sold products. Additionally, the company aims for 10% of its suppliers by emissions to have science-based targets by 2029. In previous years, emissions were also significant, with 2021 figures showing approximately 2,817,972,000 kg CO2e for Scope 1 and 430,366,000 kg CO2e for Scope 2. The company has demonstrated a commitment to improving its emissions intensity, targeting a 25% reduction in GHG emissions intensity for both Scope 1 and Scope 2 by 2030. Pioneer Natural Resources operates as a current subsidiary of Pioneer Natural Resources Company, which provides the foundational data for its emissions reporting and climate commitments.
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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 |
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.
Pioneer Natural Resources is participating in some of the initiatives that 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.
