Pioneer Natural Resources

Pioneer Natural Resources, a US-headquartered Gas/Diesel Oil company, reported approximately 165.78 billion kg CO2e in total emissions for 2022. This figure includes about 2.87 billion kg CO2e from Scope 1 emissions and approximately 482.28 million kg CO2e from Scope 2 emissions. Scope 3 emissions for 2022 were substantial, comprising about 118 billion kg CO2e from the use of sold products, 31 billion kg CO2e from the processing of sold products, and 13 billion kg CO2e from downstream transportation and distribution.

In 2021, the company's total reported emissions were approximately 152.24 billion kg CO2e, with Scope 1 emissions at about 2.82 billion kg CO2e and Scope 2 emissions at approximately 430.37 million kg CO2e. Scope 3 emissions in 2021 included around 112 billion kg CO2e from the use of sold products, 26 billion kg CO2e from the processing of sold products, and 11 billion kg CO2e from downstream transportation and distribution.

Pioneer Natural Resources has committed to several climate targets. The company aims to reduce its Scope 1 and Scope 2 GHG emissions intensity by 25% by 2030, using a 2019 baseline. Furthermore, Science Based Targets initiative (SBTi) targets cascaded from its ultimate parent, Pioneer Natural Resources Company, state a commitment to reduce absolute Scope 1 and 2 GHG emissions by 42% by FY2030 from a FY2020 base year. The cascaded SBTi targets also include a 42% reduction in absolute Scope 3 GHG emissions from purchased goods and services and use of sold products within the same timeframe (FY2020 base year to FY2030). Additionally, the company commits that 10% of its suppliers by emissions covering purchased goods and services will have science-based targets by FY2029.