Pioneer Natural Resources Sustainability Profile
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 60% 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 Scope 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 from a 2020 baseline. This target is aligned with the Science Based Targets initiative (SBTi) and includes a commitment to reduce Scope 3 emissions from purchased goods and services and the use of sold products by the same percentage within the same timeframe. 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, while 2020 emissions were about 1,481,602,000 kg CO2e for Scope 1 and 257,930,000 kg CO2e for Scope 2. The company has demonstrated a commitment to reducing its carbon footprint through these initiatives, reflecting a proactive approach to climate change mitigation. Pioneer Natural Resources operates as a current subsidiary of Pioneer Natural Resources Company, which influences its climate commitments and reporting practices.
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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 |
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Pioneer Natural Resources's Scope 3 Categories Breakdown
Pioneer Natural Resources's Scope 3 emissions, which increased by 9% last year and increased by approximately 9% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 73% of Scope 3 emissions.
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Pioneer Natural 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.
Pioneer Natural Resources has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Pioneer Natural Resources's sustainability data and climate commitments