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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.
+2 vs industry average
Pioneer Natural Resources’s score of 20 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gas/Diesel Oil is among the most carbon-intensive industries
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Scope 3 accounts for ••• of total emissions.
In 2022, Pioneer Natural Resources reported total greenhouse gas emissions of approximately 162.5 billion kg CO2e. This figure includes Scope 1 emissions of about 2.9 billion kg CO2e, Scope 2 emissions of approximately 482.3 million kg CO2e, and significant Scope 3 emissions, primarily from the use of sold products, which accounted for about 118 billion kg CO2e.
Pioneer Natural Resources has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by FY2030, using FY2020 as the baseline. This target also extends to Scope 3 emissions, specifically from purchased goods and services and the use of sold products, with the same reduction goal. Additionally, the company aims for 10% of its suppliers by emissions to have science-based targets by FY2029.
These commitments are part of a broader strategy to align with climate science and contribute to global efforts to limit warming to 1.5°C. The data reported is cascaded from its parent company, Pioneer Natural Resources Company, which maintains oversight of these emissions and targets.
Access structured emission data, company specific factors and auditable source documents
2030
42% reduction in Scope 2
2030
42% reduction in Scope 1
2029
10% reduction in all scopes
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Common questions about Pioneer Natural Resources’s sustainability data and climate commitments
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