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 62% 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 carbon emissions of approximately 3,368,143,900 kg CO2e, comprising 2,867,859,000 kg CO2e from Scope 1, 482,284,000 kg CO2e from Scope 2, and a significant 161,000,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from the use of sold products, processing of sold products, and downstream transportation and distribution. Pioneer Natural Resources has set ambitious reduction targets, aiming to decrease its greenhouse gas (GHG) emissions intensity by 25% by 2030 for both Scope 1 and Scope 2 emissions, starting from a 2019 baseline. Additionally, the company has committed to a 42% reduction in absolute Scope 1 and 2 GHG emissions by 2030, using 2020 as the base year. This target extends to Scope 3 emissions, which also aim for a 42% reduction within the same timeframe. Furthermore, Pioneer aims for 10% of its suppliers, based on emissions from purchased goods and services, to establish science-based targets by 2029. These commitments are part of Pioneer Natural Resources' broader strategy to align with the Science Based Targets initiative (SBTi), which underscores the company's dedication to mitigating climate change impacts. The emissions data and reduction targets are cascaded from its parent company, Pioneer Natural Resources Company, reflecting a corporate family commitment to sustainability.
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| 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 | - | - | 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.
