PRIO, officially known as PRIO S.A., is a leading player in the Brazilian energy sector, headquartered in Brazil. Founded in 2018, the company has rapidly established itself in the oil and gas industry, focusing on the exploration and production of oil, as well as the development of renewable energy solutions. With a commitment to sustainability, PRIO offers unique services that integrate traditional energy production with innovative renewable initiatives, positioning itself as a forward-thinking entity in the market. The company has achieved significant milestones, including expanding its operational footprint across key regions in Brazil, which has solidified its reputation as a reliable energy provider. PRIO's dedication to efficiency and environmental responsibility has earned it a notable position in the industry, making it a preferred choice for stakeholders seeking sustainable energy solutions.
How does PRIO'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.
Mean score of companies in the 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.
PRIO's score of 10 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, PRIO reported significant carbon emissions of approximately 430,000,000 kg CO2e, all of which fall under Scope 1 emissions. This figure highlights the company's direct greenhouse gas emissions from its operations. In subsequent years, PRIO has shown a positive trend in emissions intensity, with the GHG emissions intensity index decreasing from 31,500 kg CO2e per barrel of oil equivalent (boe) in 2021 to 26,700 kg CO2e per boe in 2022, and further down to 21,300 kg CO2e per boe in 2023. This reduction in emissions intensity indicates a commitment to improving operational efficiency and reducing the carbon footprint associated with their production processes. However, PRIO has not publicly disclosed specific reduction targets or climate pledges, which may limit their accountability in the context of global climate commitments. As the company continues to navigate its environmental impact, the focus on reducing emissions intensity is a crucial step towards aligning with industry standards for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | |
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Scope 1 | 430,000,000 |
Scope 2 | - |
Scope 3 | - |
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.
PRIO is committed to some reduction initiatives 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.