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 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.
PRIO's score of 6 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, PRIO reported a GHG emissions intensity index of approximately 21,300 kg CO2e per barrel of oil equivalent (boe) for its Scope 1 and 2 emissions, reflecting its operations in the mineral fuels and oils sector. This follows a higher intensity of about 26,700 kg CO2e per boe in 2022 and 31,500 kg CO2e per boe in 2021, indicating a trend towards improved efficiency in emissions management. For the year 2021, PRIO disclosed total Scope 1 emissions of 430,000,000 kg CO2e, showcasing its operational impact. However, there is no available data for Scope 2 and Scope 3 emissions, which limits a comprehensive understanding of its overall carbon footprint. Currently, PRIO has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The absence of documented reduction targets suggests that while PRIO is aware of its emissions, it may need to enhance its climate strategy to align with industry standards and expectations. As a company headquartered in Brazil, PRIO's emissions data is not cascaded from any parent organization, ensuring that its reported figures are solely reflective of its own operations.
Access structured emissions data, company-specific emission factors, and source documents
2021 | |
---|---|
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 not participating in any 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.