PRIO
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.
DitchCarbon Score
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.
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
PRIO's score of 6 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PRIO's reported carbon emissions
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 figure indicates a reduction from the previous year's intensity of about 26,700 kg CO2e per boe in 2022. In 2021, PRIO disclosed total Scope 1 emissions of 430,000,000 kg CO2e, marking a significant baseline for its emissions profile. Despite these figures, PRIO has not set specific reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. The company has not disclosed any Scope 2 or Scope 3 emissions data, which limits the understanding of its overall carbon footprint. PRIO's emissions data is not cascaded from any parent organization, indicating that the reported figures are solely from its own operations. The company continues to operate within the context of the global push for reduced carbon emissions, particularly in the fossil fuel sector, but lacks formal commitments to specific reduction targets at this time.
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| 2021 | |
|---|---|
| Scope 1 | 430,000,000 |
| Scope 2 | - |
| Scope 3 | - |
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.
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.
