Public Profile

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.

4

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.

12

Industry Benchmark

PRIO's score of 4 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

22%

PRIO's reported carbon emissions

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 a reduction in the GHG emissions intensity index from 31,500 kg CO2e per barrel of oil equivalent (boe) in 2021 to about 26,700 kg CO2e per boe in 2022, and further down to approximately 21,300 kg CO2e per boe in 2023. This indicates a commitment to improving operational efficiency and reducing emissions per unit of production. However, PRIO has not disclosed any specific reduction targets or climate pledges, which suggests that while they are making strides in emissions intensity, there may be a lack of formalised commitments to broader climate goals. Overall, PRIO's emissions data reflects a focus on reducing operational impacts, but further transparency regarding long-term climate commitments would enhance their sustainability profile.

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2021
Scope 1
430,000,000
Scope 2
-
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PRIO's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. PRIO is headquartered in BR, which has a rank of very low, indicating very low grid carbon 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 committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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