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 67% 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 2021, PRIO reported total Scope 1 emissions of approximately 430,000,000 kg CO2e. The company's GHG emissions intensity index for that year was about 31,500 kg CO2e per barrel of oil equivalent (boe) in the category of mineral fuels and oils. For 2022, PRIO's GHG emissions intensity index increased to approximately 26,700 kg CO2e per boe, indicating a shift in operational efficiency or production methods. However, specific emissions data for 2022 and 2023 were not disclosed, leaving a gap in understanding their overall emissions profile for those years. As of now, PRIO has not established any documented reduction targets or climate pledges, which may limit their accountability in addressing climate change. The absence of Scope 2 and Scope 3 emissions data further complicates a comprehensive assessment of their carbon footprint. Overall, while PRIO has made strides in emissions intensity, the lack of clear reduction commitments and comprehensive emissions reporting suggests an opportunity for improvement in their climate strategy.
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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.
