Pdc Energy
PDC Energy, also known as PDC, is a prominent player in the US energy sector, headquartered in Denver, Colorado. Founded in 1969, the company has established itself as a leader in the exploration and production of oil and natural gas, primarily operating in the Wattenberg Field in Colorado and the Delaware Basin in New Mexico and Texas. PDC Energy is renowned for its commitment to sustainable practices and innovative technologies, focusing on efficient resource extraction and environmental stewardship. The company’s core services include drilling, production, and development of oil and gas reserves, which are distinguished by their emphasis on operational excellence and safety. With a strong market position, PDC Energy has achieved significant milestones, including strategic acquisitions and a robust portfolio of assets, solidifying its reputation as a forward-thinking energy provider in a competitive landscape.
DitchCarbon Score
How does Pdc Energy'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
Pdc Energy's score of 25 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pdc Energy's reported carbon emissions
In 2024, PDC Energy reported total carbon emissions of approximately 38,217,000 kg CO2e. This figure includes Scope 1 emissions of about 1,693,000 kg CO2e, Scope 2 emissions of approximately 29,995,000 kg CO2e, and Scope 3 emissions of about 7,503,000 kg CO2e. In 2023, the company’s emissions were slightly lower, with total emissions of around 38,000,000 kg CO2e, comprising Scope 1 emissions of about 1,586,000 kg CO2e, Scope 2 emissions of approximately 30,441,000 kg CO2e, and Scope 3 emissions of about 7,473,000 kg CO2e. PDC Energy has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, PDC Energy's emissions profile indicates a significant reliance on Scope 2 emissions, which are primarily associated with purchased electricity, heat, and steam. The company’s commitment to addressing its carbon footprint will be crucial as it navigates the evolving landscape of climate accountability and regulatory expectations in the energy sector.
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| 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,218,446,380 | 0,000,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 |
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.
Pdc Energy 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.
