PDC Energy Inc

Common Name
PDC Energy
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
616
Ticker
PDCE
Exchange
NASDAQ/NGS
Description
PDC Energy, Inc., an independent exploration and production company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the United States. The company's ...

PDC Energy's Climate Target Data Preview

As of 2022, PDC Energy has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into PDC Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
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a, b
2025
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
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a, b
2025
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
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a
2030
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind PDC Energy’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore PDC Energy’s data sources below and access millions more through our Disclosure Search.

a. PDC Energy's CSR Report 2022
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b. PDC Energy's CDP Climate sourced from company’s website 2022
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Insights into PDC Energy's Greenhouse Gas Emissions Pathways

As of 2022, PDC Energy has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a b

Does PDC Energy have a target to reduce the emissions from its operations?

As of 2022, PDC Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

PDC Energy's most ambitious operational target is to reduce these emissions by 74% by 2030, compared to a baseline of 0.015 Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced in 2020. a b

As of 2021, PDC Energy is ahead of schedule on its operational emissions reduction target, having achieved 16.22% of the planned reduction. a b

PDC Energy's Operational (Scope 1+2) Emissions Pathway

2020202120252030000.010.010.02BaselineCurrent (-12%)Target 2025 (-60%)Target 2030 (-74%)
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