- Increased absolute emissions due to the acquisition of the Albacora Leste field and increased production.
- Supply chain disruptions due to potential extreme weather events.
- Potential for new regulations and carbon pricing mechanisms.
- Decreased demand for oil and gas due to energy transition.
PRIO S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, PRIO S.A. disclosed greenhouse gas emissions of 794.0K tCO2e/year (Scopes 1 & 2). By scope: Scope 1: 794.0K tCO2e/year; Scope 2: 14 tCO2e/year; Scope 3: 35.0K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
794.0K tCO2e/year (Scopes 1 & 2)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 794.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 14 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 35.0K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced relative emissions (kg CO2e/boe) by almost 40% from 2021 to Q4 2023 (Scopes 1 & 2).
- Achieved Gold Seal from the Brazilian GHG Protocol program.
- Reduced diesel consumption by 66% in the Bravo cluster.
- Reduced flare intensity by 64% in the Bravo cluster.
- Implemented the "Zero Landfill" program, eliminating waste sent to landfills from May 2023.
- 98.4% of waste returned to the production chain in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue reducing relative emissions (kg CO2e/boe).
📅 Medium-term
- Implement synergies to reduce operational costs and emissions.
🔭 Long-term
- Study carbon capture and other emission reduction technologies.
🌱 ESG Focus Areas
Climate ChangeEnvironmental ManagementSocial ResponsibilityGovernance