Pioneer is committed to being a low-cost, low-emission producer of U.S. oil and gas. The energy industry is evolving rapidly and we consider our commitment to responsible and sustainable development paramount to the future of Pioneer. Through continuous assessment and improvement and adoption of leading ESG practices, we believe we are positioned to continue to deliver long-term value to our stakeholders.
ENVIRONMENTAL
As the energy industry continues to evolve, Pioneer remains committed to leading environmental practices and stewardship of our areas of operation. We are continually focused on reducing our emissions intensity, use of freshwater and physical footprint on the land.
SOCIAL
At Pioneer, we respect one another and support the communities we call home. Through a culture dedicated to diversity, equity, inclusiveness and transparent communication, we consistently embrace differences and promote honesty and teamwork throughout our company. We call these our RESPECT Values.
GOVERNANCE
Our Board and executive management team recognize that robust corporate governance and Board-level oversight of our ESG initiatives drive alignment with our company’s strategic ESG vision and the long-term interests of our shareholders.
Climate Change Position
Addressing climate change is an important priority at Pioneer. We strive to proactively limit emissions of methane and other greenhouse gases from our operations while assessing and managing the impacts of climate change on our business. We believe our strategy, capital discipline, operational excellence and best-in-class assets positively position Pioneer to meet these challenges. We are committed to working with all stakeholders to address our impacts on the environment, while providing a sustainable supply of abundant, affordable, responsibly produced energy.
About TCFD
Pioneer believes the TCFD recommendations are an important step toward establishing a widely accepted framework for climate-related financial risk disclosure, which should allow companies to be assessed on a comparable and consistent basis. Pioneer understands the importance of communicating climate resiliency to stakeholders and believes that utilizing the TCFD framework will enhance our long-term business strategy and outlook.
