Several people sent me Pioneer’s 2020 Sustainability Report the day it came out — a strong indication of what it means for our industry. Pioneer has quietly, systematically, and relentlessly established itself as a leader in sustainability over the last decade (and without generating much fuss). Their low-key yet impressive style comes to life in this report, which should serve as a roadmap for your company.
Oil and gas companies are responding to the disruptors underway by announcing a rush of net-zero commitments and emission reductions targets. While it can be easy to dismiss “decarbonization” as a buzzword, that would be a mistake.
It’s no surprise to anyone that the Biden administration came in hot with executive orders and agency directions prioritizing actions to address climate change. What may have surprised you: the short window we — the oil and gas industry — have to seize the leadership opportunity this presents.
We might as well reinvent our companies and the oil and gas industry while we are reinventing everything else — which includes defining how we