Company Directory - Pioneer Natural Resources Company
Company Details - Pioneer Natural Resources Company
Pioneer Natural Resources Company
WebsiteIrving, USA
ISIN: US6965191051
Pioneer Natural Resources is an independent oil and gas exploration and production company focused on developing its properties in the Permian Basin and other areas.
CCI Score
CCI Score: Pioneer Natural Resources Company
2.88
-0.01%
Latest Event
Former Pioneer Executives' Political Donations Raise Concerns
Former Pioneer executives, including Scott and Bryan Sheffield, significantly increased donations to Republican candidates—most notably a $413,000 contribution to support Trump’s presidential campaign. This move raises concerns about the influence of corporate money on political processes and its potential role in bolstering far‑right, authoritarian policies.
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OBJECTOR
Pioneer Natural Resources Company is currently rated as an Objector.
Latest Events
- JUL052024
Former Pioneer executives, including Scott and Bryan Sheffield, significantly increased donations to Republican candidates—most notably a $413,000 contribution to support Trump’s presidential campaign. This move raises concerns about the influence of corporate money on political processes and its potential role in bolstering far‑right, authoritarian policies.
-50
Political Contributions and Lobbying Efforts
March 19
The article reports that former Pioneer executives have ramped up their political donations to support Republican candidates, including a notable contribution to Trump’s campaign. This behavior suggests a willingness to financially support political movements that may undermine democratic norms and empower authoritarian agendas. Given the weight of public and political behavior, this event is rated negatively on the CCI scale.
Former Pioneer executives increase political donations to Republicans
- JUL012024Former Pioneer CEO's Political Contributions and Executive Political Engagement Raise Concerns
-64.64
The former CEO of Pioneer Natural Resources and his family have made significant political contributions totaling millions to state and federal candidates, including donations to campaigns supporting authoritarian figures. These actions, along with close ties to regulatory bodies, raise serious concerns regarding corporate complicity in undermining democratic processes.
-80
Political Contributions and Lobbying Efforts
March 19
The substantial political donations made by the former CEO, his family, and Pioneer PACs—including contributions to campaigns associated with authoritarian figures like Donald Trump and influential state regulators—demonstrate a willingness to leverage financial power to influence regulatory outcomes and political processes. This behavior supports authoritarian tendencies by prioritizing corporate interests over democratic accountability.
-60
Executive Political Engagement
March 19
The active involvement of Pioneer’s former CEO in political fundraising and contributions, including channeling personal wealth to support campaigns that favor authoritarian policies, demonstrates a concerning level of executive political engagement. This use of personal and corporate influence undermines democratic norms and public trust.
- OCT232023ExxonMobil's Acquisition of Pioneer Natural Resources: Concerns Over Democratic Consolidation
-37.91
The acquisition of Pioneer Natural Resources by ExxonMobil in an all‐stock deal has raised alarms among critics who warn that such consolidation could undermine democratic oversight, intensify regulatory capture, and concentrate corporate power in ways that erode market competition.
-40
Public and Political Behavior
March 19
The merger is criticized for reinforcing corporate dominance and potentially influencing political processes by consolidating vast energy assets. Critics argue that such consolidation risks enabling corporate interests to override democratic accountability, thereby contributing to an environment conducive to authoritarian practices.
-50
Economic and Structural Influence
March 19
The consolidation of Pioneer into ExxonMobil’s portfolio deepens economic concentration in the energy sector, which may facilitate regulatory capture. Such structural influence raises concerns about reduced market competition and a diminished ability of democratic institutions to effectively check corporate power.
- JUL182022
The company's human rights policy outlines commitments on labor rights, supply chain due diligence, and anti-discrimination measures, reflecting progressive practices in protecting workers and communities.
+70
Labor Relations and Human Rights Practices
March 19
Pioneer Natural Resources' human rights policy demonstrates a strong commitment to protecting labor rights and ensuring humane working conditions. The policy emphasizes non-discrimination, fair treatment, and safe working conditions for employees, reflecting progressive measures that oppose authoritarian practices. However, the policy’s effectiveness in enforcement and accountability remains to be seen.
+70
Supply Chain Ethics
March 19
The policy also extends its commitments to managing human rights impacts across its supply chain, which is crucial in preventing complicity in unethical sourcing and forced labor practices. By outlining due diligence and supply chain oversight, the company presents a progressive stance against potential abuses, although external oversight may be limited by the internal distribution of the document.
- FEB162022
Pioneer Natural Resources has announced its Sustainable Procurement Commitment, reinforcing its policies on labor rights, fair working conditions, and ethical supply chain practices. The initiative mandates that suppliers adhere to the company's Supplier Code of Conduct and Business Ethics, ensuring compliance with human rights standards and environmental, social, and governance (ESG) criteria.
+80
Labor Relations and Human Rights Practices
March 19
Pioneer’s commitment strongly emphasizes ethical labor practices by prohibiting child labor and forced labor while promoting fair working conditions and safe work environments. Their clear guidelines and audit mechanisms under the Sustainable Procurement Commitment bolster their record in upholding human rights standards.
+70
Supply Chain Ethics
March 19
The commitment outlines robust supply chain ethics by mandating adherence to a Supplier Code of Conduct. By integrating ESG assessments, risk mapping, and requiring sustainability commitments from suppliers, Pioneer sets standards for ethical sourcing and supply chain management.
- FEB162022
Pioneer Natural Resources released a comprehensive Supplier Code of Conduct emphasizing strict labor rights, human rights protections, and ethical supply chain practices, including the prohibition of child and forced labor, as well as mandatory compliance audits for suppliers.
+80
Labor Relations and Human Rights Practices
March 19
The Supplier Code of Conduct clearly mandates fair working conditions, explicitly prohibits child and forced labor, and underscores a commitment to human rights in the workplace. This demonstrates strong ethical labor practices.
+80
Supply Chain Ethics
March 19
The document establishes rigorous ethical standards for its suppliers, including requirements for accurate record-keeping, environmental stewardship, and adherence to fair labor practices, which reinforces robust supply chain ethics.
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Industries
- 211120
- Crude Petroleum Extraction
- 211130
- Natural Gas Extraction
- 213112
- Support Activities for Oil and Gas Operations
