ProFrac Services (a subsidiary of PF Holdings)
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental impact reduction
- Sustainability (financial and operational)
Environmental Achievements
- Invested in a new dual-fuel frac pump system using natural gas from existing pipeline infrastructure, reducing emissions and fuel consumption.
- Acquired EKU Power Drives and retrofitted equipment to automatically turn off during non-operating time, further reducing emissions and fuel consumption.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Supply chain bottlenecks (pumps, power ends, fluid ends, sand, chemicals) during Frac Tech's rapid expansion.
- High cost of entry into hydraulic fracturing.
- Logistics costs and infrastructure constraints.
Mitigation Strategies
- Frac Tech started its own manufacturing, mining, and chemical engineering operations to overcome supply chain issues.
- Negotiated better rates with railroad companies and built its own trans load facilities to address logistics challenges.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Dual-fuel frac pump system
- Retrofitted pressure pumping equipment with EKU Power Drives engine standby controllers
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental (Emissions, Fuel Efficiency)
- Social (Safety, Community Impact)
- Governance (Supply Chain Management)
Environmental Achievements
- Reduced fuel consumption through the use of electric and dual-fuel fleets, displacing diesel with natural gas.
- Reduced engine idle time by 80% with EKU Power Drives system, halving diesel deliveries and shrinking emissions.
Social Achievements
- Reduced safety risks by minimizing the number of people needed to complete wells and reducing the site footprint with electric starters.
- Reduced community impacts by minimizing emissions and fuel consumption.
Governance Achievements
- Vertical integration to control costs and manage supply chains, mitigating supply chain disruptions.
- Expansion of frac sand mines through acquisitions to ensure supply.
Climate Goals & Targets
Short-term Goals:
- Have 12 electric fleets operational early in 2023.
Environmental Challenges
- Global supply chain disruptions affecting the availability of parts and materials.
- Demand for pressure pumping services exceeding supply.
Mitigation Strategies
- Vertical integration (in-house manufacturing) to control costs and manage supply chains.
- Building inventories of critical parts and materials to mitigate shortages.
- Relocating forgings manufacturing from Europe to the US to shorten lead times.
- More disciplined approach to fleet expansion by operators, service companies, and investors.
Supply Chain Management
Responsible Procurement
- Vertical integration to control supply chains.
- Expansion of frac sand mines.