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Public Profile
Financial Intermediation
CO
updated 9 days ago

Promigas

Company website

Promigas, officially known as Promigas S.A. E.S.P., is a leading energy company headquartered in Colombia. Established in 1994, Promigas has significantly contributed to the natural gas sector, primarily operating in the Caribbean and Andean regions. The company focuses on the transportation and distribution of natural gas, offering innovative solutions that enhance energy efficiency and sustainability. With a commitment to quality and safety, Promigas has developed a robust infrastructure, including extensive pipeline networks that ensure reliable energy supply. The company is recognised for its strategic partnerships and investments in renewable energy, positioning itself as a key player in Colombia's energy transition. Promigas continues to achieve notable milestones, reinforcing its reputation as a trusted provider in the energy industry.

DitchCarbon Score

How does Promigas's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

31

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Promigas's score of 31 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

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Promigas's reported carbon emissions

In 2021, Promigas reported total carbon emissions of approximately 67,000,000 kg CO2e, comprising 3,675,810 kg CO2e from Scope 1 (mobile combustion) and 57,868,860 kg CO2e from fugitive emissions. Additionally, Scope 2 emissions totalled about 8,714,370 kg CO2e. The company has not disclosed any Scope 3 emissions data for this year. Promigas has shown a significant reduction in emissions over the years. In 2020, the total emissions were approximately 2,845,740 kg CO2e, with Scope 1 emissions at 1,770,580 kg CO2e and Scope 2 emissions at 1,086,160 kg CO2e. In 2019, the total emissions were about 2,774,200 kg CO2e, with Scope 1 emissions of 1,618,370 kg CO2e and Scope 2 emissions of 1,135,830 kg CO2e. This indicates a trend of decreasing emissions over the three years reported. Despite these reductions, Promigas has not set any specific reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The emissions data is not cascaded from any parent company, and all figures are sourced directly from Promigas S.A. E.S.P. Overall, while Promigas has made strides in reducing its carbon footprint, the absence of formal reduction commitments highlights an area for potential improvement in its climate strategy.

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201920202021
Scope 1
1,618,370
0,000,000
00,000,000
Scope 2
1,135,830
0,000,000
0,000,000
Scope 3
-
-
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Promigas's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Promigas is in CO, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Promigas is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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