Petróleos Mexicanos
Petróleos Mexicanos, commonly known as Pemex, is a state-owned petroleum company headquartered in the United States, with significant operations across Mexico and various international markets. Founded in 1938, Pemex has established itself as a key player in the oil and gas industry, focusing on exploration, production, refining, and distribution of hydrocarbons. The company is renowned for its extensive portfolio of services, including crude oil extraction and natural gas processing, which are vital to Mexico's economy. Pemex's unique position as a national oil company allows it to leverage vast resources and expertise, making it a formidable entity in the global energy sector. With a commitment to innovation and sustainability, Pemex continues to achieve notable milestones, solidifying its market position as one of the largest oil producers in Latin America.
DitchCarbon Score
How does Petróleos Mexicanos'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.
Industry Average
Mean score of companies in the Other Services 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.
Industry Benchmark
Petróleos Mexicanos's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Petróleos Mexicanos's reported carbon emissions
In 2023, Petróleos Mexicanos (Pemex) reported carbon emissions of approximately 61,000,000,000 kg CO2e from Scope 1, 1,979,000,000 kg CO2e from Scope 2, and 665,000,000 kg CO2e from Scope 3. This reflects a continued commitment to transparency in emissions reporting, although specific reduction targets have not been disclosed. Over the years, Pemex has shown fluctuations in its emissions, with Scope 1 emissions peaking at about 71,100,000,000 kg CO2e in 2021. The company has made efforts to address its carbon footprint, but no formal reduction initiatives or targets have been established as per the latest data. Pemex's emissions intensity for Scope 1 has varied, with a reported intensity of 21,500 kg CO2e per barrel of oil equivalent in 2023. The company is situated in a challenging industry context, where the transition to lower carbon operations is critical for sustainability. While Pemex has not set specific reduction targets, it remains essential for the organisation to develop and implement strategies to mitigate its environmental impact in alignment with global climate commitments.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 56.8 | 00.0 | 00.0 | 00.0 | 00.0 | 00.0 | 00 | 00.0 | 00.0 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | 000.00 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Petróleos Mexicanos is not committed to any reduction initiatives 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.
