Argos Panamá Sustainability Profile
Argos Panamá, officially known as Argos Cemento Panamá, is a leading player in the construction materials industry, headquartered in Panama City, PA. Founded in 2005, the company has established a strong presence in Central America and the Caribbean, focusing on the production and distribution of high-quality cement and concrete products. With a commitment to sustainability and innovation, Argos Panamá offers a diverse range of products, including ready-mix concrete and cement solutions tailored to meet the needs of various construction projects. The company is recognised for its advanced production techniques and exceptional customer service, positioning itself as a trusted partner in the region's construction sector. Notable achievements include significant contributions to major infrastructure projects, solidifying Argos Panamá's reputation as a market leader in the industry.
DitchCarbon Score
How does Argos Panamá'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 Cement Production 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
Argos Panamá's score of 48 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Argos Panamá does not report specific carbon emissions figures, indicating a lack of direct emissions data for the most recent year. However, the company is part of a corporate family that includes Cementos Argos S.A., from which it inherits emissions data and climate commitments. Cementos Argos S.A. has established significant climate initiatives, including science-based targets (SBTi) aimed at reducing emissions across its operations. These targets are cascaded down to Argos Panamá, reflecting a commitment to sustainability and climate action within the cement industry. The company is also associated with the Climate Pledge, although specific commitments from Argos Panamá are not detailed. As a current subsidiary of Cementos Argos S.A., Argos Panamá aligns with the broader goals of its parent company, which is focused on reducing its carbon footprint and enhancing environmental performance. The absence of specific emissions data suggests that Argos Panamá is still in the process of developing its own reporting framework or may rely on aggregated data from its parent company. In summary, while Argos Panamá currently lacks specific emissions data, it is committed to climate initiatives through its relationship with Cementos Argos S.A., which sets ambitious targets for emissions reduction and sustainability in the cement sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 8,167,887,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 436,634,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Argos Panamá's Industry?
How Carbon Intensive is Argos Panamá's Location?
Argos Panamá's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Argos Panamá has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
