Cementos Panam
Cementos Panam, a leading player in the cement industry, is headquartered in the Dominican Republic (DO) and operates extensively across the Caribbean and Central America. Founded in 1947, the company has established itself as a cornerstone of the construction sector, providing high-quality cement and concrete products tailored to meet diverse building needs. With a commitment to innovation and sustainability, Cementos Panam offers a range of unique products, including Portland cement and ready-mix concrete, designed to enhance durability and performance. The company’s strategic focus on quality has positioned it as a market leader, recognised for its contributions to major infrastructure projects throughout the region. Notable achievements include significant investments in modernising production facilities, ensuring that Cementos Panam remains at the forefront of the industry.
DitchCarbon Score
How does Cementos Panam'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 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
Cementos Panam's score of 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cementos Panam's reported carbon emissions
In 2018, Cementos Panam reported significant carbon emissions totalling approximately 296,570,000 kg CO2e for Scope 1, about 7,552,940 kg CO2e for Scope 2, and around 151,058,800 kg CO2e for Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce greenhouse gas emissions by 25% by 2030 compared to 2010 levels for both Scope 1 and Scope 2 emissions. These targets reflect Cementos Panam's commitment to sustainability and its proactive approach to mitigating climate change impacts within the cement industry.
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| 2018 | |
|---|---|
| Scope 1 | 296,570,000 |
| Scope 2 | 7,552,940 |
| Scope 3 | 151,058,800 |
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.
Cementos Panam is not participating in any 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.
