Grupo Argos, officially known as Grupo Argos S.A., is a leading Colombian conglomerate headquartered in Medellín, Colombia. Established in 1934, the company has evolved into a prominent player in the construction materials, energy, and infrastructure sectors, with significant operations across Latin America and the Caribbean.
The firm is renowned for its core products, including cement, concrete, and energy solutions, which are distinguished by their commitment to sustainability and innovation. Grupo Argos has achieved notable milestones, such as expanding its market presence through strategic acquisitions and investments in renewable energy projects.
With a strong market position, Grupo Argos is recognised for its dedication to quality and environmental stewardship, making it a trusted name in the industry. Its ongoing efforts to enhance operational efficiency and sustainability further solidify its reputation as a leader in the construction and energy sectors.
-4 vs industry average
Grupo Argos’s score of 22 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Construction Work has typical carbon intensity
Industry performance
The Construction Work industry has reduced its overall emissions by 33% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Grupo Argos's reported carbon emissions
Grupo Argos, headquartered in Colombia, has reported its greenhouse gas emissions across various scopes. For the reporting year 2024, the company reported scope 1 and 2 emissions totalling approximately 5.2 billion kg CO2e. In the previous reporting year, 2023, Grupo Argos disclosed a comprehensive emissions breakdown. Total Scope 1 emissions were approximately 135,000 kg CO2e, Scope 2 emissions were around 57,000 kg CO2e, and Scope 3 emissions were approximately 13.493 billion kg CO2e. The combined Scope 1 and 2 emissions for 2023 amounted to approximately 192,000 kg CO2e. The company also reported an emissions intensity of 0.00004 kg CO2e per unit of revenue. Looking back at prior years, 2020 saw significant emissions, with Scope 1 emissions at approximately 8.187 billion kg CO2e and Scope 2 at approximately 414.425 million kg CO2e, resulting in combined Scope 1 and 2 emissions of about 8.187 billion kg CO2e. Scope 3 emissions in 2020 were approximately 4.153 billion kg CO2e. In 2019, Scope 1 emissions were approximately 9.160 billion kg CO2e, Scope 2 emissions were about 446.322 million kg CO2e, and Scope 3 emissions were approximately 4.328 billion kg CO2e. The company's 2018 reporting indicated Scope 1 emissions of approximately 8.298 billion kg CO2e, Scope 2 emissions of about 452.167 million kg CO2e, and Scope 3 emissions of approximately 3.580 billion kg CO2e. For 2017, Scope 1 emissions were around 8.168 billion kg CO2e, Scope 2 emissions were approximately 436.634 million kg CO2e, and Scope 3 emissions stood at about 3.572 billion kg CO2e. Grupo Argos does not have any publicly stated reduction targets or commitments from initiatives like SBTi (Science Based Targets initiative) or the Climate Pledge according to the provided data. The company's climate commitments and initiatives are not detailed in the available information.
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Grupo Argos’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Grupo Argos yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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