Pan American Energy Group Sustainability Profile
Pan American Energy Group, commonly referred to as PAE, is a leading player in the energy sector, headquartered in Argentina (AR). Established in 1997, the company has made significant strides in the oil and gas industry, with a strong presence in key operational regions across Argentina and Bolivia. Specialising in exploration, production, and refining, PAE is recognised for its commitment to sustainable practices and innovative technologies. The company’s core offerings include crude oil, natural gas, and refined products, distinguished by their focus on efficiency and environmental responsibility. With a robust market position, Pan American Energy Group has achieved notable milestones, including strategic partnerships and advancements in energy production. As a prominent entity in the Latin American energy landscape, PAE continues to drive growth and innovation in the sector.
DitchCarbon Score
How does Pan American Energy Group'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 Electricity Transmission 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
Pan American Energy Group's score of 41 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pan American Energy Group, headquartered in Argentina (AR), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of BP p.l.c., and any relevant emissions data or climate commitments may be inherited from this parent organisation. As part of its climate strategy, Pan American Energy Group is aligned with initiatives from BP p.l.c., which includes participation in the Carbon Disclosure Project (CDP) and Climate Action 100+ (CA100). These initiatives aim to enhance transparency and accountability in climate-related performance, although specific reduction targets or achievements for Pan American Energy Group have not been disclosed. The absence of specific emissions data and reduction targets suggests that the company may still be in the process of establishing its own climate commitments or may rely on the broader corporate strategies set forth by BP p.l.c. As the energy sector increasingly focuses on sustainability, Pan American Energy Group's future commitments and performance will be critical in addressing climate change and reducing carbon footprints.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 59,800,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | 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 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 000,000,000,000 | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Pan American Energy Group's Industry?
How Carbon Intensive is Pan American Energy Group's Location?
Pan American Energy Group's Scope 3 Categories Breakdown
Pan American Energy Group's Scope 3 emissions, which increased by 2% last year and decreased by approximately 11% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Pan American Energy Group'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.
Pan American Energy Group 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.
