Petróleos de Venezuela, S.A. Sustainability Profile
Petróleos de Venezuela, S.A. (PDVSA) is a state-owned oil and natural gas company headquartered in Venezuela. Established in 1976, PDVSA has become a cornerstone of the Venezuelan economy, primarily operating in the oil and gas industry. The company is renowned for its extensive exploration, production, refining, and distribution activities, with significant operations in the Orinoco Oil Belt and other key regions. PDVSA's core products include crude oil, natural gas, and refined petroleum products, distinguished by their high quality and strategic importance in global markets. Over the years, PDVSA has achieved notable milestones, including becoming one of the largest oil producers in the world. Despite facing various challenges, the company remains a pivotal player in the energy sector, contributing significantly to Venezuela's national revenue and energy security.
DitchCarbon Score
How does Petróleos de Venezuela, S.A.'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 Crude Oil Extraction 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 de Venezuela, S.A.'s score of 0 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Petróleos de Venezuela, S.A.'s reported carbon emissions
Petróleos de Venezuela, S.A. (PDVSA), headquartered in Venezuela (VE), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate commitments, including those aligned with the Science Based Targets initiative (SBTi). As a major player in the oil and gas industry, PDVSA operates in a sector that is under increasing scrutiny for its environmental impact. The lack of reported emissions data and formal climate commitments may reflect broader industry challenges in addressing climate change. Without specific emissions figures or reduction initiatives, it is unclear how PDVSA plans to align with global climate goals or contribute to emissions reductions in the future.
How Carbon Intensive is Petróleos de Venezuela, S.A.'s Industry?
How Carbon Intensive is Petróleos de Venezuela, S.A.'s Location?
Petróleos de Venezuela, S.A.'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.
Petróleos de Venezuela, S.A. 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.
