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.
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.
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.
Petróleos de Venezuela, S.A.'s score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Petróleos de Venezuela, S.A. (PDVSA), headquartered in Venezuela (VE), currently does not have publicly available data on its carbon emissions, including specific figures for Scope 1, 2, or 3 emissions. Additionally, there are no documented reduction targets or climate pledges outlined by the company. This lack of information suggests that PDVSA may not have established formal commitments to reduce its carbon footprint or engage in climate action initiatives at this time. As the oil and gas industry faces increasing scrutiny regarding environmental impact, it is crucial for companies like PDVSA to develop and communicate clear strategies for addressing climate change and reducing greenhouse gas emissions.
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.
Petróleos de Venezuela, S.A. is not committed to any reduction initiatives 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.