Petróleos Mexicanos
Petróleos Mexicanos, commonly known as Pemex, is a state-owned petroleum company headquartered in the United States, with significant operations across Mexico and various international markets. Founded in 1938, Pemex has established itself as a key player in the oil and gas industry, focusing on exploration, production, refining, and distribution of hydrocarbons. The company is renowned for its extensive portfolio of services, including crude oil extraction and natural gas processing, which are vital to Mexico's economy. Pemex's unique position as a national oil company allows it to leverage vast resources and expertise, making it a formidable entity in the global energy sector. With a commitment to innovation and sustainability, Pemex continues to achieve notable milestones, solidifying its market position as one of the largest oil producers in Latin America.
DitchCarbon Score
How does Petróleos Mexicanos'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 Other Services 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 Mexicanos's score of 53 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Petróleos Mexicanos's reported carbon emissions
In 2023, Petróleos Mexicanos (Pemex) reported total carbon emissions of approximately 63,000,000 kg CO2e from Scope 1 and 2 sources, with Scope 1 emissions accounting for about 61,000,000 kg CO2e and Scope 2 emissions at approximately 1,979,000 kg CO2e. Additionally, Scope 3 emissions were reported at about 665,000,000 kg CO2e, which included emissions from purchased goods and services, waste generated in operations, and fuel and energy-related activities. Over the years, Pemex has shown fluctuations in its emissions. For instance, in 2021, the company recorded about 71,100,000 kg CO2e in Scope 1 emissions and approximately 1,750,000 kg CO2e in Scope 2 emissions. In contrast, 2022 saw a slight decrease in Scope 1 emissions to about 68,900,000 kg CO2e, while Scope 2 emissions increased to approximately 2,143,000 kg CO2e. Despite these figures, Pemex has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the oil and gas sector, which is under increasing scrutiny for its environmental impact, highlighting the need for robust climate strategies moving forward.
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Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 733,000,000 | 000,000,000 | 000,000,000 | 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 | 25,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | 000.00 | 000,000,000 | 000,000,000 |
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.
Petróleos Mexicanos 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.
