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Financial Intermediation
CO
updated a month ago

Promigas

Company website

Promigas, officially known as Promigas S.A. E.S.P., is a leading energy company headquartered in Colombia. Established in 1994, Promigas has significantly contributed to the natural gas sector, primarily operating in the Caribbean and Andean regions. The company focuses on the transportation and distribution of natural gas, offering innovative solutions that enhance energy efficiency and sustainability. With a commitment to quality and safety, Promigas has developed a robust infrastructure, including extensive pipeline networks that ensure reliable energy supply. The company is recognised for its strategic partnerships and investments in renewable energy, positioning itself as a key player in Colombia's energy transition. Promigas continues to achieve notable milestones, reinforcing its reputation as a trusted provider in the energy industry.

DitchCarbon Score

How does Promigas'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.

36

Industry Average

Mean score of companies in the Financial Intermediation 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.

30

Industry Benchmark

Promigas's score of 36 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

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Promigas's reported carbon emissions

In 2023, Promigas reported total Scope 1 emissions of approximately 162,982 kg CO2e. This marks a reduction from 2022, where emissions were about 169,207 kg CO2e. The company has consistently disclosed its Scope 1 emissions, but it has not reported any Scope 2 or Scope 3 emissions data. Promigas's emissions data shows a significant decrease from 2021, where Scope 1 emissions were approximately 49,820,000 kg CO2e, alongside Scope 2 emissions of about 25,000 kg CO2e. This indicates a substantial improvement in their emissions management over the years. Despite these reductions, Promigas has not set specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from parent or related organisations. The absence of formal commitments suggests that while the company is actively managing its emissions, it may benefit from establishing clearer climate goals to align with industry standards. Overall, Promigas's emissions performance reflects a positive trend, with a notable reduction in Scope 1 emissions over the past few years, although further transparency and commitment to reduction targets could enhance its climate strategy.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192020202120222023
Scope 1
1,618,370
0,000,000
00,000,000
000,000.00
000,000
Scope 2
1,135,830
0,000,000
00,000
-
-
Scope 3
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Promigas's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Promigas is in CO, which has a low grid carbon intensity relative to other regions.

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.

Promigas is participating in some of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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