Sinopec Argentina Exploration and Production, Inc., a subsidiary of the Sinopec Group, is a prominent player in the oil and gas industry, headquartered in Argentina. Established in 1997, the company has made significant strides in exploration and production, primarily operating in key regions such as Neuquén and Mendoza. Specialising in hydrocarbon exploration, Sinopec Argentina focuses on the extraction and production of oil and natural gas, leveraging advanced technologies to enhance efficiency and sustainability. The company is recognised for its commitment to environmental stewardship and innovation, setting it apart in a competitive market. With a strong market position, Sinopec Argentina has achieved notable milestones, contributing to the country's energy landscape while fostering local development. Its dedication to operational excellence and strategic partnerships underscores its role as a leader in the Argentine energy sector.
How does Sinopec Argentina Exploration and Production, Inc.'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.
Sinopec Argentina Exploration and Production, Inc.'s score of 2 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sinopec Argentina Exploration and Production, Inc., headquartered in Argentina (AR), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Sinopec, and its climate commitments and emissions data may be influenced by its parent organisation. While there are no documented reduction targets or climate pledges from Sinopec Argentina Exploration and Production, Inc., it is important to note that emissions data may be cascaded from its parent company, Sinopec, or related entities. Specifically, emissions data may be inherited from Compañía General de Combustibles S.A., which is a level 1 source in the corporate family relationship. As of now, the company has not established any specific science-based targets (SBTi) or other industry-standard climate initiatives. The lack of reported emissions and reduction commitments highlights a potential area for improvement in transparency and accountability regarding climate impact.
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.
Sinopec Argentina Exploration and Production, Inc. 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.