Tecpetrol Sociedad Anónima Sustainability Profile
Tecpetrol Sociedad Anónima, commonly referred to as Tecpetrol, 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 Argentina, Bolivia, and Mexico. Specialising in the development of hydrocarbon resources, Tecpetrol is known for its innovative approaches to upstream activities, including oil and gas extraction and production optimisation. The company has achieved notable milestones, enhancing its market position through strategic partnerships and sustainable practices. With a commitment to operational excellence and environmental responsibility, Tecpetrol stands out for its advanced technologies and efficient resource management. This dedication has solidified its reputation as a reliable energy provider in the Latin American market.
DitchCarbon Score
How does Tecpetrol Sociedad Anónima'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 Edible Oils and Fats 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
Tecpetrol Sociedad Anónima's score of 9 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tecpetrol Sociedad Anónima's reported carbon emissions
In 2024, Tecpetrol Sociedad Anónima reported total carbon emissions of approximately 4,045,104,000 kg CO2e for Scope 1 and about 23,197,000 kg CO2e for Scope 2. This reflects a slight increase in Scope 1 emissions from 2023, where emissions were approximately 4,042,558,000 kg CO2e, while Scope 2 emissions were about 33,013,000 kg CO2e. Over the past few years, Tecpetrol has demonstrated a commitment to monitoring and reporting its carbon footprint, with emissions data disclosed for both Scope 1 and Scope 2. However, there is currently no data available for Scope 3 emissions. The company has not set specific reduction targets or initiatives as part of its climate commitments, nor has it engaged with frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from Tecpetrol Sociedad Anónima, which operates as a current subsidiary within its corporate family. The company continues to focus on transparency in its emissions reporting, as evidenced by its detailed sustainability reports.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,624,118,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Tecpetrol Sociedad Anónima's Industry?
How Carbon Intensive is Tecpetrol Sociedad Anónima's Location?
Tecpetrol Sociedad Anónima'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.
Tecpetrol Sociedad Anónima 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.
