Public Profile

Tecpetrol Sociedad Anónima

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.

25

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.

3

Industry Benchmark

Tecpetrol Sociedad Anónima's score of 25 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

Tecpetrol Sociedad Anónima's reported carbon emissions

In 2023, Tecpetrol Sociedad Anónima reported total carbon emissions of approximately 4,042,558,000 kg CO2e, comprising 4,042,558,000 kg CO2e from Scope 1 and 33,013,000 kg CO2e from Scope 2, along with 590 kg CO2e from Scope 3 emissions. This marks a slight increase in Scope 1 emissions compared to 2022, where they were about 3,326,804,000 kg CO2e, while Scope 2 emissions rose from approximately 58,001,000 kg CO2e. In 2021, the company recorded total emissions of about 3,485,793,000 kg CO2e (Scope 1: 3,485,793,000 kg CO2e; Scope 2: 1,372,000 kg CO2e; Scope 3: 460 kg CO2e). The emissions from Scope 1 have fluctuated significantly over the years, with a peak in 2018 at approximately 3,773,872,000 kg CO2e. Despite these figures, Tecpetrol has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the industry context. As a major player in the energy sector, Tecpetrol's emissions profile highlights the ongoing challenges faced by fossil fuel companies in addressing climate change and transitioning towards more sustainable practices.

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Add to project
201820192020202120222023
Scope 1
3,773,872,000
000
000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
1,700,000
000
000
0,000,000
00,000,000
00,000,000
Scope 3
-
000
000
000
000
000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tecpetrol Sociedad Anónima's primary industry is Oils/fats edible, which is medium 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. Tecpetrol Sociedad Anónima is headquartered in AR, which has a rank of medium, indicating medium grid carbon 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.

Tecpetrol Sociedad Anónima 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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