TermoAndes S.A. Sustainability Profile
TermoAndes S.A., a prominent player in the energy sector, is headquartered in Argentina and operates extensively across South America. Founded in 1995, the company has established itself as a leader in the development and management of thermal power plants, focusing on efficient energy production and sustainability. Specialising in the generation of electricity through natural gas and renewable sources, TermoAndes S.A. is recognised for its innovative approach to energy solutions. The company’s commitment to environmental responsibility and operational excellence has positioned it as a key contributor to the region's energy landscape. With a strong market presence and a portfolio of cutting-edge technologies, TermoAndes S.A. continues to achieve significant milestones, reinforcing its reputation as a reliable energy provider in the competitive Latin American market.
DitchCarbon Score
How does TermoAndes S.A.'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 Electricity Transmission 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
TermoAndes S.A.'s score of 15 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TermoAndes S.A.'s reported carbon emissions
In 2023, TermoAndes S.A., headquartered in Argentina, reported total carbon emissions of approximately 1,762,560,760 kg CO2e. This figure includes Scope 1 emissions of about 1,762,562,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 67,000 kg CO2e, mainly from purchased electricity. Additionally, the company recorded Scope 3 emissions of around 75,000 kg CO2e, attributed to business travel. Comparatively, in 2022, TermoAndes S.A. emitted about 2,789,894,580 kg CO2e, with Scope 1 emissions at approximately 4,753,060,000 kg CO2e, Scope 2 emissions at about 73,050 kg CO2e, and Scope 3 emissions of around 40,000 kg CO2e. This indicates a significant reduction in total emissions year-on-year. Despite these figures, TermoAndes S.A. has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from a parent organisation, reflecting its independent reporting status. Overall, while TermoAndes S.A. has made strides in reducing its carbon footprint, the lack of formal climate commitments or reduction targets suggests an opportunity for further engagement in climate action and sustainability initiatives.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 17,291,878,000 | 000,000.00 | 000,000 | 000,000.00 |
| Scope 2 | 26,646,000 | - | 000,000 | 0,000,000 |
| Scope 3 | 1,716,756,000 | - | - | - |
How Carbon Intensive is TermoAndes S.A.'s Industry?
How Carbon Intensive is TermoAndes S.A.'s Location?
TermoAndes S.A.'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.
TermoAndes S.A. 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.
