YPF Luz, a subsidiary of YPF S.A., is a leading energy company headquartered in Buenos Aires, Argentina. Established in 2014, YPF Luz focuses on the generation and commercialisation of electricity, primarily serving the Argentine market and expanding its influence in the region. The company operates in the renewable energy sector, with a strong emphasis on wind and solar power, positioning itself as a key player in Argentina's transition to sustainable energy. YPF Luz is recognised for its innovative approach to energy solutions, offering unique products that cater to both residential and industrial clients. With a commitment to sustainability and efficiency, YPF Luz has achieved significant milestones, including the development of large-scale renewable projects that contribute to the country's energy matrix. Its strategic initiatives and market presence underscore its role as a pivotal force in Argentina's energy landscape.
How does YPF Luz'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 Electricity Supply 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.
YPF Luz's score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, YPF Luz reported carbon emissions of approximately 4.46 million tonnes CO2e from Scope 1 and about 23,097 tonnes CO2e from Scope 2. The total emissions for Scope 1 and 2 combined reached around 4.48 million tonnes CO2e. In 2022, the company recorded emissions of about 3.58 million tonnes CO2e for Scope 1 and approximately 66,304 tonnes CO2e for Scope 2, resulting in a total of around 3.65 million tonnes CO2e for these scopes. Looking back to 2021, YPF Luz's emissions were significantly higher, with Scope 1 emissions at approximately 3.92 million tonnes CO2e and Scope 2 emissions at about 12.83 million tonnes CO2e, leading to a total of around 16.36 million tonnes CO2e for Scope 1 and 2 combined. The company has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. This lack of formal commitments may reflect the broader industry context, where many energy companies are under increasing pressure to enhance their sustainability practices and reduce greenhouse gas emissions. Overall, YPF Luz's emissions data indicates a trend of fluctuating emissions, with a notable decrease in Scope 1 emissions from 2021 to 2022, followed by a slight increase in 2023. The company continues to operate within a challenging climate landscape, where transparency and accountability in emissions reporting are becoming increasingly critical.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 17,951,758,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 16,143,028,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 61,873,400 | 00,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | - |
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.
YPF Luz 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.