Grupo Argos
Grupo Argos, officially known as Grupo Argos S.A., is a leading Colombian conglomerate headquartered in Medellín, Colombia. Established in 1934, the company has evolved into a prominent player in the construction materials, energy, and infrastructure sectors, with significant operations across Latin America and the Caribbean. The firm is renowned for its core products, including cement, concrete, and energy solutions, which are distinguished by their commitment to sustainability and innovation. Grupo Argos has achieved notable milestones, such as expanding its market presence through strategic acquisitions and investments in renewable energy projects. With a strong market position, Grupo Argos is recognised for its dedication to quality and environmental stewardship, making it a trusted name in the industry. Its ongoing efforts to enhance operational efficiency and sustainability further solidify its reputation as a leader in the construction and energy sectors.
DitchCarbon Score
How does Grupo Argos'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 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
Grupo Argos's score of 36 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grupo Argos's reported carbon emissions
In 2023, Grupo Argos reported total carbon emissions of approximately 13,493,000 kg CO2e from Scope 3, alongside 135,000 kg CO2e from Scope 1 and 57,000 kg CO2e from Scope 2, resulting in a combined total of about 13,685,000 kg CO2e for Scope 1 and 2. This marks a significant reduction from previous years, particularly from 2015 when Scope 1 emissions alone were approximately 11,971,798,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been detailed in the available data. The emissions intensity for cementitious materials has been reported at approximately 523,000 kg CO2e per tonne in 2023, reflecting ongoing efforts to improve efficiency and sustainability in production processes. Overall, Grupo Argos is actively working towards minimising its environmental impact, aligning with industry standards for climate action, despite the absence of formal reduction targets or pledges.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,971,798,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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.
Grupo Argos 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.
