Public Profile

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.

31

Industry Average

Mean score of companies in the Construction Work 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.

20

Industry Benchmark

Grupo Argos's score of 31 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

Let us know if this data was useful to you

Grupo Argos's reported carbon emissions

In 2023, Grupo Argos reported total carbon emissions of approximately 13,493,000 kg CO2e, with emissions distributed across various scopes: 135,000 kg CO2e from Scope 1, 57,000 kg CO2e from Scope 2, and a significant 13,301,000 kg CO2e from Scope 3. The combined total for Scope 1 and Scope 2 emissions was about 192,000 kg CO2e. Comparatively, in 2022, the company recorded approximately 243,000 kg CO2e in Scope 1 and 37,000 kg CO2e in Scope 2 emissions, indicating a shift in their emissions profile. The absence of Scope 3 data in 2022 highlights a growing focus on comprehensive emissions reporting in subsequent years. Despite these figures, Grupo Argos has not publicly committed to specific reduction targets or initiatives, as indicated by the lack of documented reduction targets or climate pledges. This suggests an opportunity for the company to enhance its climate strategy and align with industry standards for emissions reduction. Overall, Grupo Argos's emissions data reflects a significant reliance on Scope 3 emissions, which typically encompass indirect emissions from the value chain, underscoring the importance of addressing these in future climate commitments.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520162017201820192020202120222023
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
000,000,000
00,000
00,000
00,000
Scope 3
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
-
-
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grupo Argos's primary industry is Construction work (45), which is low 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. This request for Grupo Argos is in CO, which has a low grid carbon intensity relative to other regions.

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 participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Buzzi S.p.A.

IT
Cement, lime and plaster
Updated about 9 hours ago

Cemex Guatemala S.A.

GT
Cement, lime and plaster
Updated 6 days ago
DitchCarbon Score

Cementos Panam

DO
Updated about 9 hours ago

URRÁ S.A. E.S.P.

CO
Transmission services of electricity
Updated about 9 hours ago

Cementir Holding

IT
Cement, lime and plaster
Updated about 9 hours ago

Vulcan Materials

US
Construction work (45)
Updated about 9 hours ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers