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.

15

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.

7

Industry Benchmark

Tecpetrol Sociedad Anónima's score of 15 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

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Tecpetrol Sociedad Anónima's reported carbon emissions

In 2023, Tecpetrol Sociedad Anónima reported significant carbon emissions, totalling approximately 4,042,558,000 kg CO2e for Scope 1 and about 33,013,000 kg CO2e for Scope 2. This marks a notable increase from 2022, where emissions were approximately 3,326,804,000 kg CO2e for Scope 1 and about 58,001,000 kg CO2e for Scope 2. The company has disclosed emissions data for both Scope 1 and Scope 2 but has not reported any Scope 3 emissions. Despite the increase in emissions, Tecpetrol has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company operates within the mineral fuels and oils sector, which is typically associated with high carbon emissions, underscoring the importance of effective climate action in this industry. Overall, while Tecpetrol's emissions data reflects the challenges faced in reducing carbon footprints, the lack of defined reduction initiatives indicates an opportunity for the company to enhance its climate commitments moving forward.

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2020202120222023
Scope 1
3,624,118,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
0,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-

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 high 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 Tecpetrol Sociedad Anónima is in AR, which has a medium 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.

Tecpetrol Sociedad Anónima 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

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