Cementos Argos SA

Common Name
Cementos Argos
Country
Colombia
Sector
Basic Materials
Industry
Building Materials
Employees
N/A
Ticker
CEMARGOS
Exchange
BOLSA DE VALORES DE COLOMBIA

Cementos Argos's GHG Emissions Data Preview

In 2022, Cementos Argos completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Cementos Argos has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Cementos Argos's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Cementos Argos amounted to 9,215,591.718 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Cementos Argos increased by 0.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Cementos Argos's Scope 1 Emissions Over Time

201920202021202202.5 M5 M7.5 M10 MtCO2e-11%+13%0%
  • Total Scope 1
  • Year-over-Year Change

What are Cementos Argos's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Cementos Argos were 8,812,826.788 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Cementos Argos reduced its Scope 1 emissions over time?

Since 2019, Cementos Argos's Scope 1 emissions have increased by 1.14%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Cementos Argos's Scope 1 emissions remained relatively stable, indicating that Cementos Argos's emissions have plateaued with no significant change in its operational footprint.

What are Cementos Argos's Scope 2 emissions?

In 2022, Cementos Argos reported Scope 2 greenhouse gas (GHG) emissions of 385,000.859 tCOâ‚‚e using the market-based method and 402,764.93 tCOâ‚‚e using the location-based method.

Has Cementos Argos reduced its Scope 2 emissions over time?

Since 2019, Cementos Argos's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Cementos Argos 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Cementos Argos use for Scope 2 reporting?

In 2022, Cementos Argos reported its Scope 2 emissions using the market-based method and using the location-based method.

Cementos Argos's Scope 2 Emissions Over Time

20192020202120220150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Cementos Argos's Value Chain Emissions

In 2022, Cementos Argos reported 4,543,454.554 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2022 disclosure of Cementos Argos includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Cementos Argos's Scope 3 Emissions Over Time

201920202021202201.5 M3 M4.5 M6 MtCO2e-4%-1%+10%
  • Total Scope 3
  • Year-over-Year Change

What are Cementos Argos's Scope 3 emissions?

In 2022, Cementos Argos reported total Scope 3 emissions of 4,543,454.554 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 90.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.35% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Cementos Argos reduced its Scope 3 emissions over time?

Since 2019, Cementos Argos's Scope 3 emissions have remained relatively stable, indicating that Cementos Argos 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2021), Cementos Argos's Scope 3 emissions increased by 10.07%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Cementos Argos disclose?

In 2022, Cementos Argos reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Cementos Argos's Scope 3 emissions?

In 2022, the largest contributors to Cementos Argos's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 2,827,250.847 tCOâ‚‚e (62.23%)
  • Upstream Transportation and Distribution (Cat. 4): 666,883.523 tCOâ‚‚e (14.68%)
  • Fuel- and Energy-Related Services (Cat. 3): 514,883.006 tCOâ‚‚e (11.33%)

Cementos Argos's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(62.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(11.3%)UpstreamTransportation andDistribution(Cat. 4)(14.7%)

Insights into Cementos Argos's Total Carbon Footprint

In 2022, Cementos Argos reported a total carbon footprint of 13,759,046.272 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.34% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Cementos Argos's total carbon footprint was Scope 1 emissions, accounting for 64.05% of the company's total carbon footprint, followed by Scope 3 emissions at 33.02%.

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