Grupo Argos SA

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

Grupo Argos's Climate Target Data Preview

As of 2024, Grupo Argos has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 3 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Grupo Argos ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2025
Intensity-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Colombian Peso (COP) of Revenue
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2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Colombian Peso (COP) of Revenue
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 Grupo Argos's Greenhouse Gas Emissions Pathways

As of 2024, Grupo Argos has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Grupo Argos have a target to reduce the emissions from its operations?

As of 2024, Grupo Argos has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Grupo Argos's most ambitious operational target is to reduce these emissions by 37% by 2030, compared to a baseline of 12,384,988.095 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015.

Grupo Argos has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

Grupo Argos's Operational (Scope 1+2) Emissions Pathway

20152024203003.5 M7 M10.5 M14 MBaselineCurrent (-58%)Target 2030 (-37%)

Does Grupo Argos have a target to reduce the emissions from its value chain?

As of 2024, Grupo Argos has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

Grupo Argos's most ambitious value chain target is to reduce these emissions by 24.14% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Colombian Peso (COP) of Revenue in 2023.

Grupo Argos has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

Grupo Argos's Value Chain (Scope 3) Emissions Pathway

20232024203000000BaselineCurrent (-62%)Target 2030 (-24%)
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