Petroleos Mexicanos
Petroleos Mexicanos's Climate Target Data Preview
As of 2024, Petroleos Mexicanos has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 intensity-based 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 Petroleos Mexicanos's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Other Product (Unlisted) from Unspecified Activities | Copy/Paste is a PRO feature.  a | 2027 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Ammonia Produced/Manufactured | 0000000 | 2027 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Methanol Produced/Manufactured | Copy/Paste is a PRO feature.  a | 2027 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas Produced | 0000000 | 2027 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Cubic Feet (ft3) of Natural Gas Processed | Copy/Paste is a PRO feature.  a | 2027 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Crude Oil Processed | Copy/Paste is a PRO feature.  a | 2027 |
Verified Sources Behind Petroleos Mexicanos’s Climate Targets Data
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Insights into Petroleos Mexicanos's Greenhouse Gas Emissions Pathways
As of 2024, Petroleos Mexicanos has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
Does Petroleos Mexicanos have a target to reduce the emissions from its operations?
As of 2024, Petroleos Mexicanos has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Petroleos Mexicanos's most ambitious operational target is to reduce these emissions by 74.87% by 2027, compared to a baseline of 12.14 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Other Product (Unlisted) from Unspecified Activities in 2021.a
Instead of reducing operational emissions, Petroleos Mexicanos has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.a