In 2023, Petroleos Mexicanos 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).
Petroleos Mexicanos has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 60,979,382a | 68,951,164a | 71,074,991a | |
Total Scope 2 | ||||
Market-Based | 1,979,258a | 2,147,567a | 1,748,538a | |
Location-Based | 2,186,832a | 2,295,338a | 1,828,249a | |
Total Scope 3 | 399,770,679a | 389,573,500a | 349,907,174a | |
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In 2023, the total operational greenhouse gas (GHG) emissions of Petroleos Mexicanos amounted to 63,166,214 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).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Petroleos Mexicanos decreased by 11.34%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Petroleos Mexicanos were 60,979,382 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Petroleos Mexicanos's Scope 1 emissions have increased by 27.04%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Petroleos Mexicanos's Scope 1 emissions decreased by 11.56%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Petroleos Mexicanos reported Scope 2 greenhouse gas (GHG) emissions of 1,979,258 tCO₂e using the market-based method and 2,186,832 tCO₂e using the location-based method.a
Compared to the previous year (2022), Petroleos Mexicanos's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Petroleos Mexicanos's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Petroleos Mexicanos reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Petroleos Mexicanos reported 399,770,679 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Petroleos Mexicanos includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Petroleos Mexicanos reported total Scope 3 emissions of 399,770,679 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2022), Petroleos Mexicanos's Scope 3 emissions remained relatively stable, indicating that Petroleos Mexicanos's emissions have plateaued with no significant change in its value chain footprint.a
In 2023, Petroleos Mexicanos reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Petroleos Mexicanos's Scope 3 emissions were:a
In 2023, Petroleos Mexicanos reported a total carbon footprint of 462,936,893 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.46% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Petroleos Mexicanos's total carbon footprint was Scope 3 emissions, accounting for 86.36% of the company's total carbon footprint, followed by Scope 1 emissions at 13.17%.a