In 2023, Sociedad Matriz SAAM 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).
Sociedad Matriz SAAM has also provided a category-level breakdown for 1 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 | 176,555.8a | 191,689b | 189,445b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 996.8a | 25,979b | 26,464b | |
Total Scope 3 | 11,481a | 122,556b | 193,792b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 326.9043a | 415.0595b | 464.7132b |
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In 2023, the total operational greenhouse gas (GHG) emissions of Sociedad Matriz SAAM amounted to 177,552.6 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 Sociedad Matriz SAAM decreased by 18.43%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2023, the total Scope 1 emissions of Sociedad Matriz SAAM were 176,555.8 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Sociedad Matriz SAAM's Scope 1 emissions have increased by 416.88%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Sociedad Matriz SAAM's Scope 1 emissions decreased by 7.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2023, Sociedad Matriz SAAM reported Scope 2 greenhouse gas (GHG) emissions of 996.8 tCO₂e without specifying the calculation method.a
Since 2019, Sociedad Matriz SAAM's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 91.92%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2022), Sociedad Matriz SAAM's Scope 2 emissions (Unspecified Calculation Method) fell by 96.16% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2023, Sociedad Matriz SAAM reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Sociedad Matriz SAAM reported 11,481 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 Sociedad Matriz SAAM includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2023, Sociedad Matriz SAAM reported total Scope 3 emissions of 11,481 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Sociedad Matriz SAAM's Scope 3 emissions have decreased by 87.57%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), Sociedad Matriz SAAM's Scope 3 emissions decreased by 90.63%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
In 2023, Sociedad Matriz SAAM reported emissions for 1 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 Sociedad Matriz SAAM's Scope 3 emissions were:a
In 2023, Sociedad Matriz SAAM reported Scope 1 greenhouse gas (GHG) emissions of 176,555.8 tCO₂e and total revenues of USD 540 millions. This translates into an emissions intensity of 326.9 tCO₂e per millions USD.a
In 2023, Sociedad Matriz SAAM reported a Scope 1 emissions intensity of 326.9 tCO₂e per millions USD. Compared to the peer group median of 409.54, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Sociedad Matriz SAAM ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Sociedad Matriz SAAM is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Sociedad Matriz SAAM reported a total carbon footprint of 189,033.6 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 44.44% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Sociedad Matriz SAAM's total carbon footprint was Scope 1 emissions, accounting for 93.4% of the company's total carbon footprint, followed by Scope 3 emissions at 6.07%.a