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Promigas is the leading supplier of natural gas in Peru and Colombia. Promigas is publicly owned and made up of 22 companies which supply 38% of the Colombian market and 94% of the Peruvian market with natural gas. The company provides 21 million people with energy and has significant operations in the city of Lima.
Summary
Promigas reports on numerous sustainability topics but has potential to strengthen its performance in many areas. The company discloses its goal to maintain trusting relationships with employees, ensure customer loyalty and satisfaction and cooperate with regulatory agencies. However, it is encouraged to disclose the specific channels and frequencies of engagement with these stakeholders and how it deals with the concerns raised.
The company reports progress in the quality and reliability of its services, including a 17% reduction in the duration of interruptions, 6% reduction in the number of interruptions and 41% reduction in gas leakages in the last three years. However, it lacks reporting on affordability, which is equally important for access to energy.
Promigas discloses a Decarbonisation Roadmap and has set targets to reduce its scope 1 and 2 emissions by 50% by 2028 and become carbon neutral by 2040, in accordance with the Science Based Targets initiative (SBTi). However, the company is yet to demonstrate quantitative reductions in its emissions. Moreover, though Promigas discloses that it implements disaster risk management plans for all its operations, it can improve its resilience plans by referring to external standards such as ISO 31000.
Ranking position
#26
/300
Total score
26.2
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
16.7
/100
Rank (0-300)
#55
Measurement area
Inclusive Cities
Score
# 1
37.5
/100
Rank (0-300)
#28
Measurement area
Healthy Cities
Score
# 1
11.7
/100
Rank (0-300)
#66
Measurement area
Climate Proof & Resilient Cities
Score
# 1
23.3
/100
Rank (0-300)
#35
Measurement area
Core Social Indicators
Score
# 1
41.7
/100
Rank (0-300)
#13
Industries
Industries
Energy distribution
#9
More about the company
Headquarters
Colombia
Ownership structure
Public
Revenue
USD 1,243 billion (2022)
Number of employees
2487 (2022)
Website
https://www.promigas.com
63716
