Pampa Energía S.A..
PAM.US | Electric power generation, transmission and distribution
Pampa Energía S.A. is an integrated Argentine energy company. It participates in the electricity and gas value chain. Its Electricity Generation segment operates thermal, hydroelectric, and wind power plants. The Electricity Distribution segment distributes electricity to Buenos Aires and other area...Show More
Better Health for All
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Pampa Energía's operations generate significant negative health externalities. In 2023, the company's total emissions were 8,366,335,000 kg CO2e, with a "Very high" carbon intensity.
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Its electricity generation capacity in 2022 was 71% gas, and there is no clear plan for phasing out gas.
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While Scope 1 and 2 emissions saw a 14% reduction in 2022, the overall reliance on fossil fuels and high emissions indicate major health-harming externalities with inadequate remediation. The company's principal goods and services, which include electricity, natural gas, oil, and petrochemicals, do not have a significant direct positive or negative health impact on users.
Fair Money & Economic Opportunity
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Pampa Energía S.A. is an integrated energy company, and the provided articles do not indicate that it offers lending, deposit, or other financial services to consumers. While the company engages in social impact initiatives focused on education, employability, and social inclusion, these are not described as financial products, services, or profit reinvestment in community finance.
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Therefore, all KPIs related to 'Fair Money & Economic Opportunity' are not applicable.
Fair Pay & Worker Respect
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In 2023, 52.3% of Pampa Energía's direct staff were affiliated with unions or covered by collective bargaining agreements.
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The company's Lost Time Injury Frequency Rate (TRIR) was 1.55 in 2023, with no fatalities recorded in both 2022 and 2023.
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The average annual salary gap between genders was 14%, indicating women earned 86% of men's pay.
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The voluntary employee turnover rate was 5% in 2023, and 86% of employees would recommend working at the company.
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In 2023, the company recorded 3 cases of significant breaches that did not result in non-monetary sanctions, and paid 31 fines for non-significant breaches.
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Fair Trade & Ethical Sourcing
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In 2023, Pampa Energía S.A. directed 83.3% of its procurement budget to local suppliers.
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This figure was 87.3% in 2022.
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Honest & Fair Business
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Pampa Energía has a comprehensive whistleblower policy with an Ethics Hotline available via telephone, chat, e-mail, and website.
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This hotline is managed by an external provider and supervised by the Audit Committee, allowing for anonymous reporting.
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The company has not restated any significant information from previous reports.
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50% of the Board members are independent.
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It has a comprehensive Policy against Fraud, Corruption, and other Irregularities, and an Integrity Program based on Law No. 27,401, which includes provisions for third-party due diligence.
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In 2023, 100% of teammates and Board members received anti-corruption training, and 99.78% of teammates signed the Code of Conduct, with no public corruption cases filed against the company or its teammates.
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Kind to Animals
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Pampa Energía S.A. is an integrated energy company. The provided articles, including its sustainability reports, do not contain any specific, concrete data points or information relevant to the animal welfare KPIs such as cruelty-free certifications, animal testing, humane operations, ethical input substitution, or animal agriculture ethics. Therefore, all KPIs related to the 'Kind to Animals' value must be omitted due to a lack of evidence.
No War, No Weapons
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No information regarding Pampa Energía S.A.'s involvement in arms manufacturing, military contracts, conflict facilitation, or related ethical considerations was found in the provided articles
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. Therefore, no KPIs could be scored against the 'No War, No Weapons' value.
Planet-Friendly Business
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Pampa Energia's total Scope 1, 2, and 3 greenhouse gas emissions for 2023 were approximately 8,370,000 tCO2e.
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The company lacks SBTi-validated, science-based carbon reduction targets
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and has not mentioned a specific net-zero target year.
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There is no evidence of climate scenario analysis being used in business plans
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, nor is there evidence of social dialogue or just transition planning.
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In 2023, the company recorded 31 fines for non-significant breaches
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and 38 spills.
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Pampa Energia is also named in a lawsuit by the Neuquen Mapuche Confederation for environmental contamination related to fracking waste near Anelo, accusing them of harming the environment with "dangerous waste" due to "deficient treatment" close to the town.
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In 2023, 9.6% of total energy consumption was sourced from renewables.
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The waste diversion rate from landfill was 0.93% in 2023.
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Net water consumption was 19,847,509 m3 in 2023
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, with sales of US$1,787 million
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, resulting in 11,106.6 m³ per $1 M revenue. Biodiversity efforts include studies and the sowing of fish in dams.
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Respect for Cultures & Communities
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In 2023, Pampa Energía S.A. directed 83.3% of its procurement spending to local suppliers.
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The company was named in an August 2024 lawsuit by the Neuquen Mapuche Confederation, alleging environmental contamination from fracking waste near Anelo, Argentina.
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Pampa Energía responded by claiming its name was mistakenly included in the lawsuit and that it does not have a contract with the waste treatment company.
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Safe & Smart Tech
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Pampa Energía S.A. invested USD 12.5 million in cybersecurity in 2023
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, which represents approximately 0.683% of its 2022 revenue of USD 1.83 billion
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. The company reported no incidents affecting customer privacy or unauthorized data use in 2023
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. Users have basic control over their personal data, with options to edit information for services and manage cookie installation
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.
Zero Waste & Sustainable Products
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Pampa Energía S.A. faces allegations of illegal waste dumps of highly toxic oily sludge waste from fracking, leading to a lawsuit filed by the Neuquen Mapuche Confederation.
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In 2023, the company paid AR$49 million in fines for 31 non-significant breaches.
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In 2023, the company recovered 17% of its total waste generated.
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Pampa Energía has a goal to achieve a recycling rate greater than 50% by 2026.
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The company has implemented numerous waste reduction initiatives, including a compost project valuing over 1,250 kg of organic waste, go paperless campaigns recovering 7,000 kg of paper, 500 kg of plastics, and 100 kg of cardboard, and optimizing flare and recycling compression systems to reduce GHG emissions.
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The company evaluates technical environmental management criteria for all direct suppliers, conducting continuous monitoring and periodic audits of their QHSE performance.
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It also educates customers through vegetable gardening and waste separation workshops in educational institutions and by delivering 30,000 geometry kits made from recycled material with educational booklets to primary schools.
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