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Petroleos de Venezuela (PDVSA)

Petróleos de Venezuela SA (PDVSA) is a state-owned fully integrated oil and gas company headquartered in Venezuela. In 2020, it did not report its revenue and number of employees. PDVSA’s oil and gas outputs are at a record low due to economic sanctions imposed on Venezuela by the USA. It shows no signs of climate awareness and is disengaged from the low-carbon transition.

Ranking position
#84/100
Total score
1.4/100
Performance score
0.6/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)

Targets

0.0 /100 #38

Material Investment

15.5 /100 #13

Intangible Investment

0.0 /100 #20

Sold products

0.0 /100 #55

Management

0.0 /100 #91

Supplier Engagement

0.0 /100 #57

Client Engagement

0.0 /100 #53

Policy Engagement

10.0 /100 #69

Business Model

0.0 /100 #52

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

PDVSA receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. With no evidence that the company is aware of climate change issues or is engaged with the low-carbon transition, it seems unlikely that its emissions will decrease, especially as the Venezuelan government sees rebuilding the oil industry as economically necessary. PDVSA appears wholly dependent on the recovery of its fossil fuel business, and there are no indications that it has any plans or strategy for new low-carbon business activities.

Progress towards the Paris Agreement

More about the company

Headquarters
Caracas, Venezuela
Group revenue
No data available
Ownership structure
State owned
Number of employees
No data available
Scope of activity
Fully integrated
Website
http://www.pdvsa.com/