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Petroleos de Venezuela

Petroleos de Venezuela (PDVSA) is a fully state-owned oil and gas company headquartered in Venezuela. It has activities in exploration, production, refining and exporting oil as well as exploration and production of natural gas. PDVSA has dominated the oil industry of Venezuela, and is the world’s fifth largest oil exporter.
Ranking position
#96 /99
Total score
0.3 /100

0.3 /60
Core social indicators
0.0 /20
Just transition
0.0 /20

ACT score components

Performance score
0.2 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-99)


#1 0.0 /100 #66

Material investment

#1 1.9 /100 #65

Intangible investment

#1 0.0 /100 #11

Sold products

#1 2.5 /100 #41


#1 0.0 /100 #90

Supplier engagement

#1 0.0 /100 #50

Client engagement

#1 0.0 /100 #45

Policy engagement

#1 6.0 /100 #76

Business model

#1 0.0 /100 #66
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


PDVSA receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company has not set any decarbonisation targets and has not developed a transition plan. The company has set targets to rapidly expand its oil production. PDVSA is projected to exceed its scope 3 carbon budget by over 70% between 2022 and 2050. There is no evidence the company is seeking to explore new low-carbon business models.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

See results for

  1. 2021

More about the company

Caracas, Venezuela
Fully state-owned

This company is part of the SDG2000, the 2,000 most influential companies

See company profile SDG2000