Petroleos de Venezuela (PDVSA) | Sustainability Performance
Founded in 1976 following the nationalization of Venezuela's oil industry, manages the country's petroleum resources — among the world's largest reserves — across exploration, production, refining and marketing, including operations through US subsidiary Citgo.
1960
Colombia
10,001+ employees
Oil & Energy
$10B+ in revenue
$500M - 1B in profitability
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Sustainability Ranking & Industry Benchmark
#12619
Overallⓘ#40
in Colombiaⓘ#392
in Oil & EnergyⓘSustainability Maturity
ⓘSustainability Intent
ⓘOverview
Environmental
Carbon emissions
Aligned
Intensity
Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Greenhouse gas intensity (Scope 1, 2, 3)(tCO₂e /$M)
Industry Benchmark
245.8
B/M 253.6
1.3K
B/M 3.4K
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Controversy level
- PDVSA has been subject to comprehensive U.S. Treasury (OFAC) sanctions since 2019, including designation of the entity itself and senior officials as Specially Designated Nationals, prohibiting most U.S.-related transactions and creating broad exposure for international counterparties.
Reporting
Not reporting on Sustainability
Not committed to key sustainability initiatives