Pemex (Petróleos Mexicanos)

InfluenceMap Score
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Performance Band
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Organisation Score
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Relationship Score
Sector:
Energy
Head​quarters:
Mexico City, Mexico
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Pemex appears to have very limited engagement on climate action, climate-related regulations, and the energy transition. In its limited communications, the company appears to support the long-term role of fossil fuels in the energy mix.

Top-line Messaging on Climate Policy: Pemex has very limited top-line messaging related to climate action. In the company’s most recent Sustainability Report, published in 2019, it has acknowledged some of the science of climate change. Pemex also stated in this report that it supports Paris Agreement as well as Mexico’s Nationally Determined Contributions (NDC). In July 2022, Pemex revealed stated on social media in a tweet that the company’s CEO, Octavio Romero, had a meeting with the US State Department to discuss climate change issues without disclosing the company’s positions or the details of the engagement.

Engagement with Climate-Related Regulations: As of August 2022, except for methane regulation, Pemex does not appear to have disclosed its positions on, or engagement with, any specific climate-related policy and regulations. In the July 2022 social media post tweet that disclosed the CEO Octavio Romero’s meeting with the US State Department, Pemex disclosed that it had discussions to “address” issues related to methane emissions. However, Pemex provided no positions or additional information on this engagement. The company has not responded to 2021 CDP Climate Change questionnaire.

Positioning on Energy Transition: Pemex appears to support a continued role for fossil fuels in the future energy mix, albeit with limited transparent engagement on this issue. In its 2019 Sustainability Report, Pemex appeared to suggest that oil and gas would continue to supply most of the energy in Mexico, seemingly suggesting that greenhouse gas reduction efforts should not limit fossil fuel production.

Industry Association Governance: Pemex has not disclosed a full list of its industry association memberships and indirect climate-related lobbying activities, nor has it published a full audit disclosure of its industry links. InfluenceMap has found that Pemex has membership in the Asociación Mexicana de Empresas de Hidrocarburos (AMEXHI).

Additional Note: Pemex is headquartered in Mexico, where InfluenceMap’s LobbyMap platform can currently only make a provisional assessment of corporate climate policy engagement, due to limited capability to access publicly available data on this issue. As it is possible that InfluenceMap is not yet able to fully capture evidence of Pemex's climate policy engagement activities, these scores should be considered provisional at this time.

In addition, Pemex is a listed company with more than 50% of its shares owned by the government of Mexico. State-owned enterprises likely retain channels of direct and private engagement with government officials that InfluenceMap is unable to assess, and therefore are not represented in Pemex's engagement intensity metric.

InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information, see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q3 2022.

QUERIES
DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
48%
 
48%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.