Pemex Aims to Reduce CO2 Emissions by 25% by 2021

(Pemex, 26.Jul.2018) – Environmental protection and sustainability, the governing principles of the State-Owned Productive Company’s work

The CEO of Petróleos Mexicanos, Carlos Treviño, inaugurated the 7th Environmental Conferences this morning

For Petróleos Mexicanos, environmental protection and sustainable development are high-priority values. Therefore, the State-Owned Productive Company expects to reduce its carbon dioxide (CO2) emissions into the atmosphere by 25 per cent, as well as to increase water recycling by 60 per cent by 2021, compared with 2016 levels.

This morning, Pemex CEO Carlos Alberto Treviño Medina, presided over the grand opening of the 7th Environmental Conferences, and during his speech he expressed the company’s commitment towards minimizing the environmental impact of its activities, which stems from a respectful approach towards the environment and efficient use of natural resources.

During the event, which was held in the 18 de Marzo Auditorium of the Pemex Management Center, Treviño Medina stated that sustainability is a factor that characterizes Petróleos Mexicanos. “We must continue to apply the best international practices and remain on the leading edge of the international oil industry, while meeting the objectives of the United Nations’ Sustainable Development Program,” he said.

The 7th Environmental Conferences will be held over two days, and it is in this forum that the Petróleos Mexicanos Sustainability Report for 2017 was disclosed by Pemex’s corporate director of Planning, Coordination and Performance, Rodulfo Figueroa Alonso. The report details the actions carried out by the company in environmental matters.

This year, the 7th Environmental Conferences have Sustainable Development Objectives at their core. These are part of an initiative of the United Nations Program, which consists of 17 global targets to eradicate poverty, protect the planet and ensure prosperity for all, as part of a sustainable development plan.

During the event, the deputy secretary for Environmental Protection Management for the Ministry for the Environment and Natural Resources (initials in Spanish, SEMARNAT), Martha Garcíarivas Palmeros, reiterated that Mexico signed the Paris Accord, which establishes the goal of reducing Greenhouse gas emissions by 22 per cent in 2030.

The official congratulated Pemex for its participation in the National Air Quality Strategy, through which various actions to protect the environment have already been set in motion.

On the other hand, the deputy secretary of Planning and Energy Transition for the Ministry of Energy (acronym in Spanish, Sener), Leonardo Beltrán Rodríguez, stated that the Pemex Business Plan for 2017-2021 clearly establishes a clear commitment in environmental matters, which exemplifies the company’s position regarding sustainability.

During his participation in this event, the General Secretary of the Mexican Oil Workers’ Union, Carlos Romero Deschamps, expressed the oil workers’ commitment towards performing their work responsibly and in an environmentally friendly manner.

Several awards were presented to Petróleos Mexicanos in different areas for successfully applying environmental practices.

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Author: ENERGY ANALYTICS INSTITUTE (EAI)

Energy Analytics Institute (EAI) is a Houston-based independent think-tank providing unbiased research, analysis, commentaries, opinions and breaking news related to the petroleum sectors in the Latin American and Caribbean regions.

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