Terpel Panamá
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:742.36 tCO2e (Scope 1) + 5,040.94 tCO2e (Scope 2) + 2,349 tCO2e (Scope 3) = 8,132.3 tCO2e
Scope 1 Emissions:742.36 tCO2e
Scope 2 Emissions:5,040.94 tCO2e
Scope 3 Emissions:2,349 tCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:67,732.29 GJ
Water Consumption:320,033 m3
Waste Generated:91.40 tons
Carbon Intensity:Not disclosed
ESG Focus Areas
- Government Corporate and Transparency
- Diversity, Equity and Human Talent
- Health and Safety
- Supply Chain Management
- Quality Products and Services
- Alternative Energies and Climate Change
- Relationship with Communities
Environmental Achievements
- Implemented ReciclaT program, expanding to Panamá Oeste province, promoting responsible single-use product management. Reduced CO2 emissions by 1.63 tons through ReciclaT.
- Investment of US$ 30,8319.44 in environmental initiatives.
Social Achievements
- Recognized by Great Place To Work as one of the best places to work in Panama.
- Recognized by Merco for best practices in Corporate Responsibility and Governance.
- Recognized by the Global Compact Network in Panama as a success story and business resilience case.
- First place in Relevo por la Vida 2020 for the second consecutive year.
- Implemented "Conéctate con tus emociones" program for employee well-being.
- Implemented "Alimentando Esperanzas", reaching 3,500 families.
- Launched the virtual volunteer program "ConectaT" in alliance with UNICEF and the Red Cross.
- Implemented the "Heroes of Health" campaign, providing 1,000 fuel loads to healthcare professionals.
- Distributed over 26,000 AntiVirux keychains promoting self-care.
Governance Achievements
- Selected to lead the AmCham Sustainability Committee.
- 150 employees received information on anti-corruption, 40 received training.
- Updated materiality analysis to identify relevant economic, social, and environmental issues.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- 39% decrease in the fuel market.
- COVID-19 pandemic impacting operations and employee well-being.
- Supply chain disruptions (implied).
Mitigation Strategies
- Designed alternatives to adjust to consumer needs.
- Implemented robust transformation processes.
- Prioritized employee health and safety with biosecurity protocols.
- Implemented work-from-home policies.
- Implemented the "Conéctate con tus emociones" program.
- Implemented the "Alimentando Esperanzas" program.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Code of Conduct, SSAC guidelines for contractors.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Pawa Panama Water
- Eco-desks
Awards & Recognition
- Great Place To Work, Merco, Global Compact Network recognition.