Climate Change Data

PetroTal Perú S.R.L.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:1,783,984.33 tCO2e/year
Scope 1 Emissions:30,983.89 tCO2e/year
Scope 2 Emissions:12.39 tCO2e/year
Scope 3 Emissions:1,752,988.05 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:356.82 TJ/year
Water Consumption:140,059 m3/year (freshwater consumed)
Waste Generated:Not disclosed
Carbon Intensity:400.62 kg CO2e/bbl

ESG Focus Areas

  • Climate Change
  • Biodiversity
  • Spill Prevention
  • Community Relations
  • Human Rights
  • Occupational Health and Safety
  • Business Continuity
  • Anti-Corruption

Environmental Achievements

  • Reduced Scope 1 emissions by 17% compared to 2021 due to improvements in electric generators and air conditioning systems.
  • Obtained Peru Carbon Footprint certification.
  • Implemented a forest restoration project (7.5 ha) five times the area initially deforested (1.49 ha).
  • Discovered a new bird species (Batará de Cocha).

Social Achievements

  • Invested USD $5 million in community projects aligned with UN SDGs.
  • Established the Puinahua District Development Fund.
  • Implemented the Citizen Socioenvironmental Monitoring Program (PROMOSAC) with 21 local monitors.
  • Received two 2022 Sustainable Development Awards from the SNMPE (one in Social Management and one in Environmental Management).

Governance Achievements

  • Developed a Management System and due diligence procedures to prevent corruption and bribery, aligned with ISO 37001.

Climate Goals & Targets

Long-term Goals:
  • Development of projects with carbon footprint reduction targets.
Medium-term Goals:
  • Energy provision assessment for the Bretaña camp.
  • Identification of opportunities for acquiring carbon credits through REDD and REDD+ projects.
Short-term Goals:
  • Assessment of equipment efficiency (drilling rigs, generators).
  • Heat recovery system evaluation.
  • Changeover to photovoltaic systems for 18 communities.
  • Reduction and elimination of gas flaring.

Environmental Challenges

  • Impacts on local livelihoods due to impacts on local species.
  • River erosion causing loss of land and damage to docks.
  • Social conflicts leading to operational stoppages (53 days total).
  • Misinformation about PetroTal's activities among communities.
Mitigation Strategies
  • Developed a Climate Change Adaptation and Mitigation Action Plan with a 40% GHG reduction target by 2030.
  • Implemented various biodiversity conservation initiatives (PMB, flora and fauna management programs, etc.).
  • Established the Puinahua District Development Fund to address social concerns.
  • Strengthened communication and stakeholder engagement through various channels (meetings, newsletters, etc.).
  • Developed an investment plan for riverbank protection to mitigate erosion.

Supply Chain Management

Supplier Audits: 100% of suppliers in the area of influence evaluated using social criteria in 2022.

Responsible Procurement
  • Code of Conduct
  • Social clauses in contracts (local labor hiring, prohibition of discrimination, etc.)

Climate-Related Risks & Opportunities

Physical Risks
  • River erosion
Transition Risks
  • Decreased hydrocarbon demand due to energy transition.
Opportunities
  • Development of renewable energy projects.

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: AENOR (ISO 14064-1:2018 for GHG emissions)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 15 (Life on Land)
  • SDG 17 (Partnerships for the Goals)

Community projects and biodiversity initiatives contribute to these goals.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Two 2022 Sustainable Development Awards from the SNMPE