Petroleos Mexicanos (STATE.PEMEX)

Overall impact
D (31)

Commentary

Petroleos Mexicanos is a below-average overall performer. With a 'D' rating of 31.0 for overall impact (bottom 25% of all companies), Petroleos Mexicanos ranks 12th out of 28 industry peers, behind Eni, Total, Sasol and 8 others, and ahead of OMV AG, Kuwait Petroleum Corporation, Petronet LNG and 13 others. On top material causes for Petroleos Mexicanos's industry (Oil & Gas), Petroleos Mexicanos performs well in Quality Lifelong Education (80.6 score), No Poverty (86.8) and Decent, Safe Work Opportunities (81.0) and performs poorly in Disaster Readiness and Effective Aid (9.0 score), Renewable Energy Growth (0.0), Terrestrial Biodiversity (15.1) and 5 other causes where it received a 'D' or 'F' score.
Impact
Cause STATE.PEMEX
Peer rank
Overall impact

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Company
Founded
1938
Employees
126,000
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-industry
Integrated Oil & Gas
SASB industry
Oil & Gas - Exploration & Production
Headquarters
Mexico
Share classes
STATE.PEMEX
Description
Petróleos Mexicanos, which translates to Mexican Petroleum, but is trademarked and better known as Pemex, is the Mexican state-owned petroleum company. It was created in 1938 by nationalization or expropriation of all private, foreign, and domestic oil companies at that time.
Material causes
Ethos considers the following causes material for Petroleos Mexicanos, based on its industry sub-industry Integrated Oil & Gas. Learn more about material causes in our methodology overview.

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