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Sustainability

Our Approach

At Pampa Energía, we consider that economic progress should be sustainable, that’s why we are committed to disclose our performance focusing on quality, reliability, people’s health and safety, environmental care and energy management, seeking to optimize the management of our assets, in balance between performance, risks and costs.

Pampa and the 2030 Agenda

We believe economic progress needs to be sustainable and carry this commitment before all our stakeholders: shareholders, clients, employees, suppliers, regulatory agencies and community.

Since the preparation of our first Sustainability Report in 2017, we committed to start to gradually understand and identify actual and potential impacts of our activity by incorporating the Sustainable Development Goals (SDG) approved by the United Nations’ member states in September 2015.

Hence, we conducted a first stage to understand how we can make our contribution to sustainable development by analyzing the goals and objectives associated with our business aiming both to minimize the negative and to maximize the positive impacts of our own activities. Moreover, we also gathered all SDGs identified by the Company’s stakeholders as material. 

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The identified SDGs are mainly associated with:

Sustainability Index

Since 2018, Pampa has been part of the first sustainability index (non-commercial) managed by ByMA and sponsored by the Inter-American Development Bank, in which 15 companies listed in ByMA with the best performance in environmental, social, corporate governance and contribution to SDG are selected.

Corporate Governance Plus Stock Panel

Since 2018, Pampa has been part of the special stock market trading panel (+GC) launched by ByMA. This panel includes companies already listed at ByMA with single-vote shares, meeting and even exceeding the best corporate governance and transparency practices required by regulations in force, including:

These practices, which are periodically monitored for compliance, are aligned with the Corporate Governance principles of the Organization for Economic Co-operation and Development (OECD).

Gender Equality Index

Since 2018, Pampa has been part of the corporate gender equality index, which covers companies from all over the world. The index tracks aspects specifically related to gender equality such as:

Pampa is the only Argentine company with 29 other Latin American companies forming part of the index.

Reports

We share the results of our management regarding sustainable development through Sustainability Reports, following the criteria of the Global Reporting Iniciative (GRI)

Sustainability Report 2020

Sustainability Report 2019

Sustainability Report brochure 2019

Sustainability Report 2018

Sustainability Report 2017

Integrated Management Policy

Our new integrated management policy – an evolution of our previous HQSE Policy – establishes commitments for the management of our assets with social responsibility and in an ethical manner, with a focus on profitability, seeking to achieve the sustainable development of our businesses.

We consider the integrated management of quality, reliability, safety, occupational health, environment, and energy as an essential part of our operations.
Our policy establishes a set of commitments and also ten principles that constitute Pampa’s way of implementing the commitments. These principles of integrated management are internationally recognized good practices, they enable the uniform implementation of the policy and facilitate its implementation on a day-to-day basis.

In addition to our Integrated Management Policy, we consider the recommendations issued by the International Labor Organization (ILO) and the World Health Organization (WHO) regarding alcoholism, as well as drugs and psychoactive substances addiction. Hence, we implement the necessary practices to prevent and eliminate these undesirable behaviors in workplace.

The strong principles are shown in our Alcohol, Drugs and Psychoactive Substances Policy, which promotes healthy habits and safe conditions for employees and contractors that work under Pampa’s labor environment.

Integrity Program

Upon the enactment and entry into force of the Legal Entities’ Criminal Liability Law, Pampa’s Board assessed the level of compliance with the Integrity Program set forth in Sections 22 and 23 of such law, which seeks to implement a set of internal proceedings, mechanisms and actions for integrity, supervision and control, geared at preventing, detecting and correcting the irregularities and illegal acts covered by such law.

The Program set forth by law has mandatory and optional requirements, and Pampa has defined the need to comply with all of them. It is worth highlighting that all mandatory requirements had already been implemented at Pampa before said law’s effective date.

Furthermore, the Integrity Program is periodically monitored by the Board, including the identification of potential improvement opportunities. The Board has defined that Pampa’s Internal Audit Department will be the body internally responsible for the program, including its development, coordination and supervision.