At Pampa Energía, we consider that economic progress should be sustainable, that’s why we are committed to disclose our performance focusing on quality, personal health and safety, environmental care and energy efficiency.
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.
The identified SDGs are mainly associated with:
- The environmental impacts of our activities, such as the generation of renewable energy, the efficient management of resources such as water, waste, etc., and climate action (SDG 6, 7, 9, 12 and 13);
- The commitment to quality education we have undertaken through the activities conducted with the Pampa Energía Foundation in the communities where we have a presence (SDG 4);
- The creation of and commitment to decent work, and the training and development of our employees, ensuring a safe and protected work environment (SDG 8); and
- The search for alliances and partnerships with different initiatives and organizations to help us attain the 2030 Agenda Goals (SDG 17).
Sustainability Index
In December 2018, Pampa entered 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
On December 18, 2018 Pampa joined the Corporate Governance Plus special stock quote 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:
- Single class of shares;
- High free float;
- Gender diversity at the Board of Directors; and
- Corporate governance policies and actions seeking closeness with minority shareholders.
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
In 2018, Pampa was listed in the Bloomberg Gender – Equality Index, which covers companies from all over the world. The index tracks aspects specifically related to gender equality such as:
- Internal corporate statistics: female presence in the Bard of Directors, senior positions, and in the total payroll;
- Employment policies, mainly on promotions, hiring, retention and compensation;
- Support and involvement in gender issues with the local community; and
- Promotional and sales strategies focused on diversity.
Pampa is the only Argentine company listed in the index, and one of the four companies in the global energy sector.
We share the results of our management regarding sustainable development through Sustainability Reports, following the criteria of the Global Reporting Iniciative (GRI)
Sustainability Report 2018
Sustainability Report 2017
Pampa holds constant dialogue and active participation in different chambers, associations and initiatives, allowing us to contribute in strengthening sustainable development and get involved in topics that matters to our Company and stakeholders:
- Argentinos por la Educación
- Asociación de Generadoras de Energía Eléctrica (AGEERA)
- Bolsas Y Mercados Argentinos SA (BYMA)
- Cámara Argentina de la Industria Plástica (CAIP)
- Cámara de Comercio, Industria y Servicios de San Lorenzo y su zona
- Cámara de Empresas Productoras de Hidrocarburos (CEPH)
- Cámara de la Industria Química y Petroquímica (CIQyP)
- Club De Empresas comprometidas con la inclusión (Bahía Blanca)
- Comité Interindustrial de Conservación del Ambiente Campana-Zárate (CICACZ)
- Consejo Empresario Argentino para el Desarrollo Sostenible (CEADS)
- EXCELENCIA - Innovación y competitividad
- Fundación Salta
- Global Pact of United Nations
- Grupo de Fundaciones y Empresas (GDFE)
- Instituto Argentino del Petróleo y del Gas (IAPG)
- Instituto Argentino de Normalización y Certificación (IRAM)
- Norte Sustentable (Salta)
- Red por la Educación Mendoza
- Sociedad Argentina Pro Mejoramiento Continuo (SAMECO)
- Unión Industrial de Bahía Blanca
- Unión Industrial de Salta
- VALOS (Mendoza)
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Our Health, Safety, Quality and Environmental Policy reflects our commitment regarding social responsibility, ethical behavior and law compliance, promoting an adequate and proactive attitude towards development, implementation, maintenance, management and business performance.
HSQE Policy is implemented through 10 guidelines that:
- Show the correct path for sustainable development in businesses
- Encourage good practices that are internationally known
- Promote the implementation of HSQE Policy
- Integrate the management system of HSQE in the Company
In addition to our HSQE 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.
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.