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.
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.
The identified SDGs are mainly associated with:
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:
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:
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
Commitment with Initiatives and External Associations
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:
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:
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.