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Dic-21-2023

Petroperú advances in sustainability management with ESG criteria

State company publishes first report on financial risks related to climate change.
Petroperú advances in sustainability management with ESG criteria

Petroperú released its first TCFD (Working Group on Climate-related Financial Disclosures) report for the year 2023, about the financial risks related to climate change that could influence its operations in the medium long term.

This report includes the results of the analysis carried out by the financial services company S&P Global Market Intelligence LLC, a leader in sustainability solutions, which has also been strengthened with recommendations from other related international standards and that have been applied by companies in the global reach.

It establishes a baseline that will complement and contribute to the updating and optimization of its performance, not only economic, but also environmental, social and corporate governance within the framework of the current ESG criteria, becoming an important step for Petroperú, considering that it is It is increasingly a priority for financial markets to quantify risk in order to support efficient and informed capital allocation decisions through specialized, precise and timely reports.

The TCFD report is complemented with other business tools that Petroperú has, such as the GRI Sustainability Reports, updating and reinforcing its management on sustainable development issues, and allowing the making of better financial and market decisions, both for the company as well as for potential investors, which allow it to continue operating in a context that becomes adverse due to the effects of climate change.