The Work Index by Flexa

PEMEX

PEMEX is Mexico's state-owned oil and gas company, responsible for exploring, producing, refining, and distributing petroleum products.

https://www.pemex.com/en/Paginas/default.aspx
4.3

/10

Transparency ranking

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Description

PEMEX is a Mexican state-owned oil and gas company that plays a vital role in the country's energy sector. It is responsible for exploring, producing, refining, and distributing oil and gas products within Mexico and internationally. PEMEX is a major contributor to the Mexican economy, providing employment and revenue for the nation. It has a long history dating back to the 1930s and has undergone significant transformations in recent years to address challenges and enhance its operations.

PEMEX is committed to sustainability and environmental responsibility, evidenced by its initiatives to reduce its environmental footprint and promote responsible energy practices. The company is also focused on improving transparency and corporate governance, with a strong emphasis on ethical conduct and accountability. PEMEX is actively working to improve its financial performance and profitability while also pursuing new technological advancements to optimize its operations and enhance its competitiveness in the global energy market.

Mission

PEMEX, the Mexican state-owned oil company, is committed to promoting and strengthening the sustainability and profitability of its operations in the oil and gas industry for the benefit of Mexico. The company aims to increase its oil and gas production, improve efficiency, and ensure the responsible management of its resources.

Sustainability

Culture

PEMEX promotes a culture of transparency, ethical conduct, and social responsibility. The company emphasizes the importance of integrity, honesty, and accountability in all its operations, as evidenced by its commitment to upholding ethical standards and fostering a work environment free from discrimination and harassment. PEMEX further strives to strengthen its environmental, social, and corporate governance strategy, demonstrating a focus on sustainable practices and contributing to the betterment of Mexico's interests.

DE&I

PEMEX emphasizes a commitment to promoting ethical values and fostering a culture of transparency throughout the organization, including its relationships with customers, partners, and suppliers. This commitment extends to the promotion of diversity, equity, and inclusion within the company, as evidenced by its focus on ethical conduct, anti-corruption measures, and a dedicated Ethics Line for reporting concerns.

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