CEPSA Holding LLC
CEPSA Holding LLC, a prominent player in the energy sector, is headquartered in the United Arab Emirates (AE) and operates extensively across the Middle East and North Africa. Founded in 1929, CEPSA has established itself as a leader in oil and gas exploration, refining, and distribution, with a strong commitment to innovation and sustainability. The company offers a diverse range of products and services, including petrochemicals, lubricants, and renewable energy solutions, setting itself apart through its focus on cutting-edge technology and environmental responsibility. CEPSA's strategic initiatives have positioned it as a key contributor to the region's energy landscape, earning recognition for its operational excellence and commitment to sustainable practices. With a rich history and a forward-thinking approach, CEPSA Holding LLC continues to shape the future of the energy industry.
DitchCarbon Score
How does CEPSA Holding LLC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
CEPSA Holding LLC's score of 37 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CEPSA Holding LLC's reported carbon emissions
In 2024, CEPSA Holding LLC reported total carbon emissions of approximately 71,900,000,000 kg CO2e, with emissions distributed across various scopes: 4,800,000,000 kg CO2e from Scope 1, 200,000,000 kg CO2e from Scope 2, and 71,900,000,000 kg CO2e from Scope 3. The Scope 3 emissions included significant contributions from the use of sold products (53,000,000,000 kg CO2e) and purchased goods and services (16,700,000,000 kg CO2e). In comparison, the 2023 emissions data indicated a total of approximately 69,200,000,000 kg CO2e, with Scope 1 emissions at 4,700,000,000 kg CO2e and Scope 2 emissions remaining consistent at 200,000,000 kg CO2e. This reflects a slight increase in overall emissions year-on-year. CEPSA Holding LLC has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 CO2e emissions by 55% by 2030, compared to 2019 levels. This target is part of their strategy to decrease the carbon footprint of their industrial operations. Additionally, the company has committed to achieving Net Zero emissions across all scopes before 2050. The emissions data and reduction targets are not cascaded from any parent organization, indicating that CEPSA Holding LLC is independently reporting its performance and commitments.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 4,700,000,000 | 0,000,000,000 |
| Scope 2 | 200,000,000 | 000,000,000 |
| Scope 3 | 69,200,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
CEPSA Holding LLC is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
