Repsol S.A., a leading global energy company headquartered in Madrid, Spain, operates extensively across Europe, Latin America, and North Africa. Founded in 1987, Repsol has evolved into a key player in the oil and gas industry, focusing on exploration, production, refining, and distribution of hydrocarbons. The company is renowned for its commitment to innovation and sustainability, offering a diverse range of products and services, including fuels, lubricants, and renewable energy solutions. Repsol's unique approach to integrating traditional energy sources with renewable initiatives positions it as a forward-thinking leader in the energy transition. With a strong market presence and notable achievements, Repsol continues to drive advancements in energy efficiency and environmental stewardship, solidifying its reputation as a responsible energy provider.
How does Repsol'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.
Mean score of companies in the Petroleum Electricity 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.
Repsol's score of 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Repsol reported total carbon emissions of approximately 72,300,000 kg CO2e, with Scope 1 emissions at about 14,400,000,000 kg CO2e, Scope 2 emissions at 400,000,000 kg CO2e, and Scope 3 emissions at approximately 60,800,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve net-zero emissions by 2050 across all scopes, including Scope 1, 2, and 3 emissions. Repsol's near-term targets include a significant reduction of Scope 1 and 2 emissions by 55% by 2030, compared to 2016 levels. Additionally, the company aims to reach a methane intensity of 0.20% by 2025 for its operated assets in exploration and production, representing an 85.67% reduction from previous levels. The company has also committed to reducing CO2 equivalent emissions from routine gas flaring by 50% by 2025, using 2018 as the baseline. These initiatives reflect Repsol's proactive approach to addressing climate change and its alignment with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 13,800,000,000 | 00,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000 |
Scope 2 | 1,170,000,000 | 000 | - | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000 |
Scope 3 | 12,286,000,000 | - | 0,000,000 | 0,000,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000 | 00,000 | - |
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.
Repsol is participating in some 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.