Ditchcarbon
  • Customers
  1. Organizations
  2. Cepsa
Public Profile
Petroleum Products
ES
updated 9 days ago

Cepsa

Company website

Cepsa, officially known as Compañía Española de Petróleos, S.A.U., is a leading integrated energy company headquartered in Madrid, Spain. Founded in 1929, Cepsa has established a strong presence in the oil and gas industry, with significant operations across Europe, North Africa, and the Americas. The company is renowned for its diverse portfolio, which includes exploration and production, refining, and marketing of petroleum products, as well as renewable energy initiatives. Cepsa's commitment to innovation and sustainability sets it apart in the competitive energy sector. With a focus on high-quality fuels and lubricants, the company has achieved notable milestones, including advancements in cleaner energy solutions. As a key player in the market, Cepsa continues to enhance its position through strategic partnerships and a dedication to environmental responsibility.

DitchCarbon Score

How does Cepsa'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.

51

Industry Average

Mean score of companies in the Petroleum Products 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.

26

Industry Benchmark

Cepsa's score of 51 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Let us know if this data was useful to you

Cepsa's reported carbon emissions

In 2023, Cepsa reported total carbon emissions of approximately 63.8 million tonnes CO2e, comprising 4.7 billion kg CO2e from Scope 1, 200 million kg CO2e from Scope 2, and about 58 billion kg CO2e from Scope 3 emissions. The Scope 3 emissions were primarily driven by the use of sold products, accounting for approximately 51.6 billion kg CO2e. In comparison, the previous year, 2022, Cepsa's total emissions were about 62.2 million tonnes CO2e, with 5.3 billion kg CO2e from Scope 1, 200 million kg CO2e from Scope 2, and around 62.2 billion kg CO2e from Scope 3. Cepsa's emissions data is cascaded from its parent company, Moeve, which is responsible for the overall corporate family relationship. Despite the significant emissions figures, there are currently no specific reduction targets or climate pledges disclosed by Cepsa. The company has not outlined any initiatives under the Science Based Targets initiative (SBTi) or other reduction frameworks. Cepsa's commitment to addressing climate change is evident through its comprehensive emissions reporting across all scopes, but further details on specific reduction strategies or targets are not available at this time.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2010201120122013201420152017201820192020202120222023
Scope 1
5,944,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
-
0,000,000,000
-
-
0,000,000,000
0,000,000,000
Scope 2
-
-
-
000,000,000
000,000,000
000,000,000
000,000,000
-
000,000,000
-
-
000,000,000
000,000,000
Scope 3
-
-
-
000,000,000
000,000,000
000,000,000
-
-
00,000,000,000
-
-
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cepsa's primary industry is Non-specified Petroleum Products, which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Cepsa is in ES, which has a low grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Chemoil Corporation

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 14 days ago

Petkim

TR
•
Chemicals nec
Updated 14 days ago

UGI Corporation

US
•
Gas/Diesel Oil
Updated about 13 hours ago

Exxonmobil

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 4 days ago

Borealis

AT
•
Chemicals nec
Updated 4 days ago

BP Marine Limited

GB
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 14 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v250808.10
enquiries@ditchcarbon.com+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
Verified byUL Verified
Partnered withCDP
ProductPortalDataDocumentationIntegrationsChangelogPricing
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesMethodologyBlogFAQOrganizationsIndustriesSBTI APITrust Centre
AboutTeamCareersLicense AgreementPrivacy