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OrganisationsCepsa
Cepsa logo

Cepsa

Petroleum ProductsSpain
Last verified 1 month agocepsa.com

Cepsa, officially known as Compañía Española de Petróleos, S.A.U., is a prominent player in the non-specified petroleum products industry, headquartered in Madrid, Spain. Founded in 1929, Cepsa has evolved into a leading integrated energy company, with significant operations across Europe, the Americas, and Africa.

The company focuses on refining, distribution, and marketing of petroleum products, alongside a growing commitment to renewable energy solutions. Cepsa's unique approach combines advanced technology with sustainable practices, positioning it as a forward-thinking entity in the energy sector.

With a strong market presence, Cepsa has achieved notable milestones, including strategic partnerships and innovations in cleaner energy. Its dedication to quality and sustainability continues to enhance its reputation as a reliable supplier in the global energy landscape.

31
DitchCarbon score

+21 vs industry average

Cepsa’s score of 31 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Petroleum Products is among the most carbon-intensive industries

Industry performance

0.638
20182025

The Petroleum Products industry has reduced its overall emissions by 27% since 2018

Emissions trajectory 2020 – 2026

00B00.0B00B00.0B0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Cepsa's reported carbon emissions

Cepsa's Carbon Emissions and Climate Commitments

Cepsa, an energy company headquartered in Spain, is actively engaged in reducing its environmental impact. In 2023, the company reported total carbon emissions of approximately 58 billion kg CO2e. This figure comprises Scope 1 emissions of about 4.7 billion kg CO2e and Scope 2 emissions of approximately 200 million kg CO2e (market-based). Scope 3 emissions were also substantial, estimated at around 58 billion kg CO2e, with the use of sold products being a significant contributor.

Looking back, Cepsa's total emissions in 2022 were approximately 62.2 billion kg CO2e, with Scope 1 emissions at about 5.3 billion kg CO2e and Scope 2 at approximately 200 million kg CO2e (market-based). Prior to this, in 2021, Scope 1 and 2 emissions totalled approximately 5.6 billion kg CO2e.

Cepsa has set ambitious climate targets. Notably, it aims to reduce its Scope 1 and 2 CO2eq emissions by 55% by 2030, using 2019 as the baseline year. This commitment is intended to lower the carbon footprint of its industrial operations.

The emissions data for Cepsa is cascaded from its parent company, Moeve. Cepsa's climate initiatives and performance data are therefore inherited from Moeve.

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Cepsa’s Climate Goals (2030 & 2050)

1 goal

2030

55% reduction in all scopes

• Reduce Scope 1 and 2 CO₂eq emissions by 55% by 2030 compared to 2019, thereby lowering the carbon footprint of our industrial operations

Insufficient data55%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 1 climate goals

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Scope 3 top emissions categories

5 of 15 categories disclosed
Use of Sold Products89%
Purchased Goods & Services8%
Upstream Transportation & Distribution2%
Downstream Transportation & Distribution1%
Fuel & Energy Activities1%
Use of Sold Products89%
Purchased Goods & Services8%
Upstream Transportation & Distribution2%
Downstream Transportation & Distribution1%
Fuel & Energy Activities1%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Cepsa logoCepsa
ESPetroleum Products
1 month ago
31
Repsol logoRepsol
ESPetroleum Electricity
1 day ago
75
View
Repsol International Finance B.V. logoRepsol International Finance B.V.
NLFinancial Intermediation
11 days ago
65
View
R
Repsol Lubricantes Y Especialidades SA
ESChemicals
1 day ago
49
View
R
Repsol Electricidad y Gas, S.A.
ES-
11 days ago
45
View
R
Repsol Butano, S.A.
ESCrude Oil Extraction
1 day ago
45
View
R
Repsol Comercial de Productos Petrolíferos, S.A.
ESCrude Oil Extraction
1 day ago
45
View

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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
data come from?

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Ditchcarbonv260720.3
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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