Cepsa
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.
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.
Industry Benchmark
Cepsa's score of 52 is higher than 94% 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's reported carbon emissions
In 2024, Cepsa reported total carbon emissions of approximately 71,900,000,000 kg CO2e, with emissions distributed across various scopes: 4,800,000,000 kg CO2e (Scope 1), 200,000,000 kg CO2e (Scope 2), and 71,900,000,000 kg CO2e (Scope 3). The Scope 3 emissions include 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). Cepsa 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 a broader strategy to decrease the carbon footprint of its industrial operations. Additionally, the company has committed to achieving Net Zero emissions across all scopes before 2050. The emissions data for Cepsa is cascaded from its parent company, Moeve, reflecting a corporate family relationship. This data is crucial for understanding Cepsa's environmental impact and its commitment to sustainability within the energy sector.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
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 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.
