Cepsa

Cepsa, headquartered in Spain and operating in the Non-specified Petroleum Products industry, reported approximately 58 billion kg CO2e in total greenhouse gas emissions for 2023. This includes Scope 1 emissions of about 4.7 billion kg CO2e, Scope 2 emissions of approximately 200 million kg CO2e (market-based), and Scope 3 emissions totalling around 58 billion kg CO2e. The largest contributor to Scope 3 emissions was the use of sold products, accounting for about 51.6 billion kg CO2e.

In 2022, Cepsa's total emissions were approximately 62.2 billion kg CO2e, with Scope 1 emissions at roughly 5.3 billion kg CO2e, Scope 2 emissions at about 200 million kg CO2e (market-based), and Scope 3 emissions at approximately 62.2 billion kg CO2e.

Cepsa has set several climate commitments. The company aims to reduce its Scope 1 and 2 CO2e emissions by 55% by 2030, compared to a 2019 baseline, to lower the carbon footprint of its industrial operations. Additionally, Cepsa is committed to reducing the carbon intensity of the energy sold, encompassing Scope 1 and 2 emissions from production and Scope 3 emissions from use, by 15% to 20% by 2030, also against a 2019 baseline.

This emissions data and reduction targets are cascaded from its parent company, Moeve.