Cepsa

Cepsa, a Non-specified Petroleum Products company headquartered in ES, reported approximately 58 billion kg CO2e in total gross global emissions for 2023. This includes about 4.7 billion kg CO2e from Scope 1 emissions, 200 million kg CO2e from Scope 2 market-based emissions (500 million kg CO2e location-based), and approximately 58 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions were Use of Sold Products (approximately 51.6 billion kg CO2e), Purchased Goods and Services (approximately 4.4 billion kg CO2e), and Upstream Transportation and Distribution (approximately 1 billion kg CO2e). In 2022, the company's total gross global emissions were approximately 62.2 billion kg CO2e, comprising about 5.3 billion kg CO2e from Scope 1, 200 million kg CO2e from Scope 2 market-based emissions, and approximately 62.2 billion kg CO2e from Scope 3.

Cepsa has committed to reducing its Scope 1 and 2 CO2e emissions by 55% by 2030, compared to a 2019 baseline. This target aims to lower the carbon footprint of its industrial operations. This reduction target is inherited from its parent company, Moeve.