Compania De Petroleos De Chile Copec S A Sustainability Profile
Compania De Petroleos De Chile Copec S.A., commonly known as Copec, is a leading player in the energy sector, headquartered in Santiago, Chile. Founded in 1934, Copec has established itself as a prominent provider of fuel and energy solutions, primarily operating across Chile and extending its reach into Peru and Colombia. The company is renowned for its extensive network of service stations and its commitment to delivering high-quality petroleum products, including gasoline, diesel, and lubricants. Copec's innovative approach to sustainability and customer service has positioned it as a market leader, consistently achieving notable milestones in operational efficiency and environmental responsibility. With a strong focus on growth and diversification, Copec continues to shape the energy landscape in South America.
DitchCarbon Score
How does Compania De Petroleos De Chile Copec S A'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 Electricity Transmission 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
Compania De Petroleos De Chile Copec S A's score of 54 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Compania De Petroleos De Chile Copec S A's reported carbon emissions
In 2024, Compania De Petroleos De Chile Copec S.A. reported total carbon emissions of approximately 18,110,390,000 kg CO2e. This includes Scope 1 emissions of about 1,811,039,000 kg CO2e, Scope 2 emissions of around 341,500,000 kg CO2e, and significant Scope 3 emissions totalling approximately 9,630,879,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, with a target to achieve carbon neutrality in its Scope 1 and 2 emissions by 2030, aiming for a 40% reduction compared to a business-as-usual scenario. In 2023, Copec's emissions were slightly lower, with Scope 1 at about 1,691,713,000 kg CO2e, Scope 2 at approximately 346,102,000 kg CO2e, and Scope 3 emissions at around 2,977,824,000 kg CO2e. The company has set ambitious goals, including a 10% reduction in Scope 2 emissions in Colombia by 2025, based on 2020 levels. Copec's climate commitments are part of a broader strategy inherited from its parent company, Empresas Copec S.A., which has established a long-term goal of achieving net-zero emissions by 2050. This plan includes implementing natural climate solutions and other initiatives to address greenhouse gas emissions across all scopes. The company's efforts reflect a proactive approach to climate change, aligning with industry standards and expectations for sustainability.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 627,491,000 | 00,000,000 | 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 | 53,543,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 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 |
How Carbon Intensive is Compania De Petroleos De Chile Copec S A's Industry?
How Carbon Intensive is Compania De Petroleos De Chile Copec S A's Location?
Compania De Petroleos De Chile Copec S A's Scope 3 Categories Breakdown
Compania De Petroleos De Chile Copec S A's Scope 3 emissions, which increased by 223% last year and increased by approximately 240% since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 20% of Scope 3 emissions.
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Compania De Petroleos De Chile Copec S A's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Compania De Petroleos De Chile Copec S A has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
