Compania De Petroleos De Chile Copec S A
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 51 is higher than 68% 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 significant carbon emissions, totalling approximately 18,110,390,000 kg CO2e across all scopes. This includes 1,811,039,000 kg CO2e from Scope 1, 341,500,000 kg CO2e from Scope 2, and a substantial 9,630,879,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw emissions of about 16,917,130,000 kg CO2e, with Scope 1 at 1,691,713,000 kg CO2e, Scope 2 at 346,102,000 kg CO2e, and Scope 3 at 2,977,824,000 kg CO2e. Copec has set ambitious climate commitments, aiming for carbon neutrality in its Scope 1 and 2 emissions by 2030, with a target to reduce these emissions by 40% compared to a business-as-usual scenario. Additionally, the company is working towards a 21% reduction in Scope 3 emissions by 2026. These initiatives 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. The company's efforts include implementing a Carbon Footprint Management Plan and ensuring that all service stations have been carbon neutral since 2021. Copec's commitment to sustainability reflects its recognition of the urgent need to address climate change and reduce its environmental impact.
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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 |
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.
Compania De Petroleos De Chile Copec S A is not participating in any 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.
