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 48 is higher than 71% 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 16,980,100 kg CO2e. This includes Scope 1 emissions of about 148,165,000 kg CO2e, Scope 2 emissions of approximately 284,509,000 kg CO2e, and significant Scope 3 emissions totalling around 9,630,879,000 kg CO2e. The company 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. In 2023, Copec's total emissions were about 16,689,500 kg CO2e, with Scope 1 at approximately 140,548,000 kg CO2e, Scope 2 at around 300,892,000 kg CO2e, and Scope 3 emissions at about 2,977,824,000 kg CO2e. The company has also committed to reducing its Scope 2 carbon footprint in Colombia by 10% by 2025, relative to 2020 levels. Copec's climate strategy is cascaded from its parent company, Empresas Copec S.A., which oversees the overall emissions data and reduction initiatives. The company is actively implementing a Carbon Footprint Management Plan, which includes projects such as the installation of solar panels at service stations, contributing to its sustainability goals. Overall, Copec is focused on achieving net-zero emissions by 2050, with a comprehensive approach that includes both immediate and long-term reduction targets across all scopes of emissions.
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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 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 53,543,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| 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.
