Compania De Petroleos De Chile Copec S A

Compania De Petroleos De Chile Copec S A, headquartered in CL and operating in the transmission services of electricity sector, reported a total of approximately 12.7 billion kg CO2e for the fiscal year 2024. This total encompasses Scope 1 emissions of approximately 1.8 billion kg CO2e, Scope 2 emissions of approximately 341.5 million kg CO2e, and Scope 3 emissions of approximately 9.6 billion kg CO2e.

For the fiscal year 2025, the company has reported Scope 3 emissions only, amounting to approximately 31.3 billion kg CO2e. This figure includes substantial contributions from purchased goods and services (approximately 2 billion kg CO2e), upstream transportation and distribution (approximately 6 billion kg CO2e), and the use of sold products (approximately 23.2 billion kg CO2e).

Looking at historical data, in 2023, Compania De Petroleos De Chile Copec S A's total emissions were approximately 5.0 billion kg CO2e, comprising Scope 1 emissions of about 1.7 billion kg CO2e and Scope 2 emissions of approximately 346.1 million kg CO2e. Scope 3 emissions for 2023 totalled approximately 3.0 billion kg CO2e.

In 2022, the company's total emissions were approximately 5.7 billion kg CO2e, with Scope 1 at approximately 1.3 billion kg CO2e, Scope 2 at approximately 398.8 million kg CO2e, and Scope 3 at approximately 3.9 billion kg CO2e.

Earlier reporting shows total emissions of approximately 4.3 billion kg CO2e in 2021 (Scope 1: 1.3 billion kg CO2e, Scope 2: 437.3 million kg CO2e, Scope 3: 2.5 billion kg CO2e), and approximately 4.4 billion kg CO2e in 2020 (Scope 1: 1.4 billion kg CO2e, Scope 2: 481.6 million kg CO2e, Scope 3: 2.5 billion kg CO2e).

Compania De Petroleos De Chile Copec S A has set several reduction targets. By 2050, the company aims to achieve Net Zero for Greenhouse Gases (GHGs) through a science-based plan. Additionally, there are commitments for carbon neutrality in Scope 1 and 2 by 2030. Specific subsidiaries also have targets: Terpel aims to reduce its Scope 2 carbon footprint in Colombia by 10% by 2025 compared to 2020. Arcoprime plans to achieve carbon neutrality in its Scope 1 and 2 emissions by 2030 and reduce its Scope 3 carbon footprint by 21% in 2026. Orizon Seafood seeks to reduce its corporate carbon footprint of Scope 1 and 2 by 40% by 2026, using 2020 as the baseline. Arauco has committed to reducing 1 million tonnes of CO2e by 2030 compared to 2019.

This data is cascaded from Empresas Copec S.A., where Compania De Petroleos De Chile Copec S A is a current subsidiary at cascade level 2.