Compania De Petroleos De Chile Copec S A

Compania De Petroleos De Chile Copec S A's reported carbon emissions

Empresas Copec S.A., headquartered in Chile and operating within the electricity transmission services sector, reported substantial greenhouse gas emissions across its operations. In 2024, the company recorded approximately 1.81 billion kg CO2e for Scope 1 emissions and around 341.5 million kg CO2e for Scope 2 emissions. The total Scope 3 emissions for 2024 were approximately 9.63 billion kg CO2e. This brings the total reported emissions for 2024 to approximately 11.79 billion kg CO2e. In the preceding year, 2023, Empresas Copec S.A. reported Scope 1 emissions of approximately 1.69 billion kg CO2e and Scope 2 emissions of around 346.1 million kg CO2e, with Scope 3 emissions totalling approximately 2.98 billion kg CO2e. The company has established several climate commitments. Notably, Empresas Copec aims to achieve Net Zero greenhouse gas emissions by 2050, supported by a science-based plan that includes natural climate solutions. As part of its near-term strategy, there's a commitment to carbon neutrality in Scopes 1 and 2 by 2030. Specific subsidiaries also have targets; for instance, Arcoprime aims for carbon neutrality in Scopes 1 and 2 by 2030 and a 21% reduction in Scope 3 by 2026. Orizon Seafood is working towards a 40% reduction in its Scopes 1 and 2 carbon footprint by 2026, using 2020 as a baseline. Terpel has committed to a 10% reduction in its Scope 2 carbon footprint in Colombia by 2025 compared to 2020 levels. Emissions data for Empresas Copec S.A. is cascaded from its parent company, Empresas Copec S.A., indicating that the reported figures reflect the performance of the parent entity.