Repsol

Repsol, headquartered in Spain and operating in the Electricity by petroleum and other oil derivatives sector, reported total emissions of approximately 203.1 billion kg CO2e in 2025. This includes about 13.5 billion kg CO2e from Scope 1 emissions, approximately 400 million kg CO2e from Scope 2 (market-based) emissions, and around 189.3 billion kg CO2e from Scope 3 emissions. In 2024, total emissions were approximately 209.9 billion kg CO2e. For 2023, the company's total emissions were about 214.9 billion kg CO2e, with Scope 1 emissions at approximately 14.4 billion kg CO2e, Scope 2 (market-based) at around 400 million kg CO2e, and Scope 3 at about 198.9 billion kg CO2e. Looking further back, 2022 saw total emissions of approximately 86.7 billion kg CO2e, which included roughly 15.8 billion kg CO2e of Scope 1 emissions, around 600 million kg CO2e of Scope 2 (market-based) emissions, and approximately 70.4 billion kg CO2e of Scope 3 emissions.

Repsol is committed to achieving net-zero emissions by 2050, covering all Scope 1, 2, and 3 emissions across its value chain. As part of its near-term goals, Repsol aims to reduce Scope 1 and 2 emissions from operated assets by 55% by 2030, compared to a 2016 baseline. Additionally, the company has a target to reduce absolute Scope 1, 2, and 3 GHG emissions by 20% by 2030, using a 2018 baseline. This includes an estimated contribution of a 5% reduction in Scopes 1 and 2 and a 15% reduction in Scope 3. Repsol also has a goal to reduce CO2 equivalent emissions from routine gas flaring by 50% by 2025 for its E&P operated assets, referencing a 2018 baseline.