Repsol S.A., a leading global energy company headquartered in Madrid, Spain, operates extensively across Europe, Latin America, and North Africa. Founded in 1987, Repsol has evolved into a key player in the oil and gas industry, focusing on exploration, production, refining, and distribution of hydrocarbons. The company is renowned for its commitment to innovation and sustainability, offering a diverse range of products and services, including fuels, lubricants, and renewable energy solutions. Repsol's unique approach to integrating traditional energy sources with renewable initiatives positions it as a forward-thinking leader in the energy transition. With a strong market presence and notable achievements, Repsol continues to drive advancements in energy efficiency and environmental stewardship, solidifying its reputation as a responsible energy provider.
How does Repsol'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.
Mean score of companies in the Petroleum Electricity 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.
Repsol's score of 44 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Repsol reported total carbon emissions of approximately 105,500 kg CO2e, comprising 14,400 kg CO2e from Scope 1, 400 kg CO2e from Scope 2, and 60,800 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 55% reduction in emissions from operated assets by 2030 compared to 2016 levels. This target applies to both Scope 1 and Scope 2 emissions. Furthermore, Repsol is committed to achieving net zero emissions by 2050, encompassing all emissions from production to final consumption of the energy produced. These initiatives reflect Repsol's dedication to addressing climate change and reducing its carbon footprint in the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 22,400 | - | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | 500 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 |
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.
Repsol is participating in some 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.