Repsol Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Repsol's score of 73 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Repsol's reported carbon emissions
In 2024, Repsol reported total carbon emissions of approximately 209.9 billion kg CO2e, comprising 13.7 billion kg CO2e from Scope 1, 300 million kg CO2e from Scope 2, and about 195.9 billion kg CO2e from Scope 3 emissions. In 2023, the total emissions were approximately 213.7 billion kg CO2e, with Scope 1 emissions at 14.4 billion kg CO2e, Scope 2 at 400 million kg CO2e, and Scope 3 at about 198.9 billion kg CO2e. Repsol has set ambitious climate commitments, aiming for a 55% reduction in Scope 1 and 2 emissions by 2030 compared to 2016 levels. This target was established in 2021 and is part of their broader strategy to achieve net-zero emissions by 2050 across all scopes. Additionally, Repsol has committed to reducing methane intensity to 0.20% by 2025 for its operated assets in exploration and production. The company has also initiated plans to further reduce emissions, targeting a reduction of 1.5 million tonnes of CO2 by 2025. Furthermore, Repsol aims to cut CO2 equivalent emissions from routine gas flaring by 50% by 2025, using 2018 as the baseline. Repsol's climate strategy is aligned with global efforts to limit temperature rise to below 2ºC above pre-industrial levels, demonstrating their commitment to sustainability and responsible energy production.
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| 2012 | 2013 | 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 14,100,000,000 | 00,000,000,000 | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 8,720,000,000 | 0,000,000,000 | 0,000,000,000 | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Repsol's Industry?
How Carbon Intensive is Repsol's Location?
Repsol's Scope 3 Categories Breakdown
Repsol's Scope 3 emissions, which decreased by 2% last year and increased significantly since 2012, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 91% of Scope 3 emissions.
Top Scope 3 Categories
Repsol's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Repsol has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
