Repsol
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 44 is higher than 94% 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 2023, Repsol reported total carbon emissions of approximately 105,500,000 kg CO2e, comprising 14,400,000 kg CO2e from Scope 1, 400,000 kg CO2e from Scope 2, and 60,800,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce emissions from its operated assets by 55% by 2030, compared to 2016 levels, for both Scope 1 and Scope 2 emissions. Furthermore, Repsol aims to achieve net zero emissions by 2050, encompassing all emissions from production to the final consumption of its energy products. This commitment reflects Repsol's proactive approach to addressing climate change and reducing its carbon footprint in the energy sector.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
