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 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 27 is higher than 96% 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 75,600,000,000 kg CO2e. This figure includes Scope 1 emissions of about 14,400,000,000 kg CO2e, which consist of stationary combustion and fugitive emissions, and Scope 2 emissions of around 400,000,000 kg CO2e. The company’s Scope 3 emissions were significant, totalling approximately 60,800,000,000 kg CO2e, primarily driven by the use of sold products, which accounted for about 311,200,000,000 kg CO2e. In 2022, Repsol's total emissions were approximately 86,700,000,000 kg CO2e, indicating a reduction in emissions in 2023. The company has not disclosed specific reduction targets or initiatives as part of its climate commitments, which suggests a need for further transparency in its sustainability strategy. Repsol's carbon intensity metrics indicate a focus on reducing emissions per unit of energy produced, with a carbon intensity of about 0.015 kg CO2e/MJ for electricity in 2025. The company is also monitoring methane emissions intensity, which was reported at approximately 0.0015% in 2023. Overall, while Repsol has made strides in reducing its emissions, the absence of defined reduction targets highlights an area for potential improvement in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | - | 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 |
Scope 3 | 87,824,083,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 committed to some reduction initiatives 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.