Terpel Sustainability Profile
Terpel, officially known as Terpel S.A., is a prominent player in the fuel distribution and retail industry, headquartered in Colombia. Established in 1976, the company has grown significantly, expanding its operations across various regions in Latin America, particularly in Colombia and Ecuador. Specialising in the distribution of fuels, lubricants, and other energy solutions, Terpel is recognised for its commitment to quality and innovation. The company offers a diverse range of products, including gasoline, diesel, and alternative fuels, setting itself apart with a focus on sustainability and customer service. With a strong market position, Terpel has achieved notable milestones, including the development of a robust network of service stations and strategic partnerships that enhance its service offerings. As a leader in the energy sector, Terpel continues to drive advancements in fuel technology and environmental responsibility.
DitchCarbon Score
How does Terpel'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 Gasoline Jef Fuel 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
Terpel's score of 49 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Terpel's reported carbon emissions
In 2023, Terpel reported total carbon emissions of approximately 92,604,200 kg CO2e, comprising 55,610,900 kg CO2e from Scope 1, 7,985,800 kg CO2e from Scope 2, and 29,007,400 kg CO2e from Scope 3 emissions. This represents a significant decrease from 2022, where total emissions were about 106,460,160 kg CO2e, with Scope 1 at 3,089,100 kg CO2e, Scope 2 at 9,760,330 kg CO2e, and Scope 3 at 93,610,640 kg CO2e. Terpel has set ambitious climate commitments, aiming for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. Additionally, the company plans to reduce its greenhouse gas emissions by 50% from a 2019 baseline by 2030 for both Scope 1 and Scope 2 emissions. These targets are part of a long-term strategy to mitigate climate impact and align with global sustainability goals. The emissions data is cascaded from the parent company, Organización Terpel S.A., reflecting the company's commitment to transparency and accountability in its environmental performance.
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| 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,394,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 25,896,000 | 00,000,000 | 00,000,000 | 0,000,000 | - | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 30,847,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Terpel's Industry?
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Terpel'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.
Terpel has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
