In 2024, Empresas Copec completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Empresas Copec has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Empresas Copec amounted to 2,181,562 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Empresas Copec decreased by 9.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Empresas Copec were 1,838,175 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Empresas Copec's Scope 1 emissions have increased by 30.97%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Empresas Copec's Scope 1 emissions decreased by 12.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Empresas Copec reported Scope 2 greenhouse gas (GHG) emissions of 343,387 tCO₂e without specifying the calculation method. a
Since 2020, Empresas Copec's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 28.7%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Empresas Copec's Scope 2 emissions (Unspecified Calculation Method) rose by 11.09% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
In 2024, Empresas Copec reported its Scope 2 emissions using an unspecified methodology. a
In 2024, Empresas Copec reported 9,744,533 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Empresas Copec includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2024, Empresas Copec reported total Scope 3 emissions of 9,744,533 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 90.73% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.27% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2020, Empresas Copec's Scope 3 emissions have increased by 288.61%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Empresas Copec's Scope 3 emissions increased by 149.66%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, Empresas Copec reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Empresas Copec's Scope 3 emissions were: a
In 2024, Empresas Copec reported Scope 1 greenhouse gas (GHG) emissions of 1,838,175 tCO₂e and total revenues of USD 27.11 million millions. This translates into an emissions intensity of 0.07 tCO₂e per millions USD. a
In 2024, Empresas Copec reported a Scope 1 emissions intensity of 0.07 tCO₂e per millions USD. Compared to the peer group median of 22.21 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Empresas Copec ranked 1 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Empresas Copec among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, Empresas Copec reported a total carbon footprint of 11,926,095 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 88.99% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Empresas Copec's total carbon footprint was Scope 3 emissions, accounting for 81.71% of the company's total carbon footprint, followed by Scope 1 emissions at 15.41%. a