Empresas Copec SA
Empresas Copec's GHG Emissions Data Preview
In 2023, 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 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Empresas Copec’s Greenhouse Gas (GHG) Emissions Data
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Insights into Empresas Copec's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Empresas Copec amounted to 2,037,815 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 2022, the total operational greenhouse gas (GHG) emissions of Empresas Copec increased by 21.45%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Empresas Copec's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Empresas Copec's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Empresas Copec were 1,691,713 metric tons of CO₂ equivalent (tCO₂e). a
Has Empresas Copec reduced its Scope 1 emissions over time?
Since 2020, Empresas Copec's Scope 1 emissions have increased by 20.53%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Empresas Copec's Scope 1 emissions increased by 29.39%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Empresas Copec's Scope 2 emissions?
In 2023, Empresas Copec reported Scope 2 greenhouse gas (GHG) emissions of 346,102 tCO₂e without specifying the calculation method. a
Has Empresas Copec reduced its Scope 2 emissions over time?
Since 2020, Empresas Copec's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 28.14%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Empresas Copec's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Empresas Copec 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Empresas Copec use for Scope 2 reporting?
In 2023, Empresas Copec reported its Scope 2 emissions using an unspecified methodology. a
Empresas Copec's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Empresas Copec's Value Chain Emissions
In 2023, Empresas Copec reported 2,977,823 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 2023 disclosure of Empresas Copec includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Empresas Copec's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Empresas Copec's Scope 3 emissions?
In 2023, Empresas Copec reported total Scope 3 emissions of 2,977,823 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 87.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 12.48% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Empresas Copec reduced its Scope 3 emissions over time?
Since 2020, Empresas Copec's Scope 3 emissions have increased by 18.75%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Empresas Copec's Scope 3 emissions remained relatively stable, indicating that Empresas Copec 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Empresas Copec disclose?
In 2023, Empresas Copec reported emissions for 15 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.
What are the main sources of Empresas Copec's Scope 3 emissions?
In 2023, the largest contributors to Empresas Copec's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 1,234,916 tCO₂e (41.47%)
- Upstream Transportation and Distribution (Cat. 4): 736,852 tCO₂e (24.74%)
- Fuel- and Energy-Related Services (Cat. 3): 508,590 tCO₂e (17.08%)
Empresas Copec's Scope 3 Emissions by Categories
Insights into Empresas Copec’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Empresas Copec reported Scope 1 greenhouse gas (GHG) emissions of 1,691,713 tCO₂e and total revenues of USD 29,179 millions. This translates into an emissions intensity of 57.98 tCO₂e per millions USD. a
Empresas Copec's Scope 1 Emissions Intensity Compared to Peers
How does Empresas Copec's GHG emissions intensity compare to its peers?
In 2023, Empresas Copec reported a Scope 1 emissions intensity of 57.98 tCO₂e per millions USD. Compared to the peer group median of 20.63, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Empresas Copec rank on GHG emissions intensity within its industry?
In 2023, Empresas Copec ranked 16 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Empresas Copec is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Empresas Copec's Total Carbon Footprint
In 2023, Empresas Copec reported a total carbon footprint of 5,015,638 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.57% increase compared to 2022, 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 59.37% of the company's total carbon footprint, followed by Scope 1 emissions at 33.73%. a