Repsol SA

Common Name
Repsol
Country
Spain
Sector
Energy
Industry
Oil & Gas Integrated
Employees
25,136
Ticker
REP
Exchange
BOLSA DE MADRID
Description
Repsol S.A. is a leading integrated energy company engaging in both upstream and downstream operations. Its primary function is to explore, produce, refine, and distribute oil and natural gas. Repsol’...

Repsol's Climate Target Data Preview

As of 2024, Repsol has disclosed 17 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 13 absolute reduction targets and 4 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Repsol ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Flaring
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Flaring
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold
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2025
Intensity-based Target*
Scope 1 - Total
Cubic Meter (m3) of CH4 (m3CH4) per Cubic Meter (m3) of Natural Gas Produced
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2025
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold
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2040
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Repsol's Greenhouse Gas Emissions Pathways

As of 2024, Repsol has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Repsol have a target to reduce the emissions from its operations?

As of 2024, Repsol has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Repsol's most ambitious operational target is to reduce these emissions by 100% by 2030, compared to a baseline of 344,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2024, Repsol is ahead of schedule on its operational emissions reduction target, having achieved 72.38% of the planned reduction.

Repsol's Operational (Scope 1+2) Emissions Pathway

2018202420252030090 k180 k270 k360 kBaselineCurrent (-72%)Target 2025 (-50%)Target 2030 (-100%)

Does Repsol have a target to reduce the emissions from its value chain?

As of 2024, Repsol has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Repsol's most ambitious value chain target is to reduce these emissions by 91.75% by 2040, compared to a baseline of 201,200,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2024, Repsol is lagging behind on its value chain emissions reduction target, having achieved 12.19% of the planned reduction.

Repsol's Value Chain (Scope 3) Emissions Pathway

2018202420302040055 M110 M165 M220 MBaselineCurrent (-11%)Target 2040 (-92%)

Does Repsol have a target to reduce its total carbon footprint?

As of 2024, Repsol has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Repsol's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 224,000,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018, by 91.65% by 2050.

As of 2024, Repsol is lagging behind on its total carbon footprint reduction target, having achieved 15.1% of the planned reduction.

Repsol's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2018202420302050060 M120 M180 M240 MBaselineCurrent (-14%)Target 2050 (-92%)
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