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 GHG Emissions Data Preview

In 2024, Repsol 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).

Repsol 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)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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b
0000000
Location-Based
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c
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Repsol’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Repsol’s data sources below and access millions more through our Disclosure Search.

a. Repsol's Management report 2024
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b. Repsol's Integrated Report 2023
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c. Repsol's CDP Climate sourced from company’s website 2023
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Insights into Repsol's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Repsol amounted to 14,000,000 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 Repsol decreased by 5.41%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Repsol's Scope 1 Emissions Over Time

20182020202120222023202406 M12 M18 M24 MtCO2e+2%-13%-19%-9%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Repsol's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Repsol were 13,700,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Repsol reduced its Scope 1 emissions over time?

Since 2018, Repsol's Scope 1 emissions have decreased by 37.73%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Repsol's Scope 1 emissions decreased by 4.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Repsol's Scope 2 emissions?

In 2024, Repsol reported Scope 2 greenhouse gas (GHG) emissions of 300,000 tCO₂e using the market-based method and 300,000 tCO₂e using the location-based method. a

Has Repsol reduced its Scope 2 emissions over time?

Since 2018, Repsol's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 25%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Repsol's Scope 2 emissions (Location-Based) fell by 25% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Repsol use for Scope 2 reporting?

In 2024, Repsol reported its Scope 2 emissions using the market-based method and using the location-based method. a

Repsol's Scope 2 Emissions Over Time

2018202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Repsol's Value Chain Emissions

In 2024, Repsol reported 195,900,000 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 Repsol includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Repsol's Scope 3 Emissions Over Time

201920202021202220232024050 M100 M150 M200 MtCO2e-6%-12%-4%-14%+222%
  • Total Scope 3
  • Year-over-Year Change

What are Repsol's Scope 3 emissions?

In 2024, Repsol reported total Scope 3 emissions of 195,900,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 7.28% of these emissions originated from upstream activities such as purchased goods and capital goods, while 92.72% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Repsol's Scope 3 emissions increased by 222.2%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Repsol disclose?

In 2024, Repsol 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 Repsol's Scope 3 emissions?

In 2024, the largest contributors to Repsol's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 178,700,000 tCO₂e (90.99%)
  • Purchased Goods and Services (Cat. 1): 11,100,000 tCO₂e (5.65%)
  • Processing of Sold Products (Cat. 10): 2,300,000 tCO₂e (1.17%)

Repsol's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(91.0%)Purchased Goods andServices (Cat. 1)(5.7%)Processing of SoldProducts (Cat. 10)(1.2%)

Insights into Repsol’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Repsol reported Scope 1 greenhouse gas (GHG) emissions of 13,700,000 tCO₂e and total revenues of USD 59,442 millions. This translates into an emissions intensity of 230.48 tCO₂e per millions USD. a

Repsol's Scope 1 Emissions Intensity Compared to Peers

100,0001,000,00010,000,000100,000,0001,000,000,000Scope 1 Emissions (tCO2e)5005,00020,000200,0002,000,000Revenues (Millions of USD)COMVYear: 2023Scope 1: 10,000,000 tCO2eRevenue: $M 43,678Scope 1 Intensity: 228.95 tCO2e/$MEniYear: 2024Scope 1: 31,100,000 tCO2eRevenue: $M 92,403Scope 1 Intensity: 336.57 tCO2e/$MNK LukoilYear: 2022Scope 1: 41,202,000 tCO2eRevenue: $M 41,116Scope 1 Intensity: 1,002.08 tCO2e/$MShellYear: 2024Scope 1: 50,000,000 tCO2eRevenue: $M 209,933Scope 1 Intensity: 238.17 tCO2e/$MExxon MobilYear: 2024Scope 1: 91,000,000 tCO2eRevenue: $M 339,247Scope 1 Intensity: 268.24 tCO2e/$MBPYear: 2024Scope 1: 32,800,000 tCO2eRevenue: $M 139,575Scope 1 Intensity: 235.00 tCO2e/$MTotalEnergiesYear: 2024Scope 1: 33,000,000 tCO2eRevenue: $M 167,129Scope 1 Intensity: 197.45 tCO2e/$MSuncor EnergyYear: 2022Scope 1: 33,520,000 tCO2eRevenue: $M 46,479Scope 1 Intensity: 721.19 tCO2e/$MPTTYear: 2023Scope 1: 40,730,000 tCO2eRevenue: $M 91,332Scope 1 Intensity: 445.96 tCO2e/$MTatneft' Imeni V.D. ShashinaYear: 2021Scope 1: 7,720,000 tCO2eRevenue: $M 16,866Scope 1 Intensity: 457.72 tCO2e/$MGazpromYear: 2022Scope 1: 213,530,000 tCO2eRevenue: $M 167,009Scope 1 Intensity: 1,278.55 tCO2e/$MNational Fuel GasYear: 2023Scope 1: 1,590,047 tCO2eRevenue: $M 2,174Scope 1 Intensity: 731.47 tCO2e/$MGalp EnergiaYear: 2023Scope 1: 2,991,742 tCO2eRevenue: $M 22,986Scope 1 Intensity: 130.15 tCO2e/$MChevronYear: 2024Scope 1: 53,000,000 tCO2eRevenue: $M 193,414Scope 1 Intensity: 274.02 tCO2e/$MNeftyanaya Kompaniya RosneftYear: 2021Scope 1: 54,200,000 tCO2eRevenue: $M 109,431Scope 1 Intensity: 495.29 tCO2e/$MPetrobrasYear: 2023Scope 1: 45,800,000 tCO2eRevenue: $M 102,409Scope 1 Intensity: 447.23 tCO2e/$MPetroChinaYear: 2023Scope 1: 124,660,000 tCO2eRevenue: $M 423,668Scope 1 Intensity: 294.24 tCO2e/$MEdisonYear: 2023Scope 1: 6,309,652 tCO2eRevenue: $M 20,405Scope 1 Intensity: 309.22 tCO2e/$MCCCosmo Energy HoldingsYear: 2023Scope 1: 6,886,000 tCO2eRevenue: $M 20,960Scope 1 Intensity: 328.53 tCO2e/$MEquinorYear: 2023Scope 1: 11,500,000 tCO2eRevenue: $M 106,848Scope 1 Intensity: 107.63 tCO2e/$MRepsolYear: 2024Scope 1: 13,700,000 tCO2eRevenue: $M 59,442Scope 1 Intensity: 230.48 tCO2e/$M

How does Repsol's GHG emissions intensity compare to its peers?

In 2024, Repsol reported a Scope 1 emissions intensity of 230.48 tCO₂e per millions USD. Compared to the peer group median of 318.87, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Repsol rank on GHG emissions intensity within its industry?

In 2024, Repsol ranked 5 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Repsol among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Repsol's Total Carbon Footprint

In 2024, Repsol reported a total carbon footprint of 209,900,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 177.65% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Repsol's total carbon footprint was Scope 3 emissions, accounting for 93.33% of the company's total carbon footprint, followed by Scope 1 emissions at 6.53%. a

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