In 2025, Sipef 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).
Sipef has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 |
|---|---|---|
Total Scope 1 | 1,493,210a | 1,544,732a |
Total Scope 2 | ||
Market-Based | 8,241a | 7,209a |
Location-Based | 7,593a | 7,183a |
Total Scope 3 | 242,717a | 198,321a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2,617.6827a | 3,501.2137a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Sipef amounted to 1,500,803 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 2024, the total operational greenhouse gas (GHG) emissions of Sipef decreased by 3.29%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of Sipef were 1,493,210 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2024), Sipef's Scope 1 emissions decreased by 3.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, Sipef reported Scope 2 greenhouse gas (GHG) emissions of 8,241 tCO₂e using the market-based method and 7,593 tCO₂e using the location-based method.a
Compared to the previous year (2024), Sipef's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Sipef's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, Sipef reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Sipef reported 242,717 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 2025 disclosure of Sipef includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Sipef reported total Scope 3 emissions of 242,717 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 63.05% of these emissions originated from upstream activities such as purchased goods and capital goods, while 36.95% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2024), Sipef's Scope 3 emissions increased by 22.39%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2025, Sipef reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to Sipef's Scope 3 emissions were:a
In 2025, Sipef reported Scope 1 greenhouse gas (GHG) emissions of 1,493,210 tCO₂e and total revenues of USD 570 millions. This translates into an emissions intensity of 2,617.68 tCO₂e per millions USD.a
In 2025, Sipef reported a Scope 1 emissions intensity of 2,617.68 tCO₂e per millions USD. Compared to the peer group median of 94.61, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Sipef ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Sipef among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2025, Sipef reported a total carbon footprint of 1,743,520 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.38% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Sipef's total carbon footprint was Scope 1 emissions, accounting for 85.64% of the company's total carbon footprint, followed by Scope 3 emissions at 13.92%.a