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Financial Intermediation
AE
updated a month ago

CEPSA Holding LLC

Company website

CEPSA Holding LLC, a prominent player in the energy sector, is headquartered in the United Arab Emirates (AE) and operates extensively across the Middle East and North Africa. Founded in 1929, CEPSA has established itself as a leader in oil and gas exploration, refining, and distribution, with a strong commitment to innovation and sustainability. The company offers a diverse range of products and services, including petrochemicals, lubricants, and renewable energy solutions, setting itself apart through its focus on cutting-edge technology and environmental responsibility. CEPSA's strategic initiatives have positioned it as a key contributor to the region's energy landscape, earning recognition for its operational excellence and commitment to sustainable practices. With a rich history and a forward-thinking approach, CEPSA Holding LLC continues to shape the future of the energy industry.

DitchCarbon Score

How does CEPSA Holding LLC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

37

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

CEPSA Holding LLC's score of 37 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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CEPSA Holding LLC's reported carbon emissions

In 2024, CEPSA Holding LLC reported total carbon emissions of approximately 48,000,000 kg CO2e for Scope 1, 200,000,000 kg CO2e for Scope 2, and a significant 71,900,000,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions breakdown includes about 53,000,000,000 kg CO2e from the use of sold products and approximately 16,700,000,000 kg CO2e from purchased goods and services. For the previous year, 2023, the company recorded approximately 47,000,000 kg CO2e for Scope 1, 200,000,000 kg CO2e for Scope 2, and around 69,200,000,000 kg CO2e for Scope 3 emissions, indicating a slight increase in emissions across all scopes. CEPSA Holding LLC has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 CO2e emissions by 55% by 2030 compared to 2019 levels. Additionally, the company has pledged to achieve Net Zero emissions across all scopes before 2050. These targets reflect a strong commitment to reducing the carbon footprint of its industrial operations and aligning with global climate goals.

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20232024
Scope 1
4,700,000,000
0,000,000,000
Scope 2
200,000,000
000,000,000
Scope 3
69,200,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. CEPSA Holding LLC's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for CEPSA Holding LLC is in AE, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

CEPSA Holding LLC is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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