Carbon Footprint — Operations: How does Repsol score?

Repsol reports granular Scope 1 (~15.7 Mt CO₂e in 2022) and Scope 2 (~0.4 Mt CO₂e) emissions, verified externally, with multi-year tracking since 2016. The 2024 Consolidated Management Report is audited and aligned with CSRD/ESRS standards. Methodology follows GHG Protocol with breakdown by business segment (Industrial emitted 10.8 MtCO₂ Scope 1 in 2022). ISO 14067-based product lifecycle analysis is used. Deducting 1 point because absolute emissions remain enormous — Repsol was Spain's largest

Carbon Footprint — Supply Chain: How does Repsol score?

Repsol reports Scope 3 Category 11 (use of sold products), which accounts for more than 90% of its value chain footprint, and has set absolute reduction targets covering 91% of total emissions including Scope 3. However, the company's Carbon Intensity Indicator includes controversial 'location-based emission shift' credits that reduce reported totals. Not all Scope 3 categories are fully quantified with clear methodology. Carbon Tracker noted carveouts for certain Scope 3 emissions.

Emissions Trajectory: How does Repsol score?

Repsol's operated Scope 1+2 emissions have declined 45.3% vs 2016, and absolute GHG reduction reached 17.4% in 2025 vs 2018. However, the company's primary metric remains the Carbon Intensity Indicator (intensity-based, not absolute), with over a third of the 2030 intensity target accounted for by theoretical 'location-based emission shift' credits. Repsol continues investing in new oil and gas exploration, which is at odds with 1.5°C pathways. Absolute targets exist but are secondary to intensi

Energy Source: How does Repsol score?

Repsol has built 5.8 GW of renewable generation capacity (2025) across solar and wind in Spain, Portugal, US, and Chile, with targets of 9 GW by 2027. The company allocates 35% of capex to low-carbon projects. However, this renewable generation is primarily for sale to third parties, not for powering its own operations. Repsol's own industrial complexes (5 refineries, 3 chemical plants) remain heavily reliant on fossil fuel combustion. There is no evidence of RE100 membership or commitment to 10

Nature & Biodiversity Impact: How does Repsol score?

Repsol has Biodiversity Action Plans for operated assets in sensitive areas with a target of 100% coverage by 2027. The company commits to not operating within UNESCO World Heritage sites and has species conservation projects (e.g., Bonelli's eagle recovery). However, as an oil and gas company, its core operations — drilling, refining, petrochemicals — inherently carry significant nature risks. The January 2022 oil spill at La Pampilla (Peru) released over 10,000 barrels into the ocean, causing

Resource Use & Waste: How does Repsol score?

Repsol has circular economy targets including 100,000 tonnes of circular polymer production annually and is deploying chemical recycling technologies to convert non-recyclable waste into materials. The Cartagena biofuels facility processes 250,000 tonnes/year. The company aims to re-use 3 million tonnes of waste per year by 2030. However, the core business model remains linear — extracting and selling fossil fuels. Circularity initiatives, while real, represent a small fraction of total throughp

Water Impact: How does Repsol score?

Repsol is a member of the UN CEO Water Mandate and uses its proprietary Repsol Water Tool (RWT) to assess water risks. The company has achieved a 39 hm³ reduction in freshwater withdrawal at Iberian industrial complexes. The Cartagena Refinery claims a water consumption ratio 26% below sector average. However, water-intensive refining operations remain significant consumers. The January 2022 La Pampilla oil spill in Peru caused major water pollution, affecting marine water quality, sediments, an

Targets & Commitments: How does Repsol score?

Repsol has set absolute emission reduction targets: 55% Scope 1+2 by 2030 (vs 2016) and 20% Scope 1,2,3 by 2030 (vs 2018), with net zero by 2050. However, SBTi has paused all commitments and validations for the oil and gas sector, so Repsol has no SBTi validation. The primary decarbonisation metric remains the Carbon Intensity Indicator (CII), which includes controversial 'avoided emissions' credits. Carbon Tracker found that over a third of the 2030 intensity target relies on theoretical locati

Transparency & Accountability: How does Repsol score?

Repsol reports under CSRD/ESRS, TCFD, and CDP frameworks. The 2024 Consolidated Management Report is externally audited. Executive remuneration is linked to GHG reduction targets and low-carbon portfolio expansion. Board-level oversight of climate issues exists. The company publishes lobbying positions and trade association reviews. A consultative shareholder vote on energy transition strategy was held in 2024 (70% approval). However, the ISS ESG review noted limited evidence that the climate tr

Controversies & Red Flags: How does Repsol score?

Starting at 8. Deduct 2: UK ASA upheld complaint against Repsol for misleading renewable fuel advertising; Spanish court (Feb 2025) partially upheld Iberdrola's greenwashing claim against Repsol for misleading advertising and unfair competition. Deduct 1: Greenpeace, Ecologists in Action, and OCU filed formal complaints about greenwashing biofuels. Deduct 1: January 2022 La Pampilla oil spill in Peru (10,396 barrels into ocean, major environmental damage). Deduct 2: InfluenceMap finds Repsol 'pr

Repsol Sustainability Score: 21/100

Recently scored: Dentsu, Omnicom, Publicis Groupe, WPP

507 companies scored·4 score updates this week

Repsol·Oil & Gas·Madrid, Spain·Founded 1986·Last verified 21 April 2026

out of 100

Significant gapsPending Review

Repsol reports granular emissions data and ambitious 2050 net-zero targets, but relies heavily on controversial intensity-based metrics inflated by theoretical emission-shift credits. Core operations remain fossil-fuel dependent. The company faces active greenwashing litigation in Spain and the UK, ongoing negative climate policy lobbying, and a major 2022 oil spill in Peru.

No challenges currently filed

The calculation

Every score shows its working.

Same formula for every company. No curve. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale

Industry base impact

Oil & Gas sector ceiling.

20 / 100

Performance score

Sum of the 10 rubric questions, scored 0–10 each.

42 / 100

Raw score

Weighted average before scale penalty.

(0.3 × 20) + (0.7 × 42) = 35.4

Scale penalty

Multiplier based on absolute emissions volume — physics-first.

× 0.6

Final score

Rounded. Significant gaps.

21 / 100

The ten questions

Where Repsol is strong, and where it isn't.

Strongest on Carbon Footprint — Operations and Transparency & Accountability (7/10, 6/10). Weakest on Controversies & Red Flags and Targets & Commitments (2/10, 3/10).

Where the evidence comes from

Every document used, listed.

15 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

[1]Self-reported

2024 Consolidated Statement of Non-Financial Information & Sustainability Information

2024

Every score shows its working.

Where Repsol is strong, and where it isn't.

Every document used, listed.

Where Repsol sits among oil & gas peers.

Repsol's score over time.

This score is not currently being contested.

Related companies worth a look.

We'll let you know when the score moves.

Which companies moved this week, and why.