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our CO2 emissions are concentrated. The CO2 kPI is the leading benchmark in the Refining sector used in the European Re- gime of CO2 Emissions market, expressed as kgCO2 per unit of CWT - Complexity Weighted Tonne - with this tonnage indi- cating the complexity of a refinery, given that it computes the loads and produc- tions of the units that make up the refin- ery in terms of carbon intensity.
In order to monitor it, we take monthly readings of the emission intensity ratio
in order to evaluate performance and the possibilities of reducing emissions; in 2017, the CO2 kPI target value estab- lished initially was reached. This objective of reducing emission intensity applies to all Cepsa personnel, which demonstrates our commitment to climate change.
We believe that this indicator is a good reflection of our global commitment even though it is specific to Refining, although we are developing a C index that encom- passes all our business units.
At Cepsa, the scope of our gHg emis- sions reporting1 (CO2, CH4 and N2O) is both national and international. The Car- bon Footprint certification under the ISO 14064:1 standard has the gHg scope nationally and in terms of operational control, reporting both scope 1 (direct combustion and processes) and scope 2 emissions (emissions derived from the acquired energy).
Likewise, we report on our emissions un- der scope 3 (emissions in the Cepsa value chain), with 10 categories having been certified of the 15 standardised catego- ries under the gHg Protocol in 2017 ac- cording to ISO 14064:1.
greenhouse gas emissions
gREENHOUSE gAS EmISSIONS. SCOPES 1 AND 2. (Thousands of tonnes of equivalent CO2)
Scope 1 Scope 2
938 6,304
2015
597 6,101
2016
693 6,193
2017
1 This report uses international methodologies such as ISO 14064, DEFRA database conversion factors, national greenhouse gas emissions inventory, gHg protocol methods, analytical calculations of emission factors at facilities and global warming potentials set out in the latest IPCC AR5 report (5th report 2014).
RATINg A-
CDP 2017 CLImATE CHANgE
CLImATE CHANgE
2017 ANNUAL AND CORPORATE RESPONSIbILITy REPORT
