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Compania Espanola de Petroleos (CEPSA)

Compañía Española de Petróleos is a publicly listed company headquartered in Spain. In 2021 its revenue was USD 29.02 billion. CEPSA is one of Spain's leading energy companies and operates on five continents. It was also Spain's first privately-owned oil company but became a publicly traded company in 1989.
Ranking position
#14 /99
Total score
29.3 /100

17.9 /60
Core social indicators
9.5 /20
Just transition
1.9 /20

ACT score components

Performance score
2.5 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-99)


#1 10.0 /100 #36

Material investment

#1 16.4 /100 #7

Intangible investment

#1 0.0 /100 #11

Sold products

#1 0.1 /100 #73


#1 51.5 /100 #25

Supplier engagement

#1 50.0 /100 #6

Client engagement

#1 0.0 /100 #45

Policy engagement

#1 12.0 /100 #64

Business model

#1 10.0 /100 #41
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


CEPSA receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. CEPSA’s divestment of its exploration and production activities in the United Arab Emirates (UAE) will reduce its upstream emissions as these accounted for 50% of its upstream production. However, CEPSA’s scope 1, 2 and 3 emissions intensity is expected to remain static between 2023-2027 due to no significant change in the company’s fuel mix. CEPSA’s current business model is reliant on high-carbon activities. To transition into a more sustainable business, CEPSA needs to increase its investment in low-carbon business development.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

See results for

  1. 2021

More about the company

Madrid, Spain
Publicly listed
USD 29 billion

This company is part of the SDG2000, the 2,000 most influential companies

See company profile SDG2000