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CHAPTER 7 Cepsa and the environment Climate change

GREENHOUSE GAS EMISSIONS

The scope of our emissions is both na- tional and international, covering three GHGs: CO2, CH4 and N2O. Therefore CO2 equivalent is reported. The organi- sation carbon footprint certification under ISO 14064 has the same GHG scope on a national and operational control level. On this point, we report scope 1 emissions (direct combustion and processes) and scope 2 emissions (derived from acquired electricity).

These two scopes are those certified to date under ISO 14064, including in this reporting the national emissions certified under ISO 14064:1 (those under operational control), as well as national and international emissions without any operational control.

We also report scope 3 emissions (su- pply change emissions divided into 15 categories under the GHG Protocol) since 2014, which are not certified

under ISO 14064. In the reporting we therefore use international methodo- logies such as ISO 14064, DEFRA conversion factors, GHG Protocol me- thodology and Warming Potentials from the latest IPCC AR5 (5th report 2014).

The increase observed in this scope is mainly due to the fact that in Cepsa we are progressively increasing the ca- tegories envisaged and increasing the scope within them in order to broaden the coverage of these emissions, while we define a procedure for this me- thodology and possible management levers on them.

The scope 3 categories calculated in 2014 and 2015 include those relating to emissions from fuel and purchased energy, waste generated in operations, business travel, employee movements, investments and franchises.

GHG emissions (Thousands of tonnes)

2015

2014

2013

6,123

5,959

5,844

757

822

727

946

774

141

Scope 1

Scope 2

Scope 3

(5) Emissions generated by facilities without operational control and having only financial control, with a 50% interest in Cepsa s case (NGS and ASESA).