Cepsa has set biodiversity objectives for which it is committed to mitigating the impacts during the development and maintenance of its future wind and solar plants to avoid the net loss of biodiversity in the environment (no net loss), and to promote actions that enable a positive impact on the conservation and improvement of biodiversity (net positive impact).
This proactive approach reflects Cepsa’s determination to contribute to environmental sustainability and demonstrates its goal to lead the development of sustainable practices within the energy sector. To evaluate, verify and track the results of its projects and effects on biodiversity, the company will collaborate with external institutions and use methodologies verified by these institutions.
Likewise, through the Biodiversity Roundtable, a transversal work team that involves various areas and specialists of the company, actions will be identified, analyzed and implemented to improve biodiversity, working so that the projects have a positive and beneficial impact. . ific for the environment.
Commitments also in water and waste
Mar Perrote, Director of Safety, Environment and Quality at Cepsa, stated: “In accordance with our aspiration to be a reference in the energy transition, included in the ‘Positive Motion’ strategy, we have set ourselves the ambitious challenge of generating a positive impact on “The environment of our renewable energy projects”
Through its ‘Positive Motion’ strategy and Sustainability Plan, Cepsa has focused its environmental commitments on three fundamental areas of the circular economy: water, waste and biodiversity. In addition to the commitment to biodiversity that the company presents today, the energy company aims to reduce the collection of fresh water by 20% in areas of water stress by 2025, and increase the intensity of the circularity of its waste by 50%. . for 2030, both compared to the levels obtained in 2019.
Positive impact on the environment
In the field of renewable energies, Cepsa has the ‘Sumamos Energías’ program, which encourages joint work with the municipalities of the areas where renewable projects are going to be installed, through the development of actions that generate value and promote development . or socioeconomic and the natural capital of their municipality. This program is based on co-design and transparent and proactive dialogue, with the aim of creating a tractor effect in the territory and maximum social and environmental integration. Each of these lines of action has different initiatives associated with it, adapted to the nature of the projects and the needs of each locality.
Cepsa is a leading international company committed to sustainable mobility and energy with solid technical experience after more than 90 years of activity. The company also has a world-leading chemistry business with increasingly sustainable activity.
In 2022, Cepsa presented its new strategic plan for 2030, Positive Motion, which projects its ambition to be a leader in sustainable mobility, biofuels and green hydrogen in Spain and Portugal, and to become a benchmark in the energy transition. The company will put customers at the center of its business and work with them to help them advance their decarbonization goals.
ESG criteria inspire all of Cepsa’s actions to move towards its net positive objective. Throughout this decade it will reduce its Scope 1 and 2 CO2 emissions by 55% and its carbon intensity index by 15-20%, with the goal of achieving net zero emissions by 2050.
