Cepsa will provide its professional customers (carriers, companies with vehicle fleets, etc.) with the possibility of offsetting the CO2 emissions from their refueling by investing in environmental projects. Cepsa's professional customers will have the guarantee that the CO2 offset certificates will be endorsed by an accredited external entity and will be able to track the progress of the projects through a website.
Alongside this offer, Cepsa is launching a new loyalty card, Starresa Zero, through which its professional customers will be able to immediately offset 100% of the emissions each time they refuel. The offsets can be viewed on their invoices each month and they will also receive a certificate certifying the execution of this commitment. The card will also offer advantages for electric vehicles through discounts on recharges in the ultra-fast charging network that the company is developing in its service stations. In 2030, it will be the largest ultra-fast, on-the-go charging network in Spain and Portugal with at least one 150 kW charger every 200 kilometers on key inter-city corridors.
Cedric Vigneau, Director of Fleet Solutions & CRT at Cepsa, said: "One of the objectives of our Positive Motion strategy is to make it easier for our customers to decarbonize their business. To this end, we will help them reduce the carbon footprint of their refueling, while we continue to advance in the large-scale production of green molecules and the creation of electric recharging points to provide different sustainable mobility alternatives: second-generation biofuels, green hydrogen, and our development of the largest ultra-fast charging network in Spain and Portugal."
Thus, the energy company will become a catalyst in the decarbonization process of its professional customers, facilitating the compensation of their carbon footprint in a simple and direct way. The company is also offsetting the emissions of its heating oil customers this winter.
Cepsa’s 2030 strategy sets out its ambition to surpass Net Zero by enabling customers and society to move in the right direction and achieve Net Positive. The company has established an ambitious roadmap to cut its emissions, placing it among the benchmark companies in its sector. Specifically, by 2030, it will reduce its CO2 emissions (Scope 1 and 2) by 55% compared to 2019 and aims to reach zero net emissions by 2050. As for the carbon intensity index of its products (Scopes 1, 2, and 3), the company's objective is a 15-20% reduction by 2030.