Repsol

Communities

Our relationship with communities contributes towards the long-term success of our business and helps develop the communities where we operate.

In 2010 we undertook studies measuring Repsol's level of social integration in operations with indigenous communities in Bolivia and Peru.

Performance indicators

In 2010, Repsol spent €29.99 million on social investment projects which, added to legal, regulatory or contractual contributions, brought total expenditure in this area in to €35.41 million.

Thousands of euros	2008	2009	2010
Voluntary social investment (millions of euros)	28.32	30.25	29.99

Objectives

2010 objectives	Progress against our 2010 objectives
Carry out a study to establish the degree to which Repsol’s operations have a social impact on indigenous communities in Bolivia and Peru.	In 2010 we carried out studies on our operations’ interaction with indigenous communities in Peru and Bolivia.
Raise awareness of our policies on indigenous communities among our partners and contractors.	We worked to promote our Policy on Relationships with Indigenous Communities among our employees and suppliers in Bolivia, as well as communicating it to neighboring communities in our areas of operation.
Approve our Corporate Social Investment Guidebook.	Based on the London Benchmarking Group methodology, we drew up draft internal procedures for reporting on social investment and guidelines for strategic planning of social investment. Both will be approved in 2011.
Approve our Corporate Policies for Environmental, Social and Health Impact Assessment (ESHIA), to be applied worldwide by all units in the company.	During 2010, the Safety and Environment, Health and Corporate Responsibility units of Repsol have worked to develop these new Policies. We expect to approve them for use during the first half of 2011.
Undertake a study to measure social investment achievements and impact, as part of our participation in the London Benchmarking Group (LBG).	Repsol, together with other Spanish companies, participated in a program to develop measurement systems for social investment impacts. This program was convened by the LBG in the United Kingdom and draws on the experiences of all companies in the working group. Work will continue on the development of a common methodology during 2011.

Actions to be implemented in coming years are included in our 2012 Sustainability Plan: Program 5 (Community Involvement)