Repsol has been awarded the Emissions Tracking Carbon Verification Leaders Award for its efforts in verifying its greenhouse gas emissions, as part of the creation of an index that will encourage companies to curb the gases responsible for global warming.
Repsol is one of only seven companies, out of a total 1,100 surveyed by the Environmental Investment Organisation (EIO), whose emissions reporting figures have been fully accepted and verified. Repsol is the only oil company to meet the full criteria.
Through this survey, the EIO, a noted independent organization, seeks to promote the creation of the ET Coal Ranking, a Sustainability Index that values the efforts of companies that reduce their greenhouse gas emissions.
The award is a welcome endorsement of Repsol’s efforts to be at the forefront in matters concerning social and environmental issues, as well as climate change.
In 2009, and for the fourth consecutive year, Repsol was included in the prestigious global and European Dow Jones Sustainability Indexes DJSI World and DJSI STOXX, for its performance in sustainability. Repsol received the maximum score in the Index for transparency, human capital development, and social impact in communities, and also achieved top marks in climate change, biodiversity and social awareness management.
In addition, on February 11th, Repsol received the “Gold Class” company rating for the second consecutive year in the Sustainability Yearbook 2009, compiled by PriceWaterhouseCoopers and Sustainable Asset Management (SAM), an independent company, which conducts the annual assessments for the Dow Jones Sustainability Index. This publication includes companies with the best performance on sustainability and corporate responsibility worldwide.