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Gobierno corporativo

Sistema de Gobierno Corporativo

  • Our Corporate Governance System

    The purpose of our best governance practices is to ensure that both the Company's management model and the decisions made by the Board of Directors and its committees are geared towards preserving the long-term interests of our stakeholders and guaranteeing the sustainability of the group.
  • Governance structure

Annual General Meeting
Board of Directors
Committees
Executive committee
Rows of seats with Repsol goodie bags awaiting their occupants.

Annual General Meeting

The Annual General Meeting is the independent governing body through which shareholders take part in the Company's decision-making process. The basis of its organization and functions are governed by our corporate bylaws as well as its own regulations, which include the norms governing its legal and statutory activity and completes the applicable discipline established by current trade legislation and in the Company bylaws.
Top shot of members of the Board of Directors standing around and talking.

Board of Directors

The Board of Directors is responsible for the governance, management, and administration of the Company's businesses and interests whenever these duties are not reserved for the Annual General Meeting.

Its activity is primarily focused on general supervision and matters of particular importance to the Company.

A scene during an important meeting at Repsol Campus, as seen though a strange hole in the building.

Board Committees

Without prejudice to the statutory capacity of the Board of Directors to create other committees, the Company currently has a Delegate Committee, Audit and Control Committee, Nomination Committee, Compensation Committee, and Sustainability Committee.
Josu Jon Imaz studying in his office.

Executive committee

Presided by Josu Jon Imaz, the Executive Committee is responsible for
cross-company decisions and policymaking in the global sphere.

It approves the elements of governance needed in risk management, oversees their proper application, and monitors the Company's performance in matters related to risk.

Advancing our Corporate Governance best practices

The ultimate objective behind corporate governance is to meet the highest good governance standards at the national and international level.
  • Icon of two women.

    Two new female board members

    Women now make up more than 30% of the Board of Directors.
  • Icon of two people with some distance between them.

    Separation and transparency

    between the functions of the Chairman and the CEO.
  • Icon of several people standing around in front of something.

    Reduction of the size of the Board

    We've reduced the number of Board members from 16 to 15.
  • Icon of two people of different stature.

    Independent directors

    Now have an increased presence, including our new lead director.