ESG investor

The energy trilemma: The challenge of the energy transition

We must decarbonize the energy mix while ensuring security of supply and affordable access to energy.

Aligned with ESG criteria

A significant portion of our institutional investors also chooses to follow environmental, social, and governance (ESG) criteria in order to make financial decisions. This is a percentage of socially responsible investors that continues to grow each year and who are committed to this type of sustainable investment.

35%

shareholder base is managed exclusively under ESG criteria.

220%

increase of the percentage of ESG investors since 2016.

ESG reports at a glance

Our main documents containing relevant ESG information.

Eventos

Repsol ESG Day

On October 3, 2023, we presented our investors with our ESG road map towards becoming a net zero emissions company by 2050. We also explained how we are working for a just energy transition that protects industrial activity by leveraging innovation, technology, and digitalization.

Learn more

Sustainability KPIs

Learn about the main KPIs that allow us to measure our company's progress in ESG.

Net Zero commitments

Company goals to achieve net zero emmisions by 2050.

Climate change KPIs

Energy transition metrics and targets.

Environment KPIs

Water, waste, biodiversity, non-GHG emissions, and spills.

Safety KPIs

Staff and process safety.

People KPIs

Employment, diversity, remuneration, talent, and more.

Social and governance KPIs

Human rights, anti-corruption, and social investment.

Supply chain KPIs

Due diligence, purchasing process, and performance evaluations.

Our climate change targets

We aim to achieve increasingly ambitious targets to accelerate the energy transition.

The path to decarbonization

Our main goal is to become net zero by 2050. In order to achieve this, part of our roadmap is based on reducing our Carbon Intensity Indicator (CII).

Learn more about our CII | PDF | 4.4 MB

Learn about our zero emissions targets

Main levers for decarbonization

of renewable generation capacity as a target by 2030 and 9 GW by 2028.

1.6-1.8

renewable fuel production capacity on the Iberian Peninsula by 2030.

1.9

GWeq

net renewable hydrogen capacity by 2030 and 0.55 GWeq by 2025.

kg CO2e/boe

reduction in E&P carbon intensity from 2023 to 10 kg CO2e/boe by 2027.

Best practices in human rights

Camisea, an example of community protection

Repsol holds a 10% stake in the consortium that operates this block in Peru. Since the beginning of our involvement, we have worked intensely with our partners to improve our human rights performance, as it's a sensitive area located near the Kugapakori-Nahua-Nanti Reserve.

Repsol has shared its entire knowledge on the processes to be followed in areas with indigenous presence, especially in the cases of communities in voluntary isolation or first contact. Our regulations stipulate that in those operations in which Repsol doesn't have management control, we'll inform our partners of these policies and make all our knowledge and strategies available to them to achieve the corresponding goals.

Find out more about the project