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.

We explain how Repsol manages its E&P assets in Alaska in accordance with environmental and social criteria.

Josu Jon Imaz  speaking during a presentation at ESG Day 2022
ESG Day 2022 event sign with Repsol logo, event logo, event name, date, and the NET Zero Emissions by 2050 commitment logo
Luis Cabra speaking during a presentation at ESG Day 2022
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.

Graphic of carbon emissions indicators and targets through 2050

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).

Main levers for decarbonization

10

GW

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

1.6-1.8

Mt 

renewable fuel production capacity on the Iberian Peninsula by 2030.

0.6-0.8

GWeq

net renewable hydrogen capacity by 2030 and 0.3 GWeq by 2028.

10

kg CO2e/boe

E&P carbon intensity in 2028 compared to 12.5 kgCO2e/boe in 2025.

Best practices in human rights

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.

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Updated as of August 2026