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Climate change

Committed to sustainable development as part of our strategy 

We believe in accessible, affordable, and low-carbon energy. Besides, we are convinced that only by addressing the major challenges we face can we turn them into opportunities. 

Car driving down the road by trees and a lake

Pioneers in taking on the challenge of reaching net zero emissions by 2050

We were the first company in the sector to set the challenge of becoming a net zero emissions company by 2050. In order to continue making successful progress towards this goal, we have set intermediate targets to descarbonization for 2025, 2030, and 2040.

Main pillars 

We are spearheading the energy transition in order to reach our main target of reducing emissions. In order to do this, we rely on five major pillars of decarbonization, which are aligned with different lines of action.

Eficiencia energética

Believing in operational excellence

Our operational excellence allows us to reduce the GHG emissions of our opeartions through measures aimed at energy efficiency, methane emissions reduction, among others.

Learn more about energy efficiency
Gas natural

Promoting natural gas

We promote an orderly transition toward a low emissions future through the transformation of our upstream asset portfolio so that it becomes less carbon intensive. 

Want to know more about natural gas?
Generación renovable

Generating renewable electricity

We've increased our stake in renewable energy projects, evolving towards a more sustainable energy model.

Learn about low emissions businesses
Combustibles sostenibles

Developing new sustainable fuels

We're upping our production of low-carbon fuels, biogas, advanced biofuels, and hydrogen.
CCUS

Capturing and storing carbon

We support new avenues for CCUS technologies by relying on natural climate solutions (NCS) when other mitigation solutions are not possible.

Learn more about new technological developments

More lines of action that support decarbonization

Precio del carbono

Carbon pricing

We've set an internal carbon price that we apply to all new investments.
Repsol Campus building

Sustainable financing

We're the first company in the oil and gas sector to issue a green bond with the aim of investing earnings in sustainable projects.
Hydropower plant

Circular economy

Our more than 270 initiatives throughout our value chain promote change and create the necessary synergies to accelerate it.

Endorsing change

We're working every day in the fight against climate change by actively joining international industry intiatives and associations in the energy sector that support sustainable principles.

Employees in a meeting room

Report on industry associations and initiatives

As part of our steadfast commitment to the fight against climate change and the decarbonization of the economy, we've ensured that all the associations and initiatives in which we participate are aligned with the fulfillment of the goals set out in the Paris Agreement.

View report |PDF| 4.7 MB
Wind and solar energy

Collaborative platform

Along with seven of the sector's leading companies, we developed six principles as a collaboration commitment to the energy transition. We support the collective acceleration of the industry to contribute to the Paris Agreement and make progress in emissions reduction.

See the principles |PDF| 246 KB >
Climate change

Fight against climate change

We've joined international initiatives, such as OGCI, Concawe, Fuels Europe, and IOGP, that are aimed at improving collaboration for the development of people, the environment, safety in operations, and innovation. 

Other partnerships

birds' eye view of a forest

Committed to transparency

We share annual sustinability reports with the aim of publicizing important information on our operations, including financial and sustainability information.

Report archives
transition pathway

Recognized by investors worldwide

Transition Pathway Initiative (TPI) recognized us as one of the only two companies in the sector worldwide with a strategy compatible with the Paris Agreements goals

Conoce los reconocimientos

Indice de Eficiencia Energetica en Grupo Consumos y Mermas

Plan de reducción de emisiones de GEI 2006-2013

Plan de reducción de emisiones de GEI 2014-2020

Plan de reducción de emisiones de GEI 2018-2025

Objetivos de reducción de emisiones de metano y reduccion de flaring rutinario 2025

Objetivo indicador de intensidad de carbono

Revisión de la participación de Repsol en iniciativas y asociaciones de la industria: Cambio Climático

2021-2025 GHG emissions reduction plan

Absolute emissions reduction targets

Reinforced targets for methane and carbon intensity indicator

Gestión energética Área Industrial

Creación Unidad de Cambio Climático

Creación Coordinación Eficiencia Energética

Creación Energy Ventures

Creación Comisión Sostenibilidad

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IPIECA

OGCI

Apoyo Acuerdo de París

Zero Routine Flaring by 2030 - World Bank

Climate & Clean
Air Coalition - O&G Methane Partnership UN Environment

Methane Guiding Principles

Adhesión a OGMP 2.0 (Oil&Gas Methane Partnership)

1er posicionamiento Repsol ante el cambio climático

1a Estrategia de carbono

Política de eficiencia energética Repsol

1a retribución variable empleados ligada a objetivo de reducción de emisiones GEI

Plan Global de Sostenibilidad

Posición CCUS de compañía

Precio interno de carbono

1a compañía Oil & Gas en emitir un bono verde

Priorización ODS de compañía

Metodología de análisis de inversiones Paris Compliant

Emisión bono sostenible

Primer reporte CDP

1a verificación de emisiones de GEI bajo ISO 14064

1a certificación del Sistema de Gestión de la Energía ISO 50001 (Refinería A Coruña)

Primer Sustainability Day

Adhesión a recomendaciones TCFD

Compromiso cero emisiones netas a 2050

  • Transparencia
  • Métricas y Objetivos
  • Adhesión a iniciativas
  • Organización
  • Estrategia