We are committed to the fight against climate change. The proof is in our ambitious goal to achieve net zero emissions by 2050, not only those derived from our operations but also those generated in the consumption of our products. In addition, meeting climate change targets has a direct impact on the variable remuneration of all our employees.
In our strategic plan, we have developed a clear roadmap for reaching a significant amount of new low-emissions businesses.
We consider energy efficiency as one of the fundamental pillars in our ambition to reduce our emissions and energy intensity.
Actively taking part in the debate against climate change
We have increased our goal for our capacity of low-carbon electricity generation to 7,500 MW by 2025, which equates to an increase of 3,000 MW compared to our previous goal.
 Direct and indirect emissions are included from Upstream, Refining, and Chemicals businesses at our Industrial Facilities in Spain, Portugal, and Peru, as well as from the low-emissions electricity generation of our subsidiary Repsol Electricidad y Gas.
Also included are emissions associated with the use of our products corresponding to our oil and gas production in Upstream operations. Emissions corresponding to the biofuels used in said oil production is also taken into account.
 Energy corresponding to oil and gas production in our Upstream businesses is included. Energy corresponding to the biofuels used during oil production is also taken into account.
Chemical products are considered carbon sinks, and although they are not strictly energy products, the energy of the oil necessary for their production is taken into account. Energy from the generation of renewable and non-renewable (via natural gas) electricity sources is included.