Environmental and social performance
Environmental and social performance
We are part of the Executive Committee at Ipieca – the global oil and gas association for environmental and social issues.
Just transition
We work to offer affordable, safe, and environmentally-friendly energy products and services, as access to energy is key to economic development, boosting employment, and the society’s well-being
Our answer to mitigate climate change is to take measurable actions aimed at an energy transition, in alignment with the UN Sustainable Development Goals. We are committed to becoming a net zero emissions company by 2050, and that is why we have laid out a path to decarbonization in line with the Paris Agreement. The use of all available or emerging technologies under the premise of technological neutrality is of crucial importance.
For Repsol, the energy transition can only be understood if it includes principles of efficiency, sustainability, and justice. This must be achieved with solutions that minimize the social and economic impact on workers, local communities, and society as a whole. And always based on respect for human rights, while paying special attention to the most vulnerable groups.
In our Sustainability Policy, we are committed to promoting a just energy transition.
"At Repsol, we are committed to providing safe, affordable, and sustainable energy, three factors essential to the development of a just energy transition."
Participating in the just transition
For years, Repsol has been part of different international organizations dedicated to this issue.
Environmental and social performance
We are part of the Executive Committee at Ipieca – the global oil and gas association for environmental and social issues.
Towards clean and equal energy
A multilateral initiative that seeks to support companies in making a just, people-centered energy transition.
United and committed to change
Together with 6 other companies, we participated in the development of a Company Action Framework for the private sector, aimed at raising awareness, promoting specific actions, and fostering collaboration on a Just Transition.
We share the four just energy transition framework pillars.
Learn about them, and discover some of the practices related to each one.