One of the largest energy companies, present in the entire value chain: exploration and production, transformation, development and commercialization of efficient, sustainable and competitive energy.
We are a multi-energy company operating around the globe. Our activities range from oil and gas exploration and production to refining as well as selling derived products and providing services for your everyday life, such as natural gas and electricity.
The people on our team represent our prime competitive advantage and guarantee the company's future. A flexible and committed team comprising over 25,000 employees, united by a shared vision and values.
Our facilities are a reflection of our values and company culture. Our smart buildings promote smooth communication and transparency between team members, while allowing them to be more efficient and versatile in their work.
Our brand reflects our efficient, modern, responsible, and transparent management style which characterizes our company. Moreover, it conveys our values and builds trust.
A global, integrated company with over 90 years of history seeking to supply society's energy needs.
At Repsol, we ensure integrity in the relationships the Company maintains with its suppliers and contractors. Our suppliers are a part of our team and working together enables us to continuously evolve.
We look for energy solutions that meet people's needs and safeguard their well-being. With our solid and diversified business undertakings, we stay one step ahead of the future.
Learn about our Company's annual performance in the area of sustainability.
Our priority is to minimize the environmental impact of our activities by optimizing water management, air emissions, waste management, and spill prevention and response, in addition to considering biodiversity a key element.
We work to be part of the solution to climate change. Our challenge: responding to the demand for energy both responsibly and sustainably.
Each and every one of our decisions aims to guarantee the safety of our workers, customers, users, and suppliers. We firmly believe that all accidents can be prevented, and we develop ever-improving prevention mechanisms.
Each and every one of the actions taken by the people who make up Repsol determine the present and the future of our company. Therefore, we train our employees in core values that must govern their behavior and communicate all of our actions in a way that's reliable, transparent, and verifiable.
We are committed to managing our tax affairs by applying good practices and acting transparently. We pay our taxes responsibly and efficiently, and we foster cooperation with governments, thus avoiding serious risks and unnecessary conflicts.
We make reasonable efforts to ensure that our activities do not have negative impact on human rights, and should they occur, we do everything we can to correct them. Moreover, we do everything within our power to prevent impacts directly related to the activities of our business relationships.
Sustainability is an essential part of our forward-looking vision and the shared commitment undertaken by every one of us at Repsol.
The Repsol Technology Lab is an example of one of the most cutting-edge private R&D models in Spain, based on open innovation, whose objective is to seek sustainable solutions to achieve a more efficient and competitive lower-carbon business.
Innovation is in our DNA. That's why we've taken on the ambitious challenge of transforming the energy sector through the passion of our professionals, people who question things to make them better.
We look for industrial startups that provide disruptive reliability and maintenance solutions, particularly those related to the prediction and detection of corrosion.
Innovation, open collaboration, and a connection with the entrepreneurial world within an environment designed for co-creation. Discover our Open Innovation program.
At Repsol, innovation is part of our DNA. That's why we support education in the technical science field in order to inspire future generations.
Soluciones energéticas 100% renovables: energía solar y electricidad para particulares, empresas y entidades públicas.
Global, integrated, sustainable, and present throughout the entire value chain. These are just some of the compelling attributes that make us as an attractive company.
Useful documents to follow the company's profitability and sustainability-related measures and initiatives.
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We recognize companies' role as agents of change that must respect human rights and all applicable laws. We are aware that, due to the nature of our activities and the conditions in some of the environments where we operate, there are some areas with a greater risk of impacting human rights concerning:
1. Freedom of association and protection of the right to organize
2. Right to organize and right to collective bargaining
3. Forced labor
4. Abolition of forced labor
5. Minimum age
6. Worst forms of child labor
7. Equal pay
8. Discrimination (employment and occupation)
We are committed to respect, anticipation, creation of value, and efficiency. These guidelines for action form the framework that guides the basic behavior of all of our employees. Ethical conduct is essential, and as approved by our Board of Directors, our code applies to all Repsol board members, directors, and employees, regardless of the type of professional or work contract they have. Suppliers and partners are also required to abide by our regulations and behave ethically at all times to establish legitimate and productive relationships with their own suppliers and other companies with which they maintain a contractual relationship.
We create an environment based on trust and respect for human rights among our employees and communities, which enables our employees, neighbors, and even human rights defenders to communicate their complaints without fear of retaliation.
We promote our grievance mechanisms as the preferred means of conflict resolution with our stakeholders without recourse to legal proceedings and on the basis of the essential premise that we respect their rights. Moreover, we exhort our contractors and partners to strictly comply with these principles by including human rights clauses in our contracts, while performing social audits and supporting them through awareness-raising activities.
An example of this is our communication success story regarding the human rights policy aimed at our contractors in Bolivia.
These codes set out a variety of rights, including:
Our policies, approved by our Corporate Executive Committee, are respectful of the communities in our area of influence. We respect their identity, cultural diversity, different aspirations and needs, and their right to maintain their customs and social practices as laid out in our policy.
We work to provide increased security to shareholders, customers, employees, and other stakeholders by anticipating, managing, and controlling the risks to which the company is exposed.
We are proud that we have mechanisms in place to help us work with due diligence in the area of human rights. We've had a specific internal policy on human rights since 2013. The assessment regulations are especially important in ensuring that human rights risks are identified throughout the life cycle of our projects, from design to dismantling. According to the United Nations Guiding Principles, due diligence is the process that helps us assess the real and potential effects of our activities. In accordance with due diligence, we analyze the context and specific social, economic, and cultural aspects in the countries where we operate, we assess our impacts, and we work under the commitment to maximize positive consequences while minimizing or mitigating the negative ones.
In order to attend to information requests, claims, concerns, and complaints from the communities in our areas of influence, at Repsol we set up operational-level grievance mechanisms in the countries where we are present, adapted and accessible in the appropriate languages for every context.
These operational-level grievance mechanisms are a contribution to fulfilling the responsiblity to respect human rights that all companies have and provide feedback on the effectiveness of the human rights due diligence process. Additionally, these mechanisms allow us to anticipate and respond to relatively minor incidents to be remediated early and directly, thereby preventing harms from compounding and grievances from escalating.