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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Our tax policy disallows the use of opaque or artificial structures that conceal or reduce the transparency of activities. Therefore, the Repsol group undertakes the commitment to have no presence in tax havens and, if any, to be transparent in any activities performed there.
Our presence in these territories does not respond to the purpose of limiting transparency of activities or performing unlawful or undesirable practices, but rather it is guided by legitimate business reasons and follows the sector's common standards.
The definition of a tax haven or non-cooperative jurisdiction is not a peaceful matter. Many lawmakers make an effort to maintain lists of territories that, either by allowing the avoidance of taxes or by facilitating the opacity of investments, qualify as “tax havens.” Our Company considers "tax havens" those jurisdictions classified as such by Spanish and EU regulations and according to the OECD's criteria.
At the same time, some NGOs concerned with responsible business practices also prepare their own tax haven lists based on different criteria and objectives. At Repsol, we selected some of these listings, due to their public outreach or representativeness, and have classified the countries included in them as "controversial jurisdictions."
In an effort to bolster transparency, we publish important information regarding our activity in non-cooperative jurisdictions and "other controversial jurisdictions." Repsol’s presence in these territories is not relevant as its revenues are immaterial (less than 0.02% of the Group's turnover) and is not intended to conceal or reduce the transparency of its activities.
The Repsol Group has active presence in only two tax non-cooperative jurisdictions: Barbados and Trinidad & Tobago, which under no circumstances is intended to limit the transparency of its activities.
We participate in the social and political debate on the equity and transparency of tax systems and the tax contribution of companies. Moreover, we maintain an active dialogue with governments, international organizations, such as the UN and the OECD, and leading NGOs concerned with these matters including Intermon OXFAM, Tax Justice Network, and Spain's Corporate Social Responsibility Observatory.Repsol's Code of Ethics and Business Conduct, approved by the Board of Directors of Repsol, S.A., regulates our behavior model in all of our activities and operations beyond what is legally required of us.
As part of this compliance culture, we have a zero-tolerance policy regarding criminal behavior and the obligation to prevent and reduce any criminal risks the Company may face. This includes prohibiting bribery of public officials and any other type of improper payment to government entities such as the private sector, money laundering, or engaging in improper practices that may limit free and open competition.
We also have our own mechanisms aimed at preventing corruption such as our Anti-Corruption Policy, Crime Prevention Model, and System of Internal control over Financial Reporting.