Climate change

Committed to sustainable development within 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.

Campus building facade

We aspire to become a net zero emissions company by 2050

We are working to become 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.

Committed for more than 25 years

We have been immersed for years in a process of transformation and diversification of our businesses, with the aim of working to lead the energy transition, through actions such as support for the Kyoto Protocol, issuing a green bond, or the goal of becoming a net zero emissions company by 2050.

Energy Efficiency Index at Consumption and Losses Group

GHG emissions reduction plan 2006 – 2013

GHG emissions reduction plan 2014-2020

GHG emissions reduction plan 2018 – 2025

Methane emissions and routine flaring reduction targets by 2025

Carbon Intensity Indicator target

Assessing Repsol’s participation in industry initiatives and associations: Climate Change

2021-2025 GHG emissions reduction plan

Absolute emissions reduction targets

Reinforced targets for methane and carbon intensity indicator

Update of the 2024-2027 Strategic Plan

Energy management at Industrial Area

Climate Change Unit

Energy Efficient Coordination Area

Energy Ventures

Sustainability Committee

1992
2002
2003
2005
2006
2007
2008
2009
2010
2011
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023

IPIECA

OGCI

Support Paris Agreement. Paris Pledge for Action

Zero Routine Flaring by 2030 - World Bank

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

Methane Guiding Principles

OGMP 2.0 (Oil&Gas Methane Partnership ) endorsement

Signing of the OGDC – net zero Scope 1+2 by 2050

1st climate change position

1st carbon strategy

Energy efficiency policy

1st employees’ variable remuneration linked to a GHG emissions reduction target

Global Sustainability Plan

CCUS position

Internal carbon pricing

1st O&G company issuing a green bond

SDG priorization

Paris Compliant investment analysis methodology

Sustainable bond issuance

1 st CDP report

1st GHG emissions verification under ISO 14064-1 standard

1st Energy Management System certification under ISO 50001 standard (A Coruña Refinery)

First Sustainability Day

TCFD recommendations

Repsol net zero emission by 2050

First Natural Gas MiQ certification

First Scope 3 emissions of assets under ISO 14064-1

  • Transparency
  • Metrics and Targets
  • Adhesion to initiatives
  • Organization
  • Strategy