REPSOL S.A.
REP.XETRA | Manufacture of refined petroleum products
Repsol S.A. is an integrated global energy company involved in the exploration, production, refining, and marketing of oil and gas. The company operates through various segments, including Upstream (exploration and production of crude oil and natural gas), Downstream (refining, marketing, and transp...Show More
Better Health for All
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Repsol's operations have generated negative health externalities. In January 2022, an oil spill of 11,900 barrels affected 11,637 hectares in Peru, impacting marine protected areas and causing over 50% mortality of affected animals.
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Repsol had previously been sanctioned for an oil spill in 2013, for exceeding industrial liquid effluent limits and failing to monitor air quality in 2016, and for failing to monitor chemical effluents in 2018.
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The company also monitors dust emissions in Bolivia and implements mitigation measures like periodic road watering.
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Fair Money & Economic Opportunity
0
Repsol S.A. is an integrated global energy company. The provided articles detail its financial performance, sustainability targets, digital innovation, and regulatory actions related to alleged anti-competitive practices. There is no evidence in the articles to suggest that Repsol offers lending, deposit, insurance, or other financial services to consumers or businesses that would fall under the scope of 'Fair Money & Economic Opportunity'. Therefore, all KPIs related to financial products, services, or their impact on economic opportunity for underserved populations are scored as 0, indicating that these activities are not applicable to the company's core business as evidenced.
Fair Pay & Worker Respect
0
No specific, quantitative evidence was found across the provided articles to score any of the KPIs related to Fair Pay & Worker Respect for Repsol S.A.
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The available data either pertained to a subsidiary (Repsol Resources UK)
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without indicating company-wide scope, or lacked the necessary quantitative detail to meet the rubric's thresholds for the parent company.
Fair Trade & Ethical Sourcing
50
In 2024, 85% of Repsol's total procurement was arranged with local suppliers.
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The company's Human Rights Report details a human rights due diligence process, including risk assessments, grievance mechanisms, and remediation plans.
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Repsol's Supplier Code of Ethics outlines expectations for suppliers regarding ethical conduct and human rights, and the company states it includes ethical sourcing clauses in contracts and conducts social audits.
3
Honest & Fair Business
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Repsol received a 73/100 score in its EcoVadis sustainability assessment.
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The company's Ethics and Compliance Channel received 91 communications in 2022, indicating a policy exists with a hotline, but there is no evidence of independent investigation processes.
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Repsol's Consolidated Statement of Non-Financial Information for 2022 is subject to a limited assurance engagement, covering 100% of Scope 1, 2, and 3 emissions.
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The company has an Integrity Policy and a comprehensive compliance management model in place.
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Third-party verification of Scope 1, 2, and 3 emissions is conducted using the ISAE3000 standard (limited assurance).
5
Kind to Animals
-50
Repsol's operations directly caused significant habitat destruction and wildlife mortality. An oil spill in Peru in January 2022 released 11,900 barrels of oil, affecting 21 beaches, 11,637 hectares of land, and 1,186,965 square meters of ocean area, including 512 hectares of Guaneras Islands and 1,800 hectares of Ancón Reserved Zone.
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This event resulted in an estimated animal mortality of over 50%.
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While Repsol also engages in conservation initiatives, such as the reintroduction of 5 Bonelli's eagles in 2022 and the restoration of 3 hectares of coral reefs in Mexico in 2022,
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the direct and severe habitat destruction with documented wildlife mortality from the oil spill aligns with the lowest tier for this KPI. The provided articles do not offer a percentage of revenue invested in conservation, which is required for other tiers.
No War, No Weapons
0
The provided articles, including Repsol's 2024 Integrated Management Report, 2023-2024 ESG Engagement Report, 2022 Integrated Management Report, 2024 Human Rights Report, and general sustainability reports, do not contain specific, quantifiable data points relevant to any of the 'No War, No Weapons' KPIs. Information regarding arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, conflict divestment policy, board oversight of defense activities, export end-user certificates, lobbying opposing arms control, humanitarian procurement compliance, human rights due diligence in conflict areas, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use screening, surveillance transparency, ethical red lines, zero exposure to controversial weapons, war risk audits, annual conflict partner reviews, defense divestment, conflict minerals, peace tech investment ratio, or conflict zone procurement is not provided.
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Planet-Friendly Business
-40
Repsol has committed to a net-zero emissions target by 2050, with interim Carbon Intensity Indicator (CII) reduction targets of 15% by 2025, 28% by 2030, and 55% by 2040.
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A new absolute Scope 1, 2, and 3 emissions reduction target (based on sales) is also being set, with a 20% reduction target by 2030 (from a 2018 baseline) and Net Zero by 2050.
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The company's capital expenditure aligned with the EU Sustainable Taxonomy was 32% in 2023.
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Repsol has committed to implementing TCFD recommendations and signposts TCFD-aligned disclosures in its annual reporting.
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It has conducted climate-scenario planning, including a 1.5°C scenario.
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Repsol has also committed to Just Transition principles, including retaining, retraining, and redeploying workers affected by decarbonization efforts, and has a Just Transition plan developed in consultation with stakeholders.
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However, the company has incurred significant environmental penalties, totaling over $130 million since 2000, with the top offense being water pollution violations.
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Respect for Cultures & Communities
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Repsol conducts human rights impact assessments, including specific assessments for indigenous communities, and has an internal guide for this purpose.
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However, the consistency of implementation across all operations is not specified. The company states that 81% of its purchases were made locally, and 86% of its suppliers are local.
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Repsol mentions efforts to recruit local workers, but no specific local employment ratio is provided.
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Grievance mechanisms are available at the operational level, adapted to local contexts, and accessible in local languages, but the coverage percentage across all sites is not provided.
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Repsol verifies community acceptance and actively seeks consent of affected communities, but no specific FPIC participation rate is given.
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The company conducts archeological impact assessments and hands over artifacts to local authorities.
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Repsol works to maintain its social license to operate, but the percentage of operations with a documented social license is not specified.
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The company provides cultural sensitivity training for employees, but the completion rate is not provided.
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Safe & Smart Tech
-30
Repsol faced a 1.38 million euro GDPR fine in July 2025 for illegal use of customer data and security failures.
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This follows a cyberattack in September 2024 affecting personal data of electricity and gas customers.
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A 46GB data breach at Repsol Sinopec occurred in July 2023, but its scope for Repsol S.A. is not specified.
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The company has invested 4 billion euros in data centers near Zaragoza, Spain, but no cybersecurity investment as a percentage of revenue is provided.
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Repsol uses Zscaler to prevent 7 million policy violations per quarter and has secured 80% of digital transactions across multiple cloud environments.
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Critical vulnerabilities are patched within 30-45 days on average. Repsol has a Competence Center for GenAI to ensure compliance with AI regulations and aims to establish a responsible framework for AI use, guided by principles emphasizing privacy, data governance, security, transparency, fairness, and human oversight.
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Biometric authentication is implemented for employee access to sensitive data and systems, and CyberArk secures privileged identities for over 300 remote vendors across 9 countries and 17 OT environments.
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More than 11,000 employees completed digital training, investing over 35,000 hours, including on generative AI and cybersecurity.
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Repsol prioritized data classification in preparation for company-wide digitization.
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Zero Waste & Sustainable Products
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Repsol incorporates 60% recycled plastic content in its packaging
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, and some LDPE products will contain 80% recycled content from a new production line.
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The company has not provided specific figures for single-use plastic reduction.
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Circular design principles are applied throughout the value chain, from raw materials to products
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, and eco-design principles are applied to lubricant packaging.
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Waste reduction initiatives include bioremediation and composting, which have treated over 500 tonnes of soil and generated more than 75 tonnes of compost since 2019.
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Hazardous waste management includes bioremediation projects for soils containing hydrocarbons.
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All petrochemical complexes have ISCC Plus certification for the production of circular polymers.
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The company has not reported any waste disposal violations in the past three years.
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Repsol has company-wide waste reduction targets aligned with the European Green Deal and the Spanish circular economy strategy.
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The company collaborates with suppliers of high-quality plastic waste.
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No specific material efficiency data is provided, indicating industry average.
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