Better Health for All

YPF's core business in crude oil, natural gas, fuels, and petrochemicals, along with 85% thermal electricity generation by YPF LUZ,

means nearly all its products and services have significant negative health consequences, resulting in 90-100% of revenue from products with established serious health harms. The company generates substantial health-harming externalities, including 117,302 TN in total atmospheric emissions (2022) and 11.3 million tCO2e in Scope 1 and 2 emissions (2023). However, YPF implements substantial remediation efforts, such as a 2.2 million TnCO2 eq emission reduction, low NOX burners, and adapting refineries for low sulfur fuels. YPF provides excellent risk disclosures for its products, including safety data sheets prepared according to the Globally Harmonized System. The company has comprehensive internal mental health programs, with 3,726 participants in emotional health initiatives, and extensive substance use prevention programs for its workforce, supporting 116 individuals. YPF also demonstrates strong healthcare data responsibility, guaranteeing the confidentiality of workers’ health data and adhering to Argentina's Personal Data Protection Act. Despite these efforts, its health equity programs, such as a AR$ 3,000,000 donation for breast screenings for low-income individuals, represent minimal funding relative to its revenue. The company's R&D is not focused on health-related outcomes, and its products are not health-related, leading to neutral scores for price accessibility, health innovation investment, healthcare workforce support, pharma patent flexibility, and clinical trial ethics.

Fair Money & Economic Opportunity

The company reinvested approximately 0.497% of its AR$ 290,264 million fiscal year profit in 2022

through AR$ 1,421 million in voluntary social investment and AR$ 22 million in charitable donations . In 2017, its credit support for nine supplier companies amounted to 21 million pesos , representing approximately 0.036% of its AR$ 58 billion total investments for that year . For other financial services-related KPIs, such as pricing fairness, exploitative fee exposure, customer data accessibility, fair lending compliance, wealth building outcomes, financial literacy initiatives, customer debt burden ratio, geographic inclusion for financial services, and product simplicity, no relevant data was found as the company's core business is not consumer financial services.

Fair Pay & Worker Respect

YPF reported a Lost Time Injury Frequency Rate (LTIFR) of 0.23 per 200,000 hours in 2023, representing a 29% improvement compared to 2022.

Employees rate the company 4 out of 5 stars based on 1,812 reviews, with 82% recommending working there and 88% approving of the CEO.

Fair Trade & Ethical Sourcing

YPF reported no violations of human rights risks, including child labor or forced labor, for the 2024 reporting period.

The company employs strong supplier-monitoring systems, including regular audits and evaluations of partners, and utilizes a digital tool (GRIP) for managing third-party integrity risks, enhanced with AI to detect potentially risky transactions in service contracts and materials purchases.

Honest & Fair Business

YPF's board of directors has 5 independent members out of 11, representing 45.45% of the board.

The company achieved a score of 70/100 in the Dow Jones Sustainability Index in 2024 and a CSA score of 70. YPF maintains a comprehensive whistleblower policy, offering multiple reporting channels including an Ethics Hotline, and guarantees confidentiality, security, anonymity, and protection against retaliation for good-faith reports. All reports received are investigated through an internal confidential procedure. Furthermore, YPF has an anti-corruption policy that establishes zero tolerance for bribery and corruption, explicitly prohibiting facilitation payments. This policy applies to third parties, requiring their adherence to anti-corruption standards and including integrity clauses in agreements. All of YPF's businesses have mapped corruption risks, and an independent compliance department with its own budget and autonomy reports directly to the Audit Committee of the Board of Directors.

Kind to Animals

YPF invested US$ 543 million in Integrity and Environment in 2024, representing 2.814% of its US$ 19,293 billion sales revenue.

The company has forested 6,000 hectares in Neuquén and operates an ecological reserve where 345 birds were rehabilitated and released in 2024, and 1,355 animals were rehabilitated and released in 2022. YPF also conducts biodiversity studies in sensitive areas, maps endangered species, and collaborates on habitat restoration for endemic lizards.

No War, No Weapons

YPF's core business is explicitly defined as the exploration, development, production, refining, marketing, and distribution of crude oil and natural gas, with no mention of defense or arms-related activities.

The company's sustainability report mentions adherence to the UN Guiding Principles on Business and Human Rights.

Planet-Friendly Business

YPF's water intensity is 0.62 m³ per $1M revenue in 2023.

All operations have environmental impact assessments. However, the company's 2050 Net Zero ambition for Scope 1+2 operations lacks SBTi validation and specific interim milestones. Only 1.86% of its total operational energy consumption is sourced from renewables, although 55% of purchased electricity from Cammesa is renewable. The waste diversion rate is 17% for waste sent for recovery. YPF recorded one environmental compliance violation with a monetary value of US$64,503. The company aligns its disclosures with the TCFD framework and monitors global trends for proprietary climate scenarios, including 2°C pathways, but explicitly does not assess the sensitivity of hydrocarbon reserves to carbon price scenarios. Additionally, 10.2% of its water is sourced from water-stressed basins. A climate justice action plan was designed in collaboration with a local community.

Respect for Cultures & Communities

YPF has an Environmental, Social and Health Impact Assessment Policy, which includes a Social Risk Matrix with 15 human rights risk factors.

Environmental impact studies, mitigation plans, and annual monitoring reports are conducted for 100% of production sites. The company's Environmental and Social Impact Assessments comply with IFC international standards and include cultural heritage as an impact category.

Safe & Smart Tech

YPF provides European residents with GDPR rights, including the ability to know how personal information is processed, request correction, update, or deletion of data.

Users can also withdraw consent for data collection, disable cookies, and opt-out of email updates. The company states its compliance with the General Data Protection Regulation (GDPR) for European residents.

Zero Waste & Sustainable Products

YPF reported a waste reuse/recovery rate of 17% in 2024.

The company has set a company-wide target to valorize 25% of total waste generated by 2026. In 2024, YPF incurred US$64,503 in penalties for environmental regulation violations. Hazardous waste generation decreased by 23% in 2023 and 7% in 2024, with 100% of hazardous waste from the Ensenada Industrial Complex sent to third parties for elimination. YPF launched a "Circular Economy" project in 2019 to foster a company-wide culture based on this model and is developing sustainable petrochemical products using bio and/or circular origin raw materials. The company has implemented numerous waste reduction initiatives, including a 12% reduction in total waste generation in 2024, a 76% reduction in historical stock of soils with hydrocarbons between 2012 and 2020, and the valorization of 2,080 tons of wood. YPF includes comprehensive ethical, environmental, and social requirements in its General Conditions of Purchase and Hiring for all suppliers, with grading, monitoring, and audits. Customer waste education includes initiatives at petrol stations for reusing coffee grounds, lubricant container recovery, and used-vegetable oil final disposal.