Repsol YPF

Indexes and Recognition of Sustainability

Initiatives

A sign of Repsol YPF´s commitment to society is its adhesion to initiatives, both national and international, with objectives that seek to spread and promote the best practices in this sphere.      

The Global Compact

Since 2003, Repsol YPF has formed a part of the United Nations Global Compact, an ethical commitment initiative the objective of which is that companies incorporate, ten principles related to human rights, ten principles relating to human rights, labour regulations, the environment and fighting against corruption as an integral part of their strategy and operations,. The Global Compact was launched by United Nations Secretary General Kofi Annan in 1999, and began operating in 2000.

Repsol actively works to promote these principles, and was recognised as having done so with a “Notable COP”, (Communications On Progress) assessment for the Communication on progress, awarded to those reports which,  in the Global Compact Office’s opinion, best reflect the compliance with  of these principles. In addition, Repsol YPF participates in promoting the Global Compact Principles with local promotion groups in Spain (2003), Argentina (2004) and Bolivia (2006).

- www.unglobalcompact.org
- www.pactomundial.org
(Spanish Global Compact Association)
- www.undp.org.ar/Actividades/25/
(Global Compact)

World Business Council for Sustainable Development

In 2006, the company joined the World Business Council for Sustainable Development (WBCSD), an international council which promotes the involvement of its members in sustainable development. Through the la Fundación Entorno, a regional organisation of the WBCSD, Repsol YPF works in various different programmes such as the programme on climate change or the programme on the role of companies.

- www.wbcsd.org
- www.fundacionentorno.org

Extractive Industries Transparency Initiative

The Extractive Industries Transparency Index (EITI) was launched during the World Summit on Sustainable Development in 2002. Its objective is to promote transparency in payments made by extractive industry companies to governments and thereby contribute to these funds being reinvested into population welfare.

- www.eitranparency.org

Corporate Reputation Forum

Repsol YPF forms part of the Corporate Reputation Forum (fRC) which was founded in 2002 and incorporates a further 11 companies. Its objective is to cooperate and develop joint projects for value creation through intangible asset management. Among the most notable actions in 2006 is the “”015 a better world for Joanna,” a project aimed at promoting and publicising the Millennium Development Objectives among the interest groups of fRC companies and demonstrating the role tat they could play in achieving them.

- www.reputacioncorporativa.org
- www.2015unmundomejorparajoana.com

Recognitions

The efforts of Repsol YPF on incorporating corporate responsibility into its company strategy and management were recognised by the market.

Dow Jones Sustainability Indexes

Repsol YPF joined the prestigious Dow Jones Sustainability Indexes in 2006, becoming part of the Dow Jones Sustainability Index World and Dow Jones Sustainability Index STOXX.

www.sustainability-indexes.com

FTSE4GOOD INDEX SERIES

Since 2003, Repsol YPF has formed part of the FTSE4Good index, which together with the Dow Jones Sustainability Indexes, are considered the strictest and most prestigious in the world. 

www.ftse.com/Indices/FTSE4Good_IndexSeries/

Carbon Disclosure Project

Carbon Disclosure Project. In 2006, Repsol YPF was included in the Climate Leadership Index and declared to be the “Best in Class” for its strategy and policy of transparency on climate change

www.cdproject.net

BEST IN CLASS environmental and social performance Storebrand

It has also received good evaluations from analysts for socially responsible investment, also being considered as one of the “Best in Class” by Storebrand.

www.storebrand.com

Programa Optima

Repsol YPF was recognised by the Institute of Women, of the Ministry for Work and Social Affairs in Spain, as a collaborating entity for equal opportunities between women and men.

www.ttmtas.es/optima