Repsol is investing today in the people and technology that will be necessary to transform the company and the industry towards a low-carbon future, where talent and a shared commitment to sustainability will be the key to long-term success.
With activity in 29 countries and a team of more than 24 thousand people around the world, Repsol is an international multi-energy powerhouse that is driving the energy transition.
The company, which discovers, develops and distributes energy, is deploying cutting-edge technology, innovative ideas, and new ways of working to ensure access to reliable, affordable and sustainable energy in a low carbon future.
Repsol is transforming at all levels, which is opening up new opportunities for people from diverse backgrounds and disciplines to join the journey and make an impact.
Repsol’s commitment to the energy transition is a reality that is already underway. Reflecting its forward-thinking culture, the company is acting now to position itself, its employees and its assets to make meaningful contributions to the energy transition with positive results.
The company is taking steps to reduce emissions from its upstream operations, become more efficient in the way it produces hydrocarbons, and become a leader in potential low-carbon geological solutions, such as carbon capture and storage (CCS) and geothermal, leveraging their technical experience and knowledge of the subsoil. This strategy reflects a growing trend in the energy industry to reuse established processes and technologies to develop new ways of managing energy production and consumption more efficiently, with international companies such as Repsol at the forefront.
Repsol has set tangible objectives to measure its progress and ensure that the company is meaningfully supporting the energy transition. The company has said that it aims to reduce the total emissions of its operated assets by 75% in 2021-2025 and reduce its methane emissions intensity by 85% in 2025 compared to 2017. To maximize the impact of its efforts, Repsol has also joined forces with other peers and like-minded industry organizations, such as the Oil and Gas Climate Initiative (OGCI), the World Bank’s Zero Routine Flaring Initiative and the Methane Guiding Principles. The company regularly contributes to international collaborations, including academic and technical consortia, to drive knowledge exchange and better equip the energy industry to work coherently towards decarbonization and energy efficiency.
In the coming decades, hydrocarbons will continue to be necessary to meet the energy needs of the world’s growing population in a fair and equitable manner. At the same time, as the world seeks to achieve the goals of the Paris Agreement, companies like Repsol, with technical expertise, cutting-edge technology and an unwavering commitment to innovation, will play a crucial role in leading the energy industry towards the necessary decarbonization.
Succeeding on this dynamic and challenging journey will require exceptional knowledge, talent and commitment from energy professionals today and in the future. Repsol’s people are what truly differentiates the company: a remarkable international team, committed and aligned with its vision.
At Repsol, talent and diversity are encouraged and celebrated, with a wide range of unique opportunities for employees and those who want to join Repsol and accelerate the energy transition. From a perspective of internal talent development, Repsol is committed to a model based on the learning and development of key competencies and skills (upskilling and reskilling), which provides the opportunity to participate, first-hand, in challenging projects within the framework of energy transition and have a diverse career in a company that is present throughout the energy value chain. Their model is also based on meritocracy and recognition of sustained key team contributions.
Beyond professional development options, Repsol is seen as a good place to work. This was recognized by 80% of its employees in the last culture survey, who valued the solidity of its company project, a culture based on respect and relationships of trust, with a safe work environment. Not to mention a competitive and adaptable compensation and benefits package and a people care strategy that provides holistic coverage of physical and emotional health. Repsol also has a clear commitment to new ways of working that promote not only productivity, but also conciliation and team cohesion.
In essence, Repsol demonstrates a deep commitment to promoting the progress and well-being of society, seeking to add value wherever it is present, through respect for people and the planet. To achieve net zero emissions by 2050, Repsol is investing today in the people and technology that will be necessary to transform the company and the industry towards a low-carbon future, where talent and a shared commitment to sustainability are the key to success.
