Repsol

Ethics and Transparency

Business ethics are forged from the “ethos” or “character” of the company that is defined by the values governing its actions. Transparency refers to the displaying of accounts to all the company’s stakeholders. Both are prior requirements to be able to gain the approval and trust of the company.

Our regulations

Our Ethics Regulation establishes the guidelines for the everyday conduct of Repsol YPF and its employees, who should in turn endeavor to ensure that these regulations are observed by our suppliers and contractors.

Ethical conduct

Created in 2006, the Ethics Committee oversees compliance with the prevailing regulations in all company spheres.

Financial transparency

Repsol plays an active role in the Extractive Industries Transparency Initiative EITI.

Preventing corruption

Repsol has rigorous control procedures in place, and has developed a set of internal rules as a regulatory framework for assessing and controlling the risk of in-company corruption.