The PetrolPlaza audio version is presented to you by UNITI expo 2020, the leading retail petroleum and car wash trade fair in Europe.

United Nations and Repsol partner to promote sustainable development

The global agreement facilitates cooperation for a period of two years in close to 20 countries where both entities operate.

Last update:

Repsol and the United Nations Development Programme (UNDP) have signed a global agreement that facilitates advancement of sustainable development in close to 20-plus countries where both the entities operate. This is the first global agreement between UNDP and a company from the oil and gas sector.

The agreement will foster collaboration in support of community development and the protection of human rights, through initiatives that promote local economic and social progress as well as respect for the environment. As such, the partnership will support local communities in their efforts to achieve the Sustainable Development Goals (SDGs).

“Repsol considers sustainable development to be one of the company’s global goals, and the agreement with UNDP demonstrates our high standards,” said Fernando Ruiz, Director of Sustainability at Repsol.

The collaboration between Repsol and UNDP has an initial duration of two years and identifies four areas of work— exchange of information and analysis to identify potential collaborative projects; engage community stakeholders in participatory dialogue to define local development priorities; support concrete projects that ensure sustainable development; and sharing of knowledge and experiences of how the extractive industries can support towards the achievement of the SDGs.

Related contents