Repsol
What do our scores mean?
The organizational score represents the degree to which the organization influencing climate policy and legislation. Corporations also have relationship scores reflecting their links with influencers like trade associations. Both are combined to place the corporation in a performance band. Full details can be found here.
Update August 2021: If limited evidence had been collected either on a company's direct policy engagement (Organization Score) or industry association links (Relationship Score) this is signified with an ‘n/a’ (not available). If limited evidence has been collected in both areas, the Total Score is also given as n/a. Full details and links back to any primary evidence that has been collected can still be located on the company’s profile.
Engagement Intensity
The engagement intensity (EI) is a metric of the extent to which the company is engaging on climate change policy matters, whether positively or negatively. It is a number from 0 (no engagement at all) to 100 (full engagement on all queries/data points). Clearly energy companies are more affected by climate regulations and will have a higher EI than, for example retailers. So an organization’s score should be looked at in conjunction with this metric to gauge the amount of evidence we are using in each case as a basis for scoring. On our scale, an EI of more than 35 indicates a relatively large amount of climate policy engagement.
Relationship Score, December 2020
A new batch of industry associations has been uploaded onto the InfluenceMap system and the relationship scores recalculated accordingly.
Updated terminology, February 2021
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
- Details of Organization Score
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What do the 0,1,2 and NSs, NAs mean?
Each cell in the organization's matrix presents a chance for us to assess each data source against our column of climate change policy queries. We score from -2 to 2, with negative scores representing evidence of obstructive influence. "NA" means "not applicable" and "NS" means "not scored" - that is we did not find any evidence either way. In both cases, the cell's weighting is re-distributed over others. Red and blue cells represent highly interesting negative or positive influence respectively. Full details can be found here.
- Details of Relationship Score
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What is the Relationship Score
A corporation, as well as its organizational score will have a relationship score. It is computed by aggregating the organizational scores of the Influencers (trade bodies etc.) it has relationships with, weighted by both the strength of these relationships and the relative importance of the Influencers towards climate change policy. Full details can be found here.
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QUERIES
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DATA SOURCES | ||||||
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Main Web Site
The main organizational Web site of the company and its direct links to major affiliates and attached documents. |
Social Media
We search other media and sites funded or controlled by the organization, such as social media (Twitter, Facebook) and direct advertising campaigns of the organization. |
CDP Responses
We assess and score responses to two questions from CDP's climate change information request (12.3 a & 12.3c) related to political influence questions (currently these are not numerically scored by the CDP process). |
Legislative Consultations
Comments from the entity being scored on governmental regulatory consultation processes, including those obtained by InfluenceMap through Freedom of Information requests. |
Media Reports
Here we search in a consistent manner (the organization name and relevant query search terms) a set of web sites of representing reputable news or data aggregations. Supported by targeted searches of proprietary databases. |
CEO Messaging
Here we search in a consistent manner (the CEO/Chairman, organization name and relevant query search terms) a set of web sites of representing reputable news or data aggregations. Supported by targeted searches of proprietary databases. |
Financial Disclosures
We search 10-K and 20-F SEC filings where available, and non US equivalents where not. . |
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Communication of Climate Science
Is the organization transparent and clear about its position on climate change science? |
1
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NS | NS | NS | NS | NS | NS |
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Alignment with IPCC on Climate Action
Is the organization supporting the science-based response to climate change as set out by the IPCC? (the IPCC) |
1
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1
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NA |
1
|
1
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0
|
NS |
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Supporting the Need for Regulations
To what extent does the organization express the need for regulatory intervention to resolve the climate crisis? |
0
|
0
|
NS | NS |
1
|
0
|
NS |
|
Support of UN Climate Process
Is the organization supporting the UN FCCC process on climate change? |
1
|
NS | NS | NS |
2
|
1
|
NS |
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Transparency on Legislation
Is the organisation transparent about its positions on climate change legislation/policy and its activities to influence it? |
-1
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NA |
2
|
NA | NA | NA | NS |
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Carbon Tax
Is the organisation supporting policy and legislative measures to address climate change: carbon tax. |
NS | NS | NS |
0
|
NS |
1
|
NS |
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Emissions Trading
Is the organisation supporting policy and legislative measures to address climate change: emissions trading. |
NS | NS |
-1
|
-1
|
NS |
1
|
NS |
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Energy and Resource Efficiency
Is the organization supporting policy and legislative measures to address climate change: energy efficiency policy, standards, and targets |
0
|
NS |
-2
|
-2
|
NS | NS | NS |
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Renewable Energy
Is the organization supporting policy and legislative measures to address climate change: Renewable energy legislation, targets, subsidies, and other policy |
NS | NS |
0
|
0
|
NS | NS | NS |
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Energy Transition & Zero Carbon Technologies
Is the organization supporting an IPCC-aligned transition of the economy away from carbon-emitting technologies, including supporting relevant policy and legislative measures to enable this transition? |
0
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1
|
0
|
0
|
NS |
0
|
NS |
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GHG Emission Regulation
Is the organization supporting policy and legislative measures to address climate change: GHG emission standards and targets. Is the organization supporting policy and legislative measures to address climate change: Standards, targets, and other regulatory measures directly targeting Greenhouse Gas emissions |
1
|
1
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1
|
0
|
2
|
-1
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NS |
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Disclosure on Relationships
Is the organization transparent about its involvement with industry associations that are influencing climate policy, including the extent to which it is aligned with these groups on climate? |
0
|
NS |
1
|
NA | NA | NA | NS |
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Senior executive of Repsol is a member of the executive committee of Cefic
José Luis Bernal Catalan
Open PDF file of Data Source
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Senior Executive of Repsol is a member of the executive committee of Cefic
Juan Carlos Ruiz
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Senior executive of Repsol is a member of the executive committee of Cefic
José Luis Bernal Catalan
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Senior Executive of Repsol is a member of the executive committee of Cefic
Juan Carlos Ruiz
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Peter Medlam, the Director of Canada Business Unit at Repsol, is a board member of CAPP.
Peter Medlam
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
A subsidiary of Repsol, Repsol Oil & Gas Canada Inc, are a member of CAPP.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Peter Medlam, the Director of Canada Business Unit at Repsol, is a board member of CAPP.
Peter Medlam
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
A subsidiary of Repsol, Repsol Oil & Gas Canada Inc, are a member of CAPP.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Rocio Bermúdez, the Head of Tax Global Practices and Transfer Pricing for Repsol, was appointed as a vice-chair to the ICC Commission on Taxation in July 2020.
Rocio Bermúdez
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol CEO is a Member of the ICC G20 CEO Advisory Group
Antonio Brufau
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Rocio Bermúdez, the Head of Tax Global Practices and Transfer Pricing for Repsol, was appointed as a vice-chair to the ICC Commission on Taxation in July 2020.
Rocio Bermúdez
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol CEO is a Member of the ICC G20 CEO Advisory Group
Antonio Brufau
InfluenceMap Data Point on Corporate - Influencer Relationship
InfluenceMap Comment:
Deputy CEO of Repsol is President of FuelsEurope
Luis Cabra
InfluenceMap Data Point on Corporate - Influencer Relationship
InfluenceMap Comment:
Repsol is a direct member of FuelsEurope
InfluenceMap Data Point on Corporate - Influencer Relationship
InfluenceMap Comment:
Deputy CEO of Repsol is President of FuelsEurope
Luis Cabra
InfluenceMap Data Point on Corporate - Influencer Relationship
InfluenceMap Comment:
Repsol is a direct member of FuelsEurope
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a member of IOGP. The organization has currently 82 members.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a Direct Member of IAOGP
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a member of IOGP. The organization has currently 82 members.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a Direct Member of IAOGP
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
The Chief Executive Officer of Repsol J. Jon Imaz is a member of NPC.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
CEO of Repsol is a member
J. Jon Imaz
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
The Chief Executive Officer of Repsol J. Jon Imaz is a member of NPC.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
CEO of Repsol is a member
J. Jon Imaz
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol has a membership in the Canadian Chamber of Commerce.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
a subsidiary of Repsol is a member of CCoC
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol has a membership in the Canadian Chamber of Commerce.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
a subsidiary of Repsol is a member of CCoC
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a strategic partner of IATA.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a strategic partner of IATA
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a strategic partner of IATA.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a strategic partner of IATA
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a member of IETA. As of December 2020, IETA has over a hundred members.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a member of IETA
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a member of IETA. As of December 2020, IETA has over a hundred members.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a member of IETA
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol has identified that there are some differences between it and API on some climate policy issues in it's review of industry associations. Repsol does not appear to have put API on clear, time-bound review to make changes.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is one of over 100 Direct Members of API
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol has identified that there are some differences between it and API on some climate policy issues in it's review of industry associations. Repsol does not appear to have put API on clear, time-bound review to make changes.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is one of over 100 Direct Members of API
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol Quimica is an indirect member of MEDEF through the association PlasticsEurope which is a member of France Chimie
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol Quimica is an indirect member of MEDEF through the association PlasticsEurope which is a member of France Chimie
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a member of the IBP through a joint partnership with Sinopec, and participates in several of its boards and committees
Mariano Ferrari, Gilberta Lucchesi, Andrés Sannazzaro
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Repsol is a member of the IBP through a joint partnership with Sinopec, and participates in several of its boards and committees
Mariano Ferrari, Gilberta Lucchesi, Andrés Sannazzaro
How to Read our Relationship Score Map
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Climate Lobbying Overview: Repsol appears to show mixed support for progressive policy to respond to climate change. Although its top-line messaging is broadly supportive of the need to reduce emissions and it has stated for the Paris Agreement and EU Green Deal, Repsol has shown much more mixed support for specific climate regulations and policies. Repsol does not appear to be fully supporting a transition away from fossil fuels in line with IPCC guidelines; although it has advocated for switching from coal to natural gas in the energy mix, it appears to view natural gas as a long-term energy source rather than as a transition fuel.
Top-line Messaging on Climate Policy: Repsol appears broadly supportive of the need for climate policy in its top-line messaging. In 2018, Repsol stated support for the Paris Agreement and is a signatory of the Paris Pledge for Action. In 2020, Repsol has stated support for the need to reduce GHG emissions in order to limit global temperature increase to 2°C, and in May 2020, Repsol appeared to support the EU Green Deal target of reaching climate neutrality by 2050. In November 2019, Repsol committed to support and lobby for “effective measures across all areas of public policy that aim to mitigate climate change risks”. In June 2019, CEO Josu Imaz called for governments to set “economically meaningful” carbon pricing policies, including carbon tax and emissions trading, in a joint statement. However, in July 2019, in an op-ed, Chairman Antonio Brufau criticized the “demonisation of fossil fuels” and warned that climate change regulation could damage the EU’s industrial competitiveness.
Engagement with Climate-Related Regulations: Repsol appears to have shown mixed support for specific policies to reduce emissions. In Repsol’s response to the EU consultation on the 2050 climate law in February 2020, it was unclear if Repsol supported the interim 2030 GHG reduction target of 55%. In its 2019 CDP disclosure, Repsol also stated that it is opposed to an EU 2030 energy efficiency target, expressing preference for a single target to reduce GHG emissions. For the same reason, it appears to oppose an EU 2030 renewable energy target.
However, in August 2020, Repsol appeared to support the direct regulation of methane emissions as part of the EU methane strategy, and appears to support similar regulation in other regions that it operates in, such as Alberta. In April 2020, Repsol appeared to support the EU carbon border adjustment mechanism intended to help avoid carbon leakage, whilst arguing that the existing free allocation system that provides exemptions for trade-exposed industries under the ETS should be maintained. In February 2021, Respol submitted a EU consultation response on the revision of performance standards for cars and vans, where it appeared to support a later 2040 EU phase out date compared to the proposed 2035 date, as well as appearing to support a technology neutral approach to decarbonizing road transport while supporting the inclusion of ICE vehicles using biofuels and CCS fuels as "zero-emission vehicles".
Positioning on Energy Transition: Repsol appears to have a mixed position on the transition of the energy mix. In top-line statements, Repsol has repeatedly communicated support for a transition to a low-carbon energy mix, i.e. in July 2020. In August 2020, it appeared to support switching from coal to gas as a means to cut carbon emissions. However, in Repsol's 2020 climate change roadmap, Repsol appeared to support a long-term role for gas in the energy mix without clear conditions related to the use of carbon capture and storage as a means to abate CO2 emissions. Furthermore, in its 2019 CDP disclosure, Repsol appeared to oppose the exclusion of the oil and gas industry from the EU sustainable finance taxonomy, which gives guidelines for investors over which investments can be deemed sustainable.
Industry Association Governance: Repsol has disclosed a list of industry association memberships, albeit with limited detail regarding how Repsol is engaging with these groups or what their climate policy positions are. In May 2020, Repsol published a full audit disclosure of its alignment with these industry associations. The company identified two cases of partial misalignment with the American Petroleum Institute and the Canadian Society For Unconventional Resources. However, it retained memberships to both organizations as well as numerous other industry associations globally that are actively lobbying to oppose climate policy including the Canadian Association of Petroleum Producers, BusinessEurope and FuelsEurope.