Repsol SA

Common Name
Repsol
Country
Spain
Sector
Energy
Industry
Oil & Gas Integrated
Employees
25,136
Ticker
REP
Exchange
BOLSA DE MADRID
Description
Repsol S.A. is a leading integrated energy company engaging in both upstream and downstream operations. Its primary function is to explore, produce, refine, and distribute oil and natural gas. Repsol’...

Repsol EU Taxonomy Data Preview

In 2024, Repsol was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Repsol has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Repsol are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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Total Taxonomy Non-Eligible B Capex
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This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Repsol's Revenues from Sustainable Activities

In 2024, Repsol reported EU Taxonomy-eligible revenues of EUR 3.97 billion, representing 7% of its total turnover. Of this amount, EUR 459.00 million of Repsol's revenues was classified as EU Taxonomy-aligned, indicating that 0.8% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Repsol's Taxonomy-Eligible Turnover Over Time

20212022202320240%2%4%6%8%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Repsol's revenues become more sustainable over time?

Compared to the previous year (2023), Repsol's taxonomy-aligned revenues increased by 166.67%, highlighting Repsol's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.

How much of Repsol's revenue is eligible under the EU Taxonomy?

In 2024, Repsol reported that EUR 3.97 billion of its revenue was eligible under the EU Taxonomy, representing 7% of the company's total turnover. Of this amount, EUR 459.00 million (0.8% of total revenue) was classified as Taxonomy-aligned. This means that 6% of Repsol's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.

How much of Repsol's eligible revenue is aligned with the EU Taxonomy?

In 2024, Repsol reported that EUR 459.00 million of its revenue was aligned under the EU Taxonomy, representing 0.8% of its total turnover.

This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.

Repsol's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(93.0%)Total TaxonomyAligned A1 Turnover(0.8%)Total TaxonomyEligible but NotAligned A2 Turnover(6.0%)

Repsol's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%1.5%3%4.5%6%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Repsol's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Repsol reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0.8%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Repsol earn from selling climate-related solutions ?

In 2024, Repsol reported that EUR 456.98 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0.8% of the company's total revenue, indicating that Repsol has limited exposure on solutions that support climate action through its commercial activities.

Insights into Repsol's CAPEX from Sustainable Activities

In 2024, Repsol reported EU Taxonomy-eligible CAPEX of EUR 2.82 billion, representing 50% of its total CAPEX. Of this amount, EUR 2.24 billion of Repsol's CAPEX was classified as EU Taxonomy-aligned, indicating that 40% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Repsol's Taxonomy-Eligible Capex Over Time

20212022202320240%15%30%45%60%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have Repsol's increased its investment in sustainable activities over time?

Compared to the previous year (2023), Repsol's taxonomy-aligned CAPEX increased by 25%, highlighting Repsol's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.

How much of Repsol's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Repsol reported that EUR 2.82 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 50% of the company's total CAPEX. Of this amount, EUR 2.24 billion (40% of total CAPEX) was classified as Taxonomy-aligned. This means that 10% of Repsol's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Repsol's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Repsol reported that EUR 2.24 billion of its CAPEX was aligned under the EU Taxonomy, representing 40% of its total capital investment.

This moderate level of alignment indicates that Repsol is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Repsol's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(50.0%)Total TaxonomyAligned A1 Capex(40.0%)Total TaxonomyEligible but NotAligned A2 Capex(10.0%)

Repsol's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%10%20%30%40%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Repsol's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Repsol reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 40%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Repsol is investing in climate-related solutions?

In 2024, Repsol allocated EUR 2.25 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 40% of the company's total capital expenditure, indicating that Repsol is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Repsol's OPEX from Sustainable Activities

In 2024, Repsol reported EU Taxonomy-eligible OPEX of EUR 123.00 million, representing 19% of its total operating expenses (OPEX). Of this amount, EUR 27.00 million of Repsol's OPEX was classified as EU Taxonomy-aligned, indicating that 4% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Repsol's Taxonomy-Eligible Opex Over Time

20212022202320240%7%14%21%28%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

Have Repsol's increased its spending in sustainable activities over time?

Compared to the previous year (2023), Repsol's taxonomy-aligned OPEX increased by 33.33%, highlighting Repsol's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

How much of Repsol's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Repsol reported that EUR 123.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 19% of the company's total OPEX. Of this amount, EUR 27.00 million (4% of total OPEX) was classified as Taxonomy-aligned. This means that 15% of Repsol's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Repsol's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Repsol reported that EUR 27.00 million of its OPEX was aligned under the EU Taxonomy, representing 4% of its total operational expenditure.

This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.

Repsol's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(81.0%)Total TaxonomyAligned A1 Opex(4.0%)Total TaxonomyEligible but NotAligned A2 Opex(15.0%)

Repsol's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%4%8%12%16%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Repsol's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Repsol reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 4%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much of Repsol's operational budget supports climate-related solutions?

In 2024, Repsol allocated EUR 26.12 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 4% of the company's total OPEX, indicating that Repsol has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.

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