Brief Overview of the Organisation

Gaviota Re S.A. (hereafter GAVIOTA) is a reinsurance company, 100% Repsol, S.A. (hereafter REPSOL) subsidiary, which provide world class, risk management and  insurance products and services, at market prices to its parent company, its subsidiaries and affiliates.

REPSOL is a global energy company that creates value in a sustainable manner through innovation, efficiency, and respect to drive progress in society. It was the first company in the sector to set a goal of zero net emissions in 2050, which it is being achieved through the process of industrial transformation, innovation, efficiency, and respect.

Summary of Sustainability Strategy

GAVIOTA, as a REPSOL company, shares its sustainability principles and policies, founded on international standards, that assist the company in managing its operations responsibly, ensuring human rights in all its activities, based on ethics, transparency, and responsibility. REPSOL establish solid relationships with communities based on recognition, respect, trust, and dialogue. It acts with the best practices in ethical, environmental, and social matters and with guidelines to manage and control the possible impacts generated in its operations throughout the entire value chain.

GAVIOTA wants to move forward on the path adopted by REPSOL (that supports the United Nations 2030 Agenda for Sustainable Development and contributes to the 17 Sustainable Development Goals) and contribute to a more sustainable world by joining this initiative.