through initiatives aimed at fostering local economic growth and entrepreneurship.
Operations
Portfolio includes ~5.5 million net acres of land
making Parex the largest independent land holder in Colombia.
Governance
50% of the Board Committee
chairs are women.
Operations
1,200+
contractors and suppliers within our supply chain.
People and Culture
24% of Leaders are women
reflecting our commitment to build a diverse and inclusive organization.
Operations
19.8 MMboe produced
in 2023 (54,356 boe/d).
Strengthening Communities
Approximately US$227,000 invested in the Energy for All Program
benefiting over 1,600 community members through various solar energy projects.
Governance
500+ hours
of employee cybersecurity awareness training provided.
Operations
43% YoY decrease in lost-time injury frequency
reflecting our commitment to employee safety and well-being.
Strengthening Communities
Over 470,000 people helped
from the Works for Taxes Program since 2017.
People and Culture
+62,000 safety cards submitted in 2023
with 98% of the reports closed, demonstrating proactive engagement in safe operations.
Operations
Diverse portfolio with 39 exploration and development blocks
onshore in Colombia.
People and Culture
Summer students welcomed each year
across various departments, providing valuable work experience and fostering the next generation of talent.
People and Culture
Parex Gracias
our company-wide recognition program, empowers leaders and employees to acknowledge one another for outstanding performance and is aligned with our cultural behaviors.
Strengthening Communities
US$20.7 million invested
in 2023 to help strengthen local Colombian communities.
Sustainability
4,700+ community members gained access
to clean water and renewable energy in 2023 through our infrastructure projects aimed at improving local living conditions.
Sustainability
Energy for All Program launched
in 2021 by Parex, provides solar energy access to neighboring communities and local schools lacking power infrastructure.
Environment
550,000 hectares monitored
for biodiversity conservation in 2023, ensuring the protection of ecosystems in areas where we operate.
Strengthening Communities
33,000 individuals benefited
from Parex’s Water for All program, which focuses on enhancing water access and quality for rural communities in Colombia.
Environment
27,700+ trees planted
in 2023 as part of our voluntary tree planting program.
