Did You Know

Did You Know?

Explore What Sets Parex Apart

Strengthening Communities
80 small businesses supported in 2023
through initiatives aimed at fostering local economic growth and entrepreneurship.
People and Culture
Summer students welcomed each year
across various departments, providing valuable work experience and fostering the next generation of talent.
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.
Governance
50% of the Board Committee
chairs are women.
Environment
550,000 hectares monitored
for biodiversity conservation in 2023, ensuring the protection of ecosystems in areas where we operate.
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.
Environment
Supported the release of 600 Galapaga turtles
in 2023 through the Galapaga Footprint Program, supporting biodiversity and marine life protection initiatives.
Environment
27,700+ trees planted
in 2023 as part of our voluntary tree planting program.
People and Culture
+62,000 safety cards submitted in 2023
with 98% of the reports closed, demonstrating proactive engagement in safe operations.
Strengthening Communities
Over half of our Calgary office volunteered
with Brown Bagging for Calgary Kids in 2023.
Sustainability
Energy for All Program launched
in 2021 by Parex, provides solar energy access to neighboring communities and local schools lacking power infrastructure.
Environment
Achieved a 6% annual reduction in freshwater consumption
in 2023, highlighting our efforts to optimize water use in our operations.
Strengthening Communities
Over 470,000 people helped
from the Works for Taxes Program since 2017.
People and Culture
Our Diversity Dashboard is updated annually
offering a overview of Parex’s diversity demographics and talent distribution.
Strengthening Communities
Water for All Program launched by Parex in 2018
with a total investment to date of ~ US$1.5 million, improving water access and quality for over 36,500 local community members.
Strengthening Communities
US$20.7 million invested
in 2023 to help strengthen local Colombian communities.
Sustainability
39% cumulative reduction
in scope 1 & 2 GHG emissions intensity from 2019 level.
Operations
Diverse portfolio with 39 exploration and development blocks
onshore in Colombia.
People and Culture
5% growth in workforce in 2023
including an 8% increase in female employees, reflecting our commitment to diversity and inclusion in operations.
Sustainability
Achieved a 232% increase in renewable energy consumption
in 2023, as a part of our efforts to drive continuous improvement in our ESG performance.