for biodiversity conservation in 2023, ensuring the protection of ecosystems in areas where we operate.
People and Culture
1,000s of courses available to employees
through our partnership with LinkedIn Learning, enhancing professional development in business and technology.
Operations
Diverse portfolio with 39 exploration and development blocks
onshore in Colombia.
Strengthening Communities
In 2023, we launched Parex Shares
our Calgary-based Community Investment program featuring three core components: Giving, Matching, and Helping.
Environment
Achieved a 6% annual reduction in freshwater consumption
in 2023, highlighting our efforts to optimize water use in our operations.
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.
Sustainability
Energy for All Program launched
in 2021 by Parex, provides solar energy access to neighboring communities and local schools lacking power infrastructure.
Strengthening Communities
US$20.7 million invested
in 2023 to help strengthen local Colombian communities.
Operations
43% YoY decrease in lost-time injury frequency
reflecting our commitment to employee safety and well-being.
Strengthening Communities
80 small businesses supported in 2023
through initiatives aimed at fostering local economic growth and entrepreneurship.
People and Culture
Our Diversity Dashboard is updated annually
offering a overview of Parex’s diversity demographics and talent distribution.
Governance
500+ hours
of employee cybersecurity awareness training provided.
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
Achieved a 232% increase in renewable energy consumption
in 2023, as a part of our efforts to drive continuous improvement in our ESG performance.
People and Culture
Summer students welcomed each year
across various departments, providing valuable work experience and fostering the next generation of talent.
Environment
Supported the release of 600 Galapaga turtles
in 2023 through the Galapaga Footprint Program, supporting biodiversity and marine life protection initiatives.
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.
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.
Environment
27,700+ trees planted
in 2023 as part of our voluntary tree planting program.
