Did You Know

Did You Know?

Explore What Sets Parex Apart

Strengthening Communities
Approximately US$227,000 invested in the Energy for All Program
benefiting over 1,600 community members through various solar energy projects.
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.
Operations
Diverse portfolio with 39 exploration and development blocks
onshore in Colombia.
Operations
98% YoY reduction in oil spills
from operations, highlighting our focus on operational safety and environmental protection.
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.
People and Culture
Summer students welcomed each year
across various departments, providing valuable work experience and fostering the next generation of talent.
Environment
27,700+ trees planted
in 2023 as part of our voluntary tree planting program.
Strengthening Communities
US$20.7 million invested
in 2023 to help strengthen local Colombian communities.
Environment
550,000 hectares monitored
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.
Environment
Supported the release of 600 Galapaga turtles
in 2023 through the Galapaga Footprint Program, supporting biodiversity and marine life protection initiatives.
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.
Operations
19.8 MMboe produced
in 2023 (54,356 boe/d).
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
39% cumulative reduction
in scope 1 & 2 GHG emissions intensity from 2019 level.
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.
People and Culture
Our Diversity Dashboard is updated annually
offering a overview of Parex’s diversity demographics and talent distribution.
Sustainability
~500,000 people benefited
from programs that are aligned with Sustainable Development Goals.
Governance
50% of the Board Committee
chairs are women.