Did You Know

Did You Know?

Explore What Sets Parex Apart

Environment
Supported the release of 600 Galapaga turtles
in 2023 through the Galapaga Footprint Program, supporting biodiversity and marine life protection initiatives.
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
24% of Leaders are women
reflecting our commitment to build a diverse and inclusive organization.
Strengthening Communities
In 2023, we launched Parex Shares
our Calgary-based Community Investment program featuring three core components: Giving, Matching, and Helping.
Operations
19.8 MMboe produced
in 2023 (54,356 boe/d).
Strengthening Communities
Over 470,000 people helped
from the Works for Taxes Program since 2017.
Environment
Achieved a 6% annual reduction in freshwater consumption
in 2023, highlighting our efforts to optimize water use in our operations.
Governance
500+ hours
of employee cybersecurity awareness training provided.
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.
People and Culture
Our Diversity Dashboard is updated annually
offering a overview of Parex’s diversity demographics and talent distribution.
People and Culture
Summer students welcomed each year
across various departments, providing valuable work experience and fostering the next generation of talent.
Strengthening Communities
US$20.7 million invested
in 2023 to help strengthen local Colombian communities.
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.
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.
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
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
1,000s of courses available to employees
through our partnership with LinkedIn Learning, enhancing professional development in business and technology.
Strengthening Communities
Approximately US$227,000 invested in the Energy for All Program
benefiting over 1,600 community members through various solar energy projects.