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.
Operations
19.8 MMboe produced
in 2023 (54,356 boe/d).
People and Culture
1,000s of courses available to employees
through our partnership with LinkedIn Learning, enhancing professional development in business and technology.
Operations
43% YoY decrease in lost-time injury frequency
reflecting our commitment to employee safety and well-being.
People and Culture
24% of Leaders are women
reflecting our commitment to build a diverse and inclusive organization.
Sustainability
39% cumulative reduction
in scope 1 & 2 GHG emissions intensity from 2019 level.
Sustainability
~500,000 people benefited
from programs that are aligned with Sustainable Development Goals.
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.
Environment
Achieved a 6% annual reduction in freshwater consumption
in 2023, highlighting our efforts to optimize water use in our operations.
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
Over half of our Calgary office volunteered
with Brown Bagging for Calgary Kids in 2023.
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.
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.
Governance
50% of the Board Committee
chairs are women.
Strengthening Communities
In 2023, we launched Parex Shares
our Calgary-based Community Investment program featuring three core components: Giving, Matching, and Helping.
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.
People and Culture
+62,000 safety cards submitted in 2023
with 98% of the reports closed, demonstrating proactive engagement in safe 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.
Operations
1,200+
contractors and suppliers within our supply chain.