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
19.8 MMboe produced
in 2023 (54,356 boe/d).
Governance
500+ hours
of employee cybersecurity awareness training provided.
Strengthening Communities
Over half of our Calgary office volunteered
with Brown Bagging for Calgary Kids in 2023.
People and Culture
Our Diversity Dashboard is updated annually
offering a overview of Parex’s diversity demographics and talent distribution.
Environment
27,700+ trees planted
in 2023 as part of our voluntary tree planting program.
Environment
Supported the release of 600 Galapaga turtles
in 2023 through the Galapaga Footprint Program, supporting biodiversity and marine life protection initiatives.
Operations
Portfolio includes ~5.5 million net acres of land
making Parex the largest independent land holder in Colombia.
Operations
43% YoY decrease in lost-time injury frequency
reflecting our commitment to employee safety and well-being.
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.
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
Summer students welcomed each year
across various departments, providing valuable work experience and fostering the next generation of talent.
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.
Environment
Achieved a 6% annual reduction in freshwater consumption
in 2023, highlighting our efforts to optimize water use in our operations.
Strengthening Communities
Approximately US$227,000 invested in the Energy for All Program
benefiting over 1,600 community members through various solar energy projects.
Operations
98% YoY reduction in oil spills
from operations, highlighting our focus on operational safety and environmental protection.
Strengthening Communities
US$20.7 million invested
in 2023 to help strengthen local Colombian communities.
People and Culture
1,000s of courses available to employees
through our partnership with LinkedIn Learning, enhancing professional development in business and technology.
People and Culture
24% of Leaders are women
reflecting our commitment to build a diverse and inclusive organization.
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.