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
1,000s of courses available to employees
through our partnership with LinkedIn Learning, enhancing professional development in business and technology.
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.
Environment
27,700+ trees planted
in 2023 as part of our voluntary tree planting program.
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.
Strengthening Communities
US$20.7 million invested
in 2023 to help strengthen local Colombian communities.
Sustainability
Energy for All Program launched
in 2021 by Parex, provides solar energy access to neighboring communities and local schools lacking power infrastructure.
Operations
1,200+
contractors and suppliers within our supply chain.
Operations
98% YoY reduction in oil spills
from operations, highlighting our focus on operational safety and environmental protection.
Environment
550,000 hectares monitored
for biodiversity conservation in 2023, ensuring the protection of ecosystems in areas where we operate.
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
5% growth in workforce in 2023
including an 8% increase in female employees, reflecting our commitment to diversity and inclusion in operations.
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.
Operations
Diverse portfolio with 39 exploration and development blocks
onshore in Colombia.
Strengthening Communities
80 small businesses supported in 2023
through initiatives aimed at fostering local economic growth and entrepreneurship.
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.
