with a total investment to date of ~ US$1.5 million, improving water access and quality for over 36,500 local community members.
Sustainability
~500,000 people benefited
from programs that are aligned with Sustainable Development Goals.
Strengthening Communities
80 small businesses supported in 2023
through initiatives aimed at fostering local economic growth and entrepreneurship.
Strengthening Communities
Over half of our Calgary office volunteered
with Brown Bagging for Calgary Kids in 2023.
Governance
50% of the Board Committee
chairs are women.
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
Summer students welcomed each year
across various departments, providing valuable work experience and fostering the next generation of talent.
Operations
43% YoY decrease in lost-time injury frequency
reflecting our commitment to employee safety and well-being.
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.
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
Portfolio includes ~5.5 million net acres of land
making Parex the largest independent land holder in Colombia.
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.
Operations
Diverse portfolio with 39 exploration and development blocks
onshore in Colombia.
Operations
19.8 MMboe produced
in 2023 (54,356 boe/d).
People and Culture
Our Diversity Dashboard is updated annually
offering a overview of Parex’s diversity demographics and talent distribution.
Sustainability
39% cumulative reduction
in scope 1 & 2 GHG emissions intensity from 2019 level.
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.
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.
