The report highlights Galp's commitment to decarbonization, with a target to reduce absolute emissions from operations by 40% by 2030 compared to 2017. The company has also defined two carbon intensity reduction targets, one for the energy it produces and another for the energy it sells to customers. In addition, the report showcases Galp's focus on biodiversity and water stewardship, with initiatives like the ""Smart Renewable Power Plant"" methodology, which aims to integrate solar plants into the ecosystem and achieve a net positive impact on biodiversity. Galp's commitment to human rights is also highlighted, with the company conducting human rights impact assessments and implementing action plans to address any potential risks and opportunities. The report also outlines Galp's strategy for embedding sustainability in its corporate culture and operations, with a focus on transparency, ethics, and a sustainable supply chain. Key initiatives include the company's commitment to zero tolerance for corruption, the development of a sustainable supply chain program, and the implementation of a comprehensive cyber security program.
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Galp Energia SGPS SA 2023 Integrated Management Report
Issuing Company Galp Energia SGPS S.A.
Report Type Integrated Report
Report Language EN
Report Filesize 2.6 MB
No. of Pages 36 pages
Reporting period2023
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; SASB; UNSDGs; others
Materiality Assessmenttrue