The report highlights Galp's strong operational and financial performance in 2019, despite challenging market conditions. The Company exceeded its goals for the year, delivering growth in oil and natural gas production and achieving a robust financial performance. The report also emphasizes Galp's commitment to sustainability and the energy transition, with over 40% of future investments allocated to projects that promote these objectives. The report highlights Galp's progress in building a strong renewable power generation portfolio and its commitment to developing a profitable renewable power generation business, with 10% to 15% of the Group's future investment to be allocated to those activities.
Issuing Company Galp Energia SGPS S.A.
Report Type Integrated Report
Report Language EN
Report Filesize 15.82 MB
No. of Pages 128 pages
Reporting periodJanuary 1, 2019-December 31, 2019
Report EditionUnknown
Assurance Provider Ernst & Young Audit & Associados, SROC, S.A.;PricewaterhouseCoopers & ...
Reporting Standards IFRS; GRI; AA1000AP; others
Materiality Assessmenttrue