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2021 INTEGRATED MANAGEMENT REPORT

IMPROVING ENERGY EFFICIENCY IN OUR FACILITIES

USE OF VEGETABLE OIL CO-PROCESSING

Implementing energy efficiency projects consisting of improvements to heat exchange processes and substitution with more sustainable and efficient fuels, leading to an annual reduction of approximately 20,000 tonnes of CO2 emissions.

The co-processing of vegetable oil in our refineries gives rise to biopropane, which is zero emission energy due to its biogenic nature, both at the operational level and at the level of sales to end consumers.

MORE EFFICIENT AND SUSTAINABLE ENERGY

Energy and climate regulation will be at the core of national environmental plans. Efficient energy use is thus a key part of our climate change strategy.

To make this commitment a reality, our main refining and chemical production facilities in Spain have an Energy Management System certified under the international ISO 50001 standard, which ensures well-defined indicators and improvements to reduce energy consumption and, therefore, greenhouse gas emissions.

TRANSFORMATION AND LOW-CARBON PRODUCTS

We have defined a carbon intensity ratio that allows us to monitor the transition to more sustainable products. At the end of the year, this ratio was around 75 gCO2/MJ (unit of energy sold), which is reduced by 8 points when the carbon sink effect of our petrochemical products is taken into account.

The development and implementation of emission abatement technologies, combined with the processing of new, more sustainable raw materials for the manufacture of end products, as well as more sustainable petrochemical products, are our climate change strategy priorities, with the aim of offering society the sustainable energy it demands. Our company is also promoting renewable power generation.

Our chemical plants and our supply and distribution facilities consume 100% renewable power.