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2021 INTEGRATED MANAGEMENT REPORT

MANAGING IMPACTS ON WATER

WATER PANEL

We have developed a tool that allows the assessment of environmental aspects by considering, among others, categories of dischar- ges and resource consumption.

Water-related impacts are identified through:

· Environmental Impact Assessments (EIA). · Environmental Management System. · Impact on the receiving environment. · Water risk assessment.

Our Procurement Department conducts a risk assessment of all active suppliers on an ongoing basis, establishing environmental criticality levels according to their activity.

We have set up an internal work group to analyse water management and identify and evaluate initiatives and strategies to further optimise and improve our water management both locally and globally. We are currently reducing water withdrawal through busi- ness initiatives, paying particular attention to water-stressed areas1.

We also focus our efforts on improving our knowledge of the water cycle at our larger facilities to further increase the percentages of recycled and reused water.

PARTICIPATION AND RATING IMPROVEMENT IN THE CDP WATER INITIATIVE

Since 2017, Cepsa has been part of the CDP Water initiative, which evaluates water management performance.

The company's efforts to improve water management have been recognised through a continuous improvement in the rating obtained.

1 Facilities in water-stressed areas, according to CDP Water reporting criteria: Water Risk Filter (WRF) risk = Quantity - Scarcity ≥ 3.

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