Repsol S.A. — Ethics Grade D
Repsol S.A. receives an overall ethics grade of D (32/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.
Category scores
- labor: 55
- privacy: 80
- consumer: 40
- environment: 20
- humanRights: 45
Documented incidents (3)
- La Pampilla Oil Spill (high, 2022) — An underwater pipeline rupture at a Repsol refinery spilled over 10,000 barrels of oil into the Pacific Ocean off the coast of Peru. The spill affected over 20 beaches and two protected maritime zones, causing massive wildlife mortality.
- Natural Gas Liquid Leak (medium, 2023) — Repsol was fined for failing to maintain infrastructure that led to a significant natural gas liquid leak in Alberta. The company was cited for inadequate monitoring systems that delayed the detection of the spill.
- Greenwashing Allegations (medium, 2024) — Repsol faced legal action in Europe regarding its 'net zero' advertising campaigns. Critics and regulators argued the company's marketing misled consumers about the true environmental impact of its ongoing fossil fuel expansion.
Documented good deeds
- Renewable Power Expansion — Repsol has committed to a multi-billion dollar investment plan to increase its renewable generation capacity to 6GW by 2025.
Ethical alternatives
- Ørsted A/S — Global leader in offshore wind with a 99% sustainable energy share.