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At Cepsa, we are aware that our activities have an adverse impact on the environ- ments in which we operate. To this end, a large part of our efforts are aimed at minimising that impact, underpinned by one of our values, Sustainability, which drives us in our intention as we advance as an energy company to be aligned with

respect for the environment and our su- rrounding environment.

We approach the management of the most relevant environmental aspects in the development of our activities based on 6 main pillars:

5.4 ENvIRONmENT

ENvIRONmENTAL mANAgEmENT

WATER mANAgEmENT

CIRCULAR ECONOmy

NON-gHg EmISSIONS

PROTECTION OF ECO-SySTEmS

CLImATE CHANgE

CHAPTER 5 Cepsa in 2017