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1112019 ANNUAL AND CORPORATE RESPONSIBILITY REPORT

This identification allows us to increase our knowledge of the environments in which we operate, and to design and im- plement Biodiversity Action Plans (BAP), for the recovery of biodiversity in the area, as well as to compensate for the re- sidual impact that we have not been able to eliminate with preventive measures. Some examples of compensation pro- jects are the Madrevieja Environmental Station (Cádiz) and the Primera de Palos Lagoon Environmental Station (Huelva), dedicated to the conservation and pro- motion of research into sensitive species, such as ospreys, barn owls and otters.

In the same vein we conduct prior envi- ronmental assessments for every project to analyse factors such as the consump- tion of resources, polluting emissions, land management and GHG emissions. When this analysis, which is mandatory in the decision-making process, reveals a potential environmental impact, the

mitigation hierarchy model is employed based on the following steps: how to avoid impacts, minimise those that can- not be avoided, restore the environment affected and lastly, offset the residual impact. In the specific case of exploration and production operations, we have de- veloped a tailored methodology.

In order to continue improving protec- tion measures and identifying possible impacts on natural ecosystems and on the levels of biodiversity in the environ- ments near our facilities, we are working on a natural capital analysis following the Natural Capital Protocol, which allows us to analyse the impacts and dependencies of companies with respect to the services provided by the ecosystems in which we are present. Accordingly, in 2019 Cepsa joined the "Natural Capital and the energy sector in Spain" working group, which is a pioneer at international level in adapting this protocol to the energy sector.

Cepsa ensures that adequate noise lev- els are maintained, both for people and the environment. It carries out numerous

acoustic measurements and implements protection and insulation measures in those installations that require them.

NOISE POLLUTION