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The main impacts on the environment of our operations affect the atmosphere, marine ecosystem, land, aquifers and bio- diversity. Consequently, each of our busi- nesses has a specialist team who manag- es these impacts and not only ensures we comply with regulatory requirements but also minimize and control these impacts.

We conduct regular audits of the impacts of our facilities, products and services us- ing our Integrated Environmental Man- agement System, which is ISO 14001 certifi ed.

This allows us to better control and mit- igate the risks associated with them and drive continuous improvements in deal- ing with them.

Our Environmental Product Declaration (EPD) has also been accredited. This doc- ument provides information on the envi- ronmental impact of products over their life cycle. As of September 2018, we are the only company in the world to have obtained this accreditation for LAB and LABSA.

Year-on-year, we demonstrate our fi rm commitment to protect the environment, not only through our actions but also through increased spending on projects

designed to protect the environment and improve our operations to make them more environmentally friendly.

Environmental Management System

Environmental Investment and Expenditure

CERTIFIED CENTRES OF OPERATION

48 REFINING100%

CHEMICAL PLANTS

80%

EPD ACCREDITATION FOR LAB AND LABSA5 ACCREDITATIONS FOR PARAFFINS6

Environmental investment and expenditure (Thousands of euros)1 2018 2017

Environmental investment 5,643 8,077

Environmental expenditure 11,761 10,586

1 The following figures correspond to accounting criteria and they have their detail in Note 27 of the Annual Consolidated Financial Statements for the year ended December, 31st of 2018.

CHAPTER 5 Our responsible management in 2018 Environment

ENVIRONMENTAL MANAGEMENT

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