Our commitment to ethical and transparent governance

Corporate Governance

Our governance system follows the guidelines of the Code of Good Governance for listed companies in Spain. With regards to our stakeholders, we always incorporate the best international practices in business management to protect their interests. We strive to continuously improve and we adapt to market trends to meet Cepsa’s strategic objectives.


Our Board of Directors and its Committees are responsible for overseeing the management of the Company and the development of its businesses. In response to recent regulatory changes, our company’s governance bodies have adapted their structure and composition and have demonstrated their commitment to meeting applicable laws. Moreover, the Board and its Committees also develop the company’s Corporate Policies and oversee the regulatory compliance of the business areas with regard to their plans, policies, objectives, and strategies.


The management team works with CEO Philippe Boisseau to shape a strategy based on international expansion and the development of new businesses that will drive Cepsa’s transformation and growth in the context of a continuously evolving energy landscape and market environment.
Cepsa’s Executive Committee is headed by Philippe Boisseau and includes the heads of the Company's business units and corporate support functions.

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Transparency Law
Cepsa Química, S.A. is subject to Act 19/2013, of December 9, on Transparency, Access to Public Information, and Good Governance, and, in compliance with such regulations, we provide its economic, financial, and institutional data. For its part, Cepsa Colombia, S.A. complies with the rules of operation established in Resolution CREG 080 of 2019.
Cepsa Química, S.A. Cepsa Colombia, S.A.
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Articles of Association