We aim to become an efficient and competitive integrated energy operator, extracting the maximum value of our projects, exploring new opportunities in order to bring growth and diversity to our portfolio, and creating value in a sustainable way for our stakeholders.
Learn more about our strategy.
Integrated approach to sustainable value creation
Galp believes in an integrated approach to sustainable value creation, by anticipating risk, maximizing opportunities and building strong relationships with stakeholders, thereby ensuring the license to operate.
We integrate the fundamental principles of sustainability into our culture, strategy, activities and management activities. They are also present in our relationship with our employees, suppliers, customers, stakeholders and all those who, directly or indirectly, are affected by the activities of our organization.
Working together with all our stakeholders helps us to identify relevant key sustainability aspects, reflected in our materiality matrix.
The material topics are those that are considered more relevant, as they reflect the economic, social and environmental impacts of the organization, or they influence substantially the stakeholders’ evaluations and decisions.
Galp conducts a comprehensive materiality analysis related to sustainability, one that prioritises topics from a double perspective: the impact of the Company’s business activities on the economy, the environment, and society, and the impact of sustainability topics on Galp’s business development, performance, and position. Both perspectives contribute to identifying the current and emerging aspects that must be addressed.
At Galp, we implement a set of processes to identify and prioritize material topics related to sustainability. These issues allow us to continuously update and review how material topics create value to the organization and its stakeholders.