We Mean Business

We joined the We Mean Business coalition, which is part of NAZCA Tracking Climate Action initiative of the United Nations Framework Convention on Climate Change (UNFCC).

This platform, made up of a group of organisations working with the business sector and investors worldwide, promotes the transition to a low carbon economy in order to ensure sustainable economic growth. The platform also promotes proactive climate action, encouraging the creation of new policy landmarks within the context of climate change.

At Galp, we are committed to the following objectives:

  • putting a price on carbon: recognising this practice as an essential and strategic tool to minimising the activity’s carbon intensity.
  • commiting to responsible corporate engagement in climate policy: acknowledging corporate engagement as a crucial factor in ratifying and complying with the Paris Climate Agreement.
  • implementing the recomendations of the Task Force on Climate-related Financial Disclosures: assuming the growing importance of climate information in investment practices and following recommendations for reporting climate-related financial information.

Find more about this initiative.