Repsol

Good Governance

The Regulations for the Board, along with other regulations and information published by the company, underscore our commitment to good corporate governance, transparency and social responsibility.

Ever since 1995, when the first internal regulations on the Board of Directors were issued, Repsol YPF has shown particular sensitivity to the principles of self-regulation in the area of good governance, and is aware of how important it is for a large institution to have a corporate governance system that guides the structure and functioning of its management bodies in the interests of the company and its shareholders.

Also in 1995, the Board of Directors approved the creation of the Audit and Control Committee and the Nomination and Compensation Committee. In 2002, the company also created its Strategy, Investment and Competition Committee and the Repsol YPF Internal Committee on Transparency.

In December 2007, the former Strategy, Investment and Competition Committee was renamed the Strategy, Investment and Corporate Social Responsibility Committee, assuming powers in the latter area.

Related links:

• Corporate Governance
• Board of Directors             

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