Galp Energia SGPS SA 2016 AR2
The report highlights Galp's performance in 2016, marking its first integrated annual report. Key achievements include the execution of the Lula/Iracema project in Brazil with the start of production of two new FPSO units, and the Board's approval of the Coral South FLNG project in Mozambique. Financially, the company achieved an RCA EBITDA of ’1,411 million and reduced its net debt to ’1,260 million, achieving a net debt to RCA EBITDA ratio of 1.0x. On the sustainability front, Galp was recognized in the Dow Jones Sustainability Index and CDP's "The Climate A List" for its climate change strategies.
Company: Galp Energia SGPS SA
Sector: Mining & quarrying
Country: Portugal
Year: 2016
Type: AR2
Pages: 377
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Galp Energia SGPS SA
Annual Report And Accounts
The report highlights Galp's performance in 2016, marking its first integrated annual report. Key achievements include the execution of the Lula/Iracema project in Brazil with the start of production of two new FPSO units, and the Board's approval of the Coral South FLNG project in Mozambique. Financially, the company achieved an RCA EBITDA of ’1,411 million and reduced its net debt to ’1,260 million, achieving a net debt to RCA EBITDA ratio of 1.0x. On the sustainability front, Galp was recognized in the Dow Jones Sustainability Index and CDP's "The Climate A List" for its climate change strategies.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Total Waste
Workplace Fatalities
Employees