Annual Financial Report

The report describes Repsol’s 2025 progress in transforming its industrial and renewable businesses, including the Tarragona Ecoplant, large-scale electrolyzers and expanded renewable generation. It reports a 17.4% reduction in absolute Scope 1, 2 and 3 emissions versus the 2018 base year and a committed path to net-zero emissions by 2050. The report also records a year-end workforce of 24,679 employees and continued emphasis on diversity, safety and employee development.