At Parex, our fundamental purpose is to generate value for our shareholders and to respect the needs of other key stakeholders. Our commitment to the environment and health & safety will not be compromised. We ensure that our operations yield positive social, environmental and economic outcomes in the communities where we work.
Ever mindful that we are guests in our host countries, we have developed policies and practices that complement our basic responsibilities as a development tool for the local communities in jurisdictions in which we operate.
We create local employment opportunities, both within the oil industry and existing local industries.
We provide education and training programs to strengthen communities and local authority relationships, while identifying new markets for local goods and services, and reducing dependence on industry support.
We engage communities in studies and processes related to environmental management by combining Parex’ expertise with local knowledge.
Our efforts are well received by local communities and help maintain positive relationships in and around our operations.
“The community hall built with the help of PAREX produced great change as the community had no place to meet; it had to request permission to meet in other buildings”
“I do not see PAREX as a Company, but as a group of great human beings. They have revived in us the feeling of giving without expecting anything in exchange, sharing and receiving. This is not a project made of bricks or cement, it is one that changed our lives and fulfilled the dreams of a family that happened to be mine.”
To learn more about our community engagement programs and commitment to sustainability, download our reports.