Through active engagement with local stakeholders, Parex strives to build long-term, positive relationships that ensure everyone benefits from local resource development.
Through voluntary social investments and investments related to contractual commitments with Colombia’s National Hydrocarbons Agency, we are committed to enhancing the life of communities through sustainable development.Read more about our social priorities and commitments in our Social Responsibility Policy
Over the last 3 years, through the Agua Para Todos (“Water for All”) Program, Parex has invested in infrastructure to improve access to safe drinking water. This work has helped create needed infrastructure and resulted in approximately 20,000 people in communities near our operations gaining access to safe, reliable drinking water.
Under the Colombian Government’s Works for Taxes Program and in coordination with local and national authorities, Parex continues to invest in education and infrastructure projects. In 2020, Parex invested COP $5,800 million (USD $1.57 million) in an education project, which benefitted students in 51 schools in Saravena, Arauca, and Tame.