to focus our efforts on the goals in which the company can best maximize its own contribution.”232 “Repsol uses all the means at its disposal to prevent its activities or decisions from having adverse impacts on human rights, and will do all it can to repair the damage, in case they are produced. Repsol's vision is to establish and maintain sound relations with 100% of the communities in the area of influence of its projects and assets. Relations based on recognition, trust, mutual respect and shared value.”233 “Our aim [is] [t]o respect internationally recognized human rights. These rights include those set out in the International Bill of Human Rights and those established in the International Labor Organization Declaration on Fundamental Principles and Rights at Work, and the eight Fundamental Conventions that comprise them. Respect refers to the fact that Repsol will make reasonable efforts to prevent our activities from causing negative impacts on human rights or communities and, if they occur, will endeavor to mitigate or repair the impact.”234 “We defend the international regulatory framework and ensure human rights. Therefore, we follow the principles set out in: • • • • The International Bill of Human Rights The UN Guiding Principles on Business and Human Rights. The OECD guidelines for multinational enterprises. The IFC performance standards.”235 Rio Tinto plc Statements on Climate Change “Climate change represents perhaps the greatest long-term threat to our business and we are determined to be part of the solution, not part of the problem.”236 “We are committed to substantially decarbonising our business by 2050, in accordance with our endorsement of the Paris Agreement. However, while many GHG-abatement projects lie within our control, others depend upon governments around the world developing a regulatory framework for the taxation and pricing of carbon that will create the certainty businesses need to invest in new technology and reduce their carbon footprint. We will develop new medium term targets for GHG Repsol S.A., supra note 228. Id., p. 75. 234 Repsol S.A., Human Rights and Community Relations Policy, available at https://www.repsol.com/en/sustainability/policies/human-rights-and-community-relations-policy/index.cshtml (last accessed on 12 September 2019). 235 Repsol S.A., Respect for human rights is one of our priorities, available at https://www.repsol.com/en/sustainability/human-rights/our-commitment/index.cshtml (last accessed on 12 September 2019). 236 Rio Tinto (2018), 2018 Annual Report, p. 6, available at https://www.riotinto.com/documents/RT_2018_annual_report.pdf (last accessed on 12 September 2019). 232 233 Annex D: Corporate Statements on Climate Change and Human Rights | 61

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