Energy Company
Argentina’s leading energy company. Its operations span the country’s entire oil and gas value chain, including production, refining, and sale of products. It also conducts an expanding business focused on electric power generation and renewables development, as well as a company focused on innovation and new energies.
Challenging context marked by the pandemic
2020 was one of the most difficult years in energy industry history, including the unprecedented impact of the pandemic on refined products demand and operations.
YPF continued to operate as an essential energy supplier for the country. We focus on four axes:
TAKING CARE
OF THE PEOPLE
AGREE ACTIONS WITH STATEGIC PARTNERS, WORKERS AND AUTHORITIES
FINANCIAL DISCIPLINE, NEW EFFICIENCIES AND OPTIMIZED INVESTMENTS
EMERGING STRONG
FROM THE CRISIS
Main Actions
- > Covid Committee which defined the strategy and actions to be developed while working daily during the year.
- > Health Protocols and prevention measures in force for different businesses and work centers.
- > Physical and emotional health care for employees and their families.
- > Social Investment to accompany local communities to face the health emergency.
- > Benefits at service stations for essential workers.
- > Rapid Covid-19 Test produced by Y-TEC.
Sustainability Commitment
Sustainability priorities are embedded in business strategy and they are aimed at strengthening the company's long-term competitiveness.
We participate in global initiatives such as the Global Compact, EITI and the B20 Energy Task Force.
We voluntarily submit to the Corporate Sustainability Assessment designed for the Dow Jones Sustainability Index.
Dow Jones Sustainability Index
In 2020 we continued to improve our position in this oil and gas industry ranking from 13th to 10th place.
Governance, Ethics and Integrity
Board of Directors
12 Regular members
11 Independent members
1 Woman
Investors
ETHICS AND COMPLIANCE
RISK MANAGEMENT
Corruption risk mapping carried out for all businesses
ETHICS AND CONDUCT CODE
100% of executives and employees adhered
REPORTING CHANNELS
For employees and third parties
CONFLICT OF INTEREST POLICY
For executives and staff
THIRD PARTY RECRUITMENT PROGRAM
Suppliers’ classification based on integrity risks
DUE DILIGENCE FOR HUMAN RIGHTS
Risk mapping and 100% of safety staff trained
Economic Performance
OPERATIONS
33.6%
OF NATIONAL
NATURAL GAS PRODUCTION
467 K BOE/D
TOTAL HYDROCARBON
-9.2% VS. 2019
101.3 K BOE/D
NET SHALE
PRODUCTION
+9.1% VS. 2019
#1
PETROCHEMICAL PRODUCER
1,695 MT OF
PRODUCTS / YEAR
319.5 K BBL/D
Refined products
+50% OF ARGENTINE
REFINING MARKET
8,991 GWH
ELECTRIC GENERATION
FROM YPF LUZ
53%
OF ARGENTINE FUEL MARKET
1.8 M USD
INVESTED IN ENERGY
R&D
54.796
EMPLOYEES
(DIRECT AND CONTRACTORS)
ECONOMIC AND FINANCIAL RESULTS
In a challenging context we prioritize financial sustainability
1,554 M USD
INVESTMENTS
-56% VS. 2019
9,376 M USD
INCOME
-32% VS. 2019
1,454 M USD
ADJUSTED EBITDA
-60% VS. 2019
7,438 M USD
COSTS
-25% VS. 2019
-488 M USD
NET DEBT
VS. 2019
852.8 M USD
TAX OBLIGATIONS
AND OTHERS*
CUSTOMERS
25
NEW SERVICE STATIONS
TOTAL 1,632
1.8 M
YPF APP
TRANSACTIONS/MONTH - as of December 2020
3.4 M
SERVICLUB YPF
ACTIVE ASSOCIATES
60,500
YPF EN RUTA
NEW USERS
#9
EXPORTER
OF FLOUR AND OIL
AT THE COUNTRY
YPF AGRO
16 CUSTOMERS
OF RENEWABLE ENERGIES
FOR YPF LUZ
TOYOTA - COCA COLA - HOLCIM
PROFÉRTIL - NESTLÉ - YPF - OTHERS
15% DISCOUNT
IN PURCHASED FUEL
FOR ESSENTIAL PERSONNEL
SUPPLIERS
2,805
SUPPLIERS WITH
CURRENT CONTRACTS
100% CONTRACTS
ADHERING TO THE ETHICS
AND CONDUCT CODE
100% SUPPLIERS
OF HIGH CRITICALITY
WITH EVIRONMENTAL
AND SAFETY ASSESSMENT
PEOPLE
OUR PEOPLE
DIVERSITY
19,812
DIRECT
EMPLOYEES
34,984
CONTRACTORS
EMPLOYEES
DIVERSITY
22%
WOMEN EMPLOYED
+ 1.18% VS. 2019
15.4%
WOMEN IN LEADERSHIP
POSITIONS
+1% VS. 2019
INCLUSION AND EMPLOYABILITY
TRAINING
+300
STUDENTS IN INTERNSHIP
AND PROFESSIONAL
PRACTICES
55
DISABLED PEOPLE
EMPLOYED
TRAINING
223,717
HOURS
OF TRAINING
11.3
HOURS OF TRAINING
PER EMPLOYEE
HEALTH AND SAFETY
88%
OF THE STAFF WITH ANNUAL
HEALTH CHECKS
-with previous pathologies-
0.20
ACCIDENT FREQUENCY
RATE
-0.44 VS. 2019
SOCIAL INVESTMENT
7.1 M USD
VOLUNTARY SOCIAL
INVESTMENT
4 M USD
MANDATORY
CSR FUNDS
1.2 M USD
NEUQUÉN AFFORESTATION
PROJECT
4,028
HOURS OF VOLUNTARY
WORK
STEAM EDUCATION AND SUSTAINABLE DEVELOPMENT
12,000
PEOPLE TRAINED
12
TOWNS WITH TECHNICAL &
PROFESSIONAL EDUCATION
COURSES
234
UNDERGRADUATE SCHOLARSHIPS
IN ENERGY CAREERS
56% WOMEN
5,000
PEOPLE TRAINED
IN RENEWABLE ENERGIES
17,000
BOOKS “YOU AND ENERGY”
HANDED OVER
10
TOWNS
WITH SUSTAINABLE
DEVELOPMENT PLANS
Environmental Performance
CLIMATE ACTION
ENERGY USE
AFFORESTATION
183,063
KGJ TOTAL CONSUMPTION
-9.8% VS. 2019
4.69
GJ/UNIT PRODUCED
-1.8 VS. 2019
21%
ELECTRIC ENERGY
PURCHASED FROM
RENEWABLE SOURCES
+5 PP % VS. 2019
AFFORESTATION
7,000
AFFORESTATION HECTARS
IN NEUQUÉN
EMISSIONS
0.366 TCO2E
DIRECT EMISSION INTENSITY
-2% VS. 2019
129,561 T
ATMOSPHERIC EMISSIONS
-16.5% VS. 2019
ELECTRIC AND RENEWABLE ENERGY PRODUCTION – YPF LUZ
2,250 MW
ELECTRIC ENERGY INSTALLED
CAPACITY
222 MW
RENEWABLE ENERGY
INSTALLED CAPACITY
SUSTAINABLE PRODUCTION
WATER USE
32,660 KT
CONSUMED WATER
-19% VS. 2019
0.82
M3 WATER/T CRUDE EQ.
-16.3% VS. 2019
3,657 KT
WATER CONSUMPTION IN AREAS WITH HYDRIC STRESS
-50% VS. 2019
WASTE MANAGEMENT
312 KT
TOTAL WASTE
GENERATED
-51% VS. 2019
230 KT
HAZARDOURS WASTE
GENERATED
-54% VS. 2019
64%
REUSED AND RECYCLED
WASTE / TOTAL TREATED
+23% VS. 2019
76%
REDUCTION OFSTOCK OF
SOIL WITH HYDROCARBON
2020 VS. 2012
BIODIVERSITY CARE
SPILL FREQUENCY RATE - UPSTREAM
100%
OF THE SITES WITH ENVIRONMENTAL IMPACT STUDIES,
MITIGATION PLANS AND MONITORING REPORTS
SPILL FREQUENCY RATE - UPSTREAM
13.35
VS. 12.49 BY 2019
Social Performance