Repsol S.A National Innovation Award 2024. Great Innovative Company
Repsol S.A. has been awarded as the greatest exponent of the revolutionary transformation of innovation in Spain and the world and unquestionable architect of the global dimension of change that the energy transition, decarbonization and the development of clean energies have achieved.
The R&D&I centre, Repsol Technology Lab, with around 230 scientists and technologists, the Ideaction concept testing platform and its Corporate Venturing unit show how the company has put innovation at the heart of its business strategy.
Repsol’s open innovation model covers all stages of innovation and makes it possible to establish alliances and strategic collaborations with the aim of combining efforts and capabilities to offer solutions to this great universal challenge, which has resulted in an exceptional ability to drive SMEs in the sector, to promote the entrepreneurial ecosystem and, in addition, to be an example of innovation in its internal organizational model, with multiple success stories.