Company: VIST
Filing Date: 2025-04-09
Form Type: 20-F
Source: 0001193125-25-076856
Chunk: 79

Company: Vista Energy, S.A.B. de C.V.
Filing Date: 2025-04-09
Form: 20-F
Item: Item 6
Chunk 79
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 portfolio, we expect to generate a volume of carbon credits by 2026 that, from that year on, will be equivalent, or potentially higher, to the annual carbon emissions from our operations.

Table of Contents

We believe our value resides in our oil producing assets, as much as in our teams and their commitment to operational excellence. In this respect, health and safety are the cornerstones to ensure our teams achieve best performance, and we have made it a Company priority to provide our people with the highest oil and gas industry standards when it comes to occupational health and safety, as set by IOGP and IPIECA.

In addition, we seek to create a working environment where high performance, teamwork, innovation, agility and responsibility are values shared by all in our staff. We are firm believers in the value of developing an organizational culture that works in appreciation of each person, promoting diversity, equity and inclusion (DEI) at all levels. To support this, we implement various initiatives through our Vista Diversity, Equity & Inclusion program.

We are also committed to the development of the communities in which we operate by fostering an inclusive business model and strengthening the sense of belonging through open dialogue, active collaboration, volunteering, and social engagement.

Additionally, we seek to operate our business responsibly, ethically, and in alignment with the interests of our stakeholders. We are committed to effective and sustainable corporate governance, which we believe strengthens accountability, promotes the long-term interests of our stakeholders, and helps build public trust in our Company. As a public company, our business and corporate governance practices comply with the regulations set forth by the SEC of the United States applicable to foreign private issuers and the CNBV of Mexico rules, as well as with national regulations in the countries where we operate.

During 2024, we made good progress across all ESG fronts. The main highlights are summarized below:

Environmental

  Significant progress in the Company’s decarbonization plan, resulting in a 28% year-over-year reduction in absolute scope 1 and 2 GHG emissions, from 308 MtCO 2 e in 2023 to 222 MtCO 2 e in 202...  
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  Increased renewable energy consumption by 50,800 MWh, representing 59% of total energy use, while reducing energy intensity by 30% year-over-year.  

  Continued execution of NBS projects,