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Cepsa, the only Spanish energy company to obtain the EFQM 600 Seal for its LPG business

venkat by venkat
February 16, 2023
in Featured, News, Upstream
0
Cepsa, the only Spanish energy company to obtain the EFQM 600 Seal for its LPG business

The Excellence in Management Club (Club Excelencia en Gestión), a non-profit multi-sector association that helps organizations transform their management to improve their results and recognizes their progress, has awarded, together with EFQM, the EFQM 600 Seal to the Liquefied Petroleum Gas (LPG) business at Cepsa, the only Spanish energy company providing services to end consumers to achieve this international recognition. This certificate, valid until 2025, endorses the company’s management model, which places excellence, innovation and sustainability at the heart of its strategy, as the basis for a more agile and future-ready organization.

The company has obtained the EFQM seal, which recognizes the excellent, innovative and sustainable management of organizations worldwide, for the fifth consecutive time since 2011. Over this period, the company has improved its rating to the second-highest category.

In Cepsa’s case, the evaluators highlighted the following strengths: the building of sustainable relationships with its customers, considering their present and future expectations, the commitment to aligning its partners and suppliers with its strategy to create sustainable value, with collaborations based on transparency, integrity and mutual responsibility, and the drive to reinforce the company’s culture and values by supporting social initiatives through Fundación Cepsa and informal employee networks. Furthermore, Cepsa’s culture of continuous improvement and innovation, its good working environment and personalized attention, and the soundness of the control systems applied to its processes were differential factors in the evaluation process.

For his part, the general manager and CEO of the Excellence in Management Club, Ignacio Babé, pointed out: “It is a joy and satisfaction to award Cepsa its first EFQM 600 Seal, thanks to its commitment to transformation and continuous improvement, because it proves that this industry is also committed to sustainability, innovation and excellence. More than 10 years ago it began its journey towards improving management, with an emphasis on excellence, innovation and sustainability, based on the EFQM Model and becoming a benchmark in its sector. This time, we are celebrating this new recognition, among other reasons, because of its solid management and good governance system, the strong relationships built with all its stakeholders and its consolidated culture of continuous improvement and innovation, leveraged on a global, balanced and well-structured management system, as promoted by the EFQM Model.”

 

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