SOCIAL CONTRIBUTION

Creating value for society

The activity of the Iberdrola group is a clear engine for wealth and economic and social development: it creates stable, quality employment and generates annually more than 31,100 million euros in the GDP of the countries in which it is present, to which a total of 14 billion euros of tax(*) paid in 2019 must be added. The group has also implemented a comprehensive plan to fight the COVID-19.

Due to the COVID-19 situation, Iberdrola group set up a global action plan to deal with the pandemic since the moment the threat was detected. Its strategy has focused on employees, suppliers and society at large, governed by health and safety principles for supply.

COVID 19 Management. First quarter 2020.

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COVID 19 management

A comprehensive set of measures to ensure safety of our people and security of supply:

Supply chain:

  • Accelerating CAPEX: +24% over previous year
  • Projects under construction continue normal development
  • Close collaboration with suppliers and contractors
  • Accelerated purchases: EUR 3,800 M in last weeks

Employees:

  • Field staff: key resources compartmentalized and independent shifts for employees
  • Office staff: 95% of employees working remotely
  • Enhanced IT and security resources (8X daily meetings through online platforms)

Customers:

  • Easing of payment conditions
  • Working closely with regulatory and government authorities

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 SEE INFOGRAPHIC: Download our infographic on the management of COVID-19 [PDF]

Iberdrola group's sustainable business model creates value for its shareholders, more than 35,000 employees and society at large.

Environmental, Social
and Governance (ESG)

First Quarter 2020
Proactive measures to protect
our employees and contractors
Increasing workforce
Reinforcing online training
Annual remuneration
of EUR 0.40 per share
Financial strength
Liquidity
Maintaining 2020 Outlook
Securing supply
Supporting jobs in suppliers by accelerating purchases
Flexible payment plans to customers
Eur 30 M donations in medical
and sanitary supplies
COVID-19
Extracted from the Results Presentation, First Quarter 2020 (PPT) by the company.
Further information in www.iberdrola.com

We explain how our activities lead to the positive development of all communities in which we operate thanks to the company's so-called 'social dividend'.

CREATING STABLE AND QUALITY JOBS, CONTRIBUTING TO SUSTAINABLE ECONOMIC DEVELOPMENT

We invest

to look ahead to the energy transition

We invest to look ahead to the energy transition


Iberdrola is in the midst of in a stage of sustainable growth in its main geographical and business areas to continue responding to the challenges of the energy transition, providing solutions that have shaped the company, such as the utility of the future after having anticipated the trends of the sector. The planned investments amount to €34 billion by 2022, €30 billion already under construction.


Outlook Update | Sustainability Report

We create value

for our shareholders

We create value for our shareholders


We provide an increasing remuneration for our almost 600,000 shareholders, which total return (TSR) in 2019 stood at 14%. Iberdrola also maintains a constructive, ongoing and effective dialogue with its shareholders so it is aware of their opinions and concerns and can encourage their involvement in the life of the company.


Shareholders

We generate employment

and encourage professional development

We generate employment and encourage professional development


In 2019, Iberdrola generated nearly 400,000 direct, indirect and induced jobs around the world. The commitment to the professional development of our more than 35,000 employees translates into 55 training hours per employee. It also includes the implementation of measures to favour employees' work-life balance, in which Iberdrola is a pioneer. The commitment to training and employability of our human team has been boosted by the creation of our Campus of San Agustín de Guadalix (Madrid).


Talent

We support

innovation and entrepreneurship

We support innovation and entrepreneurship


Innovation will continue to be an essential tool to keep Iberdrola at the forefront of the transformation of the sector, as reflected by our position as the most innovative Spanish utility and the third most innovative in the world. In 2019 we dedicated around €280 million to R&D activities, having increased our investment by 115% over the last 10 years.


Innovation | Sustainability Report

We take care of

the environment and we are committed to energy efficiency

We take care of the environment and we are committed to energy efficiency


Iberdrola established the environmental commitment to reduce the intensity of CO2 emissions by 2030 by 50% with respect to the specific emissions of 2007, and to be carbon neutral by 2050. According to the 2019 Dow Jones Sustainability Index the company is one of the 15 world's most sustainable electricity companies. It is also the only European electricity company to have been included in all 20 editions of the aforementioned index.


Environment | Energy efficiency

We are strengthening

our pull effect with suppliers

We are strengthening our pull effect with suppliers


We continue to have a pull effect on our more than 22,000 suppliers, with purchase contracts that amounted to €20 billion in 2019*. In addition, Iberdrola implements a responsible supply chain management policy, sharing best practices for sustainability with all its trading partners.


Suppliers


Footnote: * Including energy raw materials.

We offer

products adapted to the needs of our customers

We offer products adapted to the needs of our customers


Commitment to our customers, the more than 100 million people we supply with energy around the world, is evident in the safe, high-quality supply that we offer through increasingly efficient equipment and technologies, together with the best and most innovative energy solutions that we put at their disposal, driven by the intense digital transformation of the company.


Sustainability Report

We are committed

to society, training and research

We are committed to society, training and research


Throughout 2019, the foundations of the Iberdrola group have continued to develop programs in the fields of training and research, conservation of biodiversity, promotion of art and culture, and cooperation. The contribution of the company to the goal of quality education materialized in 2019 through the investment of 8.8 million euros in training and master's and doctoral scholarships at universities in Spain and abroad.


Society

Access Stakeholders.

(*) Nota Including Iberdrola's own taxes and collected taxes.

1 Nota Including energy raw materials.