ADDED VALUE: SOCIAL DIVIDEND
We work to provide shared added sustainable value for all of our Stakeholders
Iberdrola group sees the social dividend as a way of providing direct, indirect or induced added value to Stakeholders through our activities, while also helping to fulfil the Sustainable Development Goals (SDGs).
Behind Social Dividend can be found:
- Iberdrola's commitment to sustainable development.
- The contribution to the progress of the societies into which Iberdrola becomes integrated and in which it wants to be a motor for economic, social and environmental change.
- Share the success of Iberdrola's business project with all Stakeholders.
- The direct, indirect and induced impacts of Iberdrola activities for all Stakeholders.
- Iberdrola's response to the most relevant sector issues, the needs of its Stakeholders and the most important challenges faced by the communities in the countries in which it operates.
- Iberdrola's boost to the business communities in which it participates and leads from an economic point of view, from the perspective of business ethics, promoting diversity, equality, inclusion, a sense of belonging and justice, encouraging innovation and environmental care through generating quality employment that guarantees equal opportunities and non-discrimination in managing people, as well as leadership in the fight against climate change.
The following chart is a summary overview of the most prominent aspects of Iberdrola's creation of value in each of its eight Stakeholders:
Main aspects of sustainable value contribution for our stakeholders
Workforce
Quality employment and an equal, diverse and inclusive work environment:
• Direct employment: 40,700 people
• New recruitments: 4,700 people
• Training: 68 hours per person per year
• Diversity: 90 different nationalities
• Commitment to increase the number of women in positions of responsibility and relevance
• Occupational safety: target 0 unsafe situations for 0 accidents
• Flexibility and reconciliation measures
• Launch of Iberdrola's International Graduate Programme
• Iberdrola Innovation and Training Campus
Shareholders and the financial community
Stability and return on invest:
• Business model: resilient, responsible, sustainable and long term
• Governance and sustainability system: based on ethics, good governance and transparency
• Net profit: €4.3bn (+12%)
• EBITDA: €13.2bn (+10%)
• Cash flow: €11.1bn (+25%)
• Dividend yield: 4.5%. Total shareholder return: 9.8%
• Leadership in green and sustainable finance: €9.5bn
• Sustainability rankings: presence in the most relevant rankings
• Shareholder engagement measures: dialogue and participation
Regulatory entities
Institutional collaboration:
• Leading the energy transition: investments in renewables, smart grids, large-scale energy storage and digital transformation
• Record investments: more than €10.73bn (+13%)
• Taxonomy and investments: 90% investments in activities aligned with European taxonomy
• 2023-2025 Strategic Plan: investments of €47bn
Customers
Secure and competitive energy supply:
• Quality of supply and resolution of weather incidents in record time
• Smart grids: 76% of total networks
• Smart and innovative solutions: residential and industrial areas
• Customer experience: new digital initiatives
• Vulnerable clients: protection procedures
Suppliers
Collaboration, traction and opportunities:
• Purchases: €17.8bn
• Local suppliers: 87% of purchases
• Sustainable supply chain: 91% of the awarded amount allocated to suppliers assessed against ESG criteria
• Promoting SDGs and HR in the supply chain
• Partnerships and agreements: for joint emission reductions and to accelerate and facilitate the development of green products
The media
Transparency and accuracy of information:
• Immediacy and ease of access to information
• Innovation in formats and media
• Constant collaboration
Society at large
Contribution to community development and to the ODS:
• Impact on GDP: €37.152bn (*)
• Direct, indirect and induced employment: 400,000 jobs (*)
• Tax contribution: €7.5bn
• Contribution to the community: €52M, according to international standard B4SI
• Beneficiaries of foundation activity: 5.7M people
• Innovation: €360 M. Leading private electricity company in R&D&I investment in the world
• Iberdrola Campus and launch of the Global Smart Grids Innovation Hub
• Start-up programme: more than 25 pilot projects with start-ups in IoT, robotics, batteries, grids, agrovoltaics, electric mobility and energy efficiency
• Education and training: Agreements with universities. Internship programmes in the company (almost 1,000 vocational training and university students). International scholarship programmes for master's degree studies (43 scholarships)
• Energy access (Electricity for All Programme): 11M beneficiaries
• Participation in just transition initiatives
• Volunteering: 7,000 volunteers and their families
• Sport: support for 600,000 sportsmen and sportswomen
(*)Data corresponding to 2021, according to the study Economic, tax, social and environmental impact of Iberdrola in the world, prepared by PwC.
The environment
Combating climate change and protecting biodiversity:
• Combatting climate change:
- CO₂ emissions: 59 g/kWh: 4 times less than European average
- Goal in 2030: to be carbon neutral in Scopes 1 and 2
- Goal by 2040: Net zero in Scopes 1, 2 and 3
• Global leadership in clean energy: 40,000 MW renewable installed capacity
• Emission-free installed capacity: 80%.
• Biodiversity protection: Conservation, restoration and tree planting programme: 2.5M trees
• Commitment to reduce water consumption
• Circular economy: Wind turbine blade recycling initiative
Download examples of how the group creates value for its Stakeholders [PDF]
We also highlight the best practices carried out in the countries in which Iberdrola has a presence: Spain, the United Kingdom, the United States, Brazil, and Mexico.