CORPORATE GOVERNANCE
The corporate governance policies and rules ensure the proper operation of Iberdrola's main corporate decision-making bodies, administration and management and the development of the business generally, all in accordance with applicable law.
In particular, these policies and rules are structured into four parts: (i) corporate governance and regulatory compliance policies; (ii) risk policies; (iii) rules on governance of the corporate decision-making bodies and of other internal functions and committees; and (iv) market abuse prevention rules.
- General Corporate Governance Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Shareholder Engagement Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Shareholder Remuneration Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Policy regarding Communication and Contacts with Shareholders, Institutional Investors and Proxy Advisors
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Policy for the Definition and Coordination of the Iberdrola Group and Foundations of Corporate Organization
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Brand Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Board of Directors Diversity and Member Selection Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Director Remuneration Policy
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Approved by the General Shareholders' Meeting at its meeting held on 13 April 2018.
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- Senior Management Remuneration Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Statutory Auditor Contracting and Relations Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Iberdrola Group Financial Information Preparation Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Iberdrola Group Non-Financial Information Preparation Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Anti-Corruption and Anti-Fraud Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Crime Prevention Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Corporate Tax Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- Personal Data Protection Policy
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Approved by the Board of Directors at a meeting held on 15 December 2020.
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- General Risk Control and Management Policy
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Approved by the Board of Directors at a meeting held on 23 February 2021.
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- Summary of the Corporate Risk Policies
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Revised by the Board of Directors at a meeting held on 23 February 2021.
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This summary includes the following policies:- Corporate Credit Risk Policy
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- Corporate Market Risk Policy
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- Operational Risk in Market Transactions Policy
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- Insurance Policy
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- Investment Policy
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- Financing and Financial Risk Policy
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- Treasury Share Policy
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- Risk Policy for Equity Interests in Listed Companies
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- Purchasing Policy
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- Information Technology Policy
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- Cybersecurity Risk Policy
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- Reputational Risk Framework Policy
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- Occupational Safety and Health Risk Policy
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- Corporate Credit Risk Policy
- Summary of the Specific Risk Policies for the Various Group Businesses
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Revised by the Board of Directors at a meeting held on 23 February 2021.
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This summary includes the following policies:- Risk Policy for the Networks Businesses of the Iberdrola group
- Risk Policy for the Renewable Energy Businesses of the Iberdrola group
- Risk Policy for the Liberalised Businesses of the Iberdrola group
- Risk Policy for the Real Estate Business
Governance Rules of the Corporate Decision-Making Bodies and other Functions and Internal Committees
- Regulations for the General Shareholders' Meeting [PDF]
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This restated text includes the amendments approved at the General Shareholders' Meeting held on 2 April 2020, which was registered in the Commercial Registry of Biscay on 20 April 2020.
See amendments [PDF] - Regulations for the Electronic Shareholders' Forum [PDF]
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This restated text was approved by the Board of Directors at its meeting held on 15 December 2020. - Regulations of the Board of Directors [PDF]
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This restated text includes the amendments approved by the Board of Directors at its meeting held on 23 February 2021, which was registered in the Commercial Registry of Biscay on 1 March 2021.
See amendments from 29/03/2019 to 28/02/2020 [PDF] - Regulations of the Audit and Risk Supervision Committee [PDF]
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This restated text includes the amendments approved by the Board of Directors at its meeting held on 15 December 2020. - Basic Internal Audit Regulations [PDF]
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This restated text includes the amendments approved by the Board of Directors at its meeting held on 15 December 2020. - Regulations of the Appointments Committee [PDF]
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This restated text includes the amendments approved by the Board of Directors at its meeting held on 23 February 2021. - Regulations of the Remuneration Committee [PDF]
This restated text includes the amendments approved by the Board of Directors at its meeting held on 15 December 2020. - Regulations of the Sustainable Development Committee [PDF]
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This restated text includes the amendments approved by the Board of Directors at its meeting held on 15 December 2020. - Regulations of the Compliance Unit [PDF]
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This restated text includes the amendments approved by the Board of Directors at its meeting held on 15 December 2020. - Internal Rules on Composition and Duties of the Operating Committee [PDF]
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This restated text was approved by the Board of Directors at its meeting held on 15 December 2020.
- Internal Regulations for Conduct in the Securities Markets [PDF]
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This restated text was approved by the Board of Directors at its meeting held on 15 December 2020.
- Internal Rules for the Processing of Inside Information [PDF]
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This restated text was approved by the Board of Directors at its meeting held on 15 December 2020, to further develop the Internal Regulations for Conduct in the Securities Markets.