THE DRIVING IDEAS OF THE GOVERNANCE AND SUSTAINABILITY SYSTEM
The Driving Ideas of the Governance and Sustainability System
Leadership in corporate governance and transparency is one of the hallmarks of Iberdrola's identity: The Board of Directors therefore regularly reviews the Governance and Sustainability System, keeping it updated and including therein the good governance recommendations and best practices generally accepted in international markets.
In order to disseminate the content thereof and to assist in searching by subject matter, symbols are included together which each norm that identify the main "driving ideas" contained therein:
Iberdrola takes into consideration, in its daily activities, the seventeen Sustainable Development Goals (SDGs) approved by the United Nations and, in particular, contributes to the objectives relating to the supply of affordable and clean energy and the fight against climate change.
The rules of the Governance and Sustainability System that include the Sustainable Development Goals "driving idea" are the following:
By-Laws
Purpose
- Purpose and Values of the Iberdrola group [PDF]
- Code of Ethics [PDF]
- General Sustainable Development Policy
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- Stakeholder Engagement Policy
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Environment and Climate Change
- Sustainable Management Policy
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- Environmental Policy
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- Climate Change Policy
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- Biodiversity Policy
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Social Commitment
- Policy on Respect for Human Rights
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- Diversity and Inclusion Policy
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- Equal Opportunity and Reconciliation Policy
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- Human Resources Framework Policy
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- Recruitment and Selection Policy
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- Knowledge Management Policy
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- Innovation Policy
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- Quality Policy
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Corporate Governance
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Corporate Governance and Regulatory Compliance Policies
- Board of Directors Diversity and Director Candidate Selection Policy
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- Director Remuneration Policy
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- Iberdrola Group Non-Financial Information Preparation Policy
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- Anti-Corruption and Anti-Fraud Policy
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- Crime Prevention Policy
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- Corporate Tax Policy
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- Board of Directors Diversity and Director Candidate Selection Policy
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Risk Policies
- Summary of the Corporate Risk Policies
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This summary includes the following policy:
- Purchasing Policy
- Occupational Safety and Health Risk Policy
- Summary of the Corporate Risk Policies
-
Governance Rules of the Corporate Decision-Making Bodies and of Other Functions and Internal Committees
Iberdrola recognises the seriousness of the threat of global warming and commits to taking on a leadership role in the fight against climate change.
The rules of the Governance and Sustainability System that include the Climate Change and Environment "driving idea" are the following:
By-Laws
Purpose
- Purpose and Values of the Iberdrola group [PDF]
- Code of Ethics [PDF]
- General Sustainable Development Policy
Download document [PDF]
- Stakeholder Engagement Policy
Download document [PDF]
Environment and Climate Change
- Sustainable Management Policy
Download document [PDF]
- Environmental Policy
Download document [PDF]
- Climate Change Policy
Download document [PDF]
- Biodiversity Policy
Download document [PDF]
Social Commitment
Corporate Governance
-
Risk Policies
- Summary of the Corporate Risk Policies
Download document [PDF]
This summary includes the following policy:
- Purchasing Policy
- Summary of the Corporate Risk Policies
-
Governance Rules of the Corporate Decision-Making Bodies and of Other Functions and Internal Committees
The Company commits to a proactive search for two-way interaction with the Company's shareholders in order to encourage their engagement in corporate life and forge a sense of belonging, maintaining a constructive, ongoing and effective dialogue with them.
The rules of the Governance and Sustainability System that include the Shareholder Engagement "driving idea" are the following:
By-Laws
Purpose
Corporate Governance
-
Corporate Governance and Regulatory Compliance Policies
-
Governance Rules of the Corporate Decision-Making Bodies and of Other Functions and Internal Committees
The Company has established the development of professional relationships based on diversity, inclusion and sense of belonging, equal opportunity and non-discrimination in the management of people. In particular, it regards the achievement of gender equality within the Company to be one of the essential values of the organisation.
The rules of the Governance and Sustainability System that include the Gender Diversity "driving idea" are the following:
By-Laws
Purpose
- Purpose and Values of the Iberdrola group [PDF]
- Code of Ethics [PDF]
- General Sustainable Development Policy
Download document [PDF]
Social Commitment
- Diversity and Inclusion Policy
Download document [PDF]
- Equal Opportunity and Reconciliation Policy
Download document [PDF]
- Human Resources Framework Policy
Download document [PDF]
- Recruitment and Selection Policy
Download document [PDF]
Corporate Governance
-
Corporate Governance and Regulatory Compliance Policies
-
Risk Policies
- Summary of the Corporate Risk Policies
Download document [PDF]
This summary includes the following policy:
- Purchasing Policy
- Summary of the Corporate Risk Policies
-
Governance Rules of the Corporate Decision-Making Bodies and of Other Functions and Internal Committees
The corporate and governance structure of the Iberdrola group is based on the organisation around the Company and the various country subholding companies and head of business companies, which seeks a balance between decentralised management and the exploitation of the synergies that arise from belonging to the group.
The rules of the Governance and Sustainability System that include the Decentralised Structure "driving idea" are the following:
By-Laws
Purpose
- Purpose and Values of the Iberdrola group [PDF]
- Code of Ethics [PDF]
- General Sustainable Development Policy
Download document [PDF]
- Stakeholder Engagement Policy
Download document [PDF]
Corporate Governance
-
Corporate Governance and Regulatory Compliance Policies
- General Corporate Governance Policy
Download document [PDF]
- Policy for the Definition and Coordination of the Iberdrola Group and Foundations of Corporate Organisation
Download document [PDF]
- Brand Policy
Download document [PDF]
- Statutory Auditor Contracting and Relations Policy
Download document [PDF]
- Iberdrola Group Financial Information Preparation Policy
Download document [PDF]
- Iberdrola Group Non-Financial Information Preparation Policy
Download document [PDF]
- Personal Data Protection Policy
Download document [PDF]
- General Corporate Governance Policy
-
Risk Policies
- General Risk Control and Management Policy
Download document [PDF]
- Summary of the Corporate Risk Policies
Download document [PDF]
This summary includes the following policies:
- Corporate Credit Risk Policy
- Corporate Market Risk Policy
- Operational Risk in Market Transactions Policy
- Insurance Policy
- Investment Policy
- Financing and Financial Risk Policy
- Treasury Share Policy
- Risk Policy for Equity Interests in Listed Companies
- Purchasing Policy
- Information Technology Policy
- Cybersecurity Risk Policy
- Reputational Risk Framework Policy
- General Risk Control and Management Policy
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Governance Rules of the Corporate Decision-Making Bodies and of Other Functions and Internal Committees
- Regulations of the Board of Directors [PDF]
- Regulations of the Audit and Risk Supervision Committee [PDF]
- Basic Internal Audit Regulations [PDF]
- Regulations of the Sustainable Development Committee [PDF]
- Regulations of the Compliance Unit [PDF]
- Internal Rules on Composition and Duties of the Operating Committee [PDF]
Iberdrola promotes a culture of "zero tolerance" towards corruption and fraud that inspires its effective and independent compliance system, which is under continuous review in order to incorporate the most advanced international practices in this area.
The rules of the Governance and Sustainability System that include the Compliance "driving idea" are the following:
By-Laws
Purpose
Social Commitment
Corporate Governance
-
Corporate Governance and Regulatory Compliance Policies
-
Risk Policies
- Summary of the Corporate Risk Policies
Download document [PDF]
This summary includes the following policy:
- Purchasing Policy
- Occupational Safety and Health Risk Policy
- Summary of the Corporate Risk Policies
-
Governance Rules of the Corporate Decision-Making Bodies and of Other Functions and Internal Committees
-
Market Abuse Prevention Rules