The world is changing at a breakneck speed. In a time of profound changes it is necessary to be part of those changes, to promote them and to help people to adapt and ensure that no one is left behind.
Corporate Social Responsibility (CSR) is a priority for companies that are truly committed to the communities they operate in. In the midst of the climate crisis, which has been aggravated by the COVID-19 pandemic, their contribution will be fundamental to achieving a green recovery that drives sustainable economic growth, accelerating the transition to low-carbon societies. Against that background, ESG criteria, which cover aspects related to the environment, society and corporate governance, are key when it comes to making more responsible investments towards the planet.
Iberdrola group acts as a motor for economic and social development by creating stable and quality employment. In this sense, it has committed to investing €75bn until 2025, that will increase to €150 billion in 2030, to boost the industrial fabric and employment in the countries in which it operates.
In a world threatened by climate change, the drive towards a more environmentally friendly economy is not an option, it is an obligation. To achieve such sustainable development, the bioeconomy, which the FAO defines as "knowledge-based production and the use of biological resources, processes and methods to provide goods and services in a sustainable manner in all economic sectors", becomes essential.
Wind and solar power are driving renewables in Europe. As a historical fact proves: renewables became the main source of electricity on the continent in 2020, surpassing fossil fuels for the first time. This is according to a report by Ember and Agora Energiewende. This means that Europe's electricity is 29 % cleaner today than it was in 2015, putting the region on track for a 55 % reduction in greenhouse gases by 2030 and climate neutrality by 2050.
The World Economic Forum unveiled at the Davos Forum 2021 its initiative to improve the state of the world in the wake of the devastating impact of COVID-19. Its name: Great Reset. To do this end, they call for simultaneous global management of the consequences of the pandemic by all stakeholders. The following is a summary of the main aspects of the proposal.