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09/10/2018Iberdrola and CESEDEN analyse the challenges climate change poses for national defence This morning, Iberdrola and the Centre of Studies for National Defence (CESEDEN), the main joint military training centre of the Spanish Armed Forces, held the Seminar on Armed Forces and Civil Society: .climate change and security The opening of this day, at 9.00, was the responsibility of; Francisco José Dacoba Cerviño, brigadier general, director of the Spanish Institute of Strategic Studies and co-director of the seminar; Santiago Martínez Garrido, director of the Legal Services of Iberdrola; and Manuel Aragón Reyes, Professor of Constitutional Law at the UAM and co-director of the seminar. During the latter, a group of 15 climate change experts analysed the harmful consequences of this serious problem for society and, in particular, for national defence, while also presenting the measures adopted by both Public Administrations and companies such as Iberdrola in order to mitigate such consequences. Thus, in the first part of the seminar, entitled The challenges of climate change, Emilio Sánchez de Rojas, a graduate Colonel on the Army General Staff and a collaborator in the Spanish Institute for Strategic Studies, gave a speech: Climate Change, a fact of life. Then, Beatriz Yordi Aguirre, director of the European Commission’s European and International Carbon Markets, gave a presentation on how the EU is dealing with the problem. After that came an explanation from Teresa Solana Méndez de Vigo, advisory member of the Spanish Office of Climate Change, of the measures promoted by Spain to combat the problem. Finally, María del Mar Hidalgo García, an analyst at the Spanish Institute for Strategic Studies, reported on The influence of climate change and environmental degradation on national security. Combating climate change is everyone's job The second part of the seminar witnessed the participation of Ignacio García Sánchez, a captain and analyst in the Spanish Institute of Strategic Studies, who, under the title,The Armed Forces and the company in the face of climate change, focused his presentation on climate change and the transformation of the Western Armed and Security Forces (FAS, its Spanish acronym). Afterwards, José Francisco Pérez-Ojeda y Pérez, Vice Admiral and General Director of Infrastructures of the Ministry of Defence, explained the measures adopted by the Ministry to fight against climate change. Next, Lara Lázaro Touza, principal researcher on the Energy and Climate Change Programme at the Elcano Royal Institute, analysed The role of large companies in the face of climate change. Finally, Carlos Sallé, Iberdrola’s director of Energy Policy and Climate Change took up the challenge and emphasised the company’s firm and historic commitment to sustainable development, as well as its commitment to renewable energy. The Seminar on the Armed Forces and Civil Society: climate change and security was closed, at around 2pm, by Rafael Sánchez Ortega, Lieutenant General of the Air Force and Director of CESEDEN, and the Secretary of the Board of Directors of Iberdrola, Julián Martínez-Simancas. About CESEDEN The Centre for National Defence Studies (CESEDEN) is the main joint military teaching centre of the Spanish Armed Forces. CESEDEN is responsible for the giving of courses on national defence studies, as well as for developing research and the promotion and dissemination of defence culture. Among the most important courses that are taught at the centre are the National Defence course, the training course for promotion to General Officer level or the Staff Course of the Armed Forces. For the development of its tasks and, especially, to conduct studies leading to graduate degrees, CESEDEN establishes partnerships and agreements with public and private universities, university defence centres (CUD, its Spanish acronym), and other corporations and institutions, public and private. To carry out these teaching and research tasks, at its disposal, it has the Higher School of the Armed Forces (ESFAS, its Spanish acronym), the Spanish Institute for Strategic Studies (IEEE), the Joint Centre for the Development of Concepts (CCDC) and the Spanish Commission for Military History (CEHISMI). About Iberdrola Iberdrola is a global energy leader, the biggest producer of wind power and one of the five top power companies in the world in terms of stock market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of €31.26 billion and a net profit of €2.8 billion in 2017. Iberdrola is leading the transition towards a sustainable energy model through its investments in energy from renewable sources, smart grids, large-scale energy storage and digital transformation in order to offer its customers the most advanced products and services. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. Iberdrola is listed on numerous international sustainability indices, among them the Dow Jones Sustainability Index and FTSE4Good, and it is considered one of the most sustainable electricity utilities in the world. READ MORE
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08/10/2018Ignacio Galán: "The cost of electricity in households has increased by 30% less than the income of Spanish families over the last 40 years" The chairman of Iberdrola, Ignacio Galan, said this morning in the Congress of Deputies that over the last 40 years, "the unit cost of electricity for households in homogeneous terms - that is, eliminating the taxes[1] that have been added to the bill - has increased 30% less than the average income of a Spanish family, 40% less than the price per square metre of housing in the capital and 45% less than the cost of a product as fundamental as bread.” "Even considering all the taxes and energy policy costs currently included in the electricity bill, the final price per kWh has grown 7% less than the average family income[2]," said Ignacio Galán during the presentation of the paper Economic Development and the Energy Model. During the course of this speech, within the framework of the symposium The Great Transformation in Public Services: 40 years that changed Spain (1978-2018), Iberdrola's chairman asserted that this evolution "has been possible thanks to the significant effort of the Spanish electricity companies to improve their operational efficiency". In fact, in the early years of this century, analysts[3] from the most prestigious investment banks considered Spanish companies to be the most efficient companies in Europe. Similarly, Galán also stressed that "Spanish electricity companies are today more efficient, solid and international", which has turned them into world leaders and "engines for growth and dynamisation in the country's economy". In the case of Iberdrola, it has gone from being a domestic company to being placed, with 100% private capital, among the five largest in the world, "something unthinkable at the dawn of our democracy". Spanish electricity companies are today more efficient, solid and international "Since we transformed our model in 2001 to focus our growth on renewables and the electricity grids and storage necessary for their integration, Iberdrola has invested 25 billion euros in Spain," said the chairman. Driving force for Spanish industry As a result, today "Iberdrola generates more than 85,000 jobs in our country[4] and purchases goods and services from nearly 5,000 Spanish suppliers worth 4.7 billion euros annually[5]. Of that total, it allocates more than 800 million to international projects”. This has allowed "us to promote the revitalisation and opening to new markets for industrial companies such as Navantia and Siemens-Gamesa". Reviewing the evolution of the sector, Ignacio Galán also highlighted "the degree of diversification and environmental sustainability of our generating portfolio, which has reduced its emissions per production unit by nearly 40% in the [reference] period". Thus, for example, "coal and fuel oil plants have gone from providing half of the electricity in 1978 to only representing 20%, even in a year with scarce rainfall such as last year”. On the other hand, renewable capacity has almost quadrupled to over 51,500 MW, thanks to a 50% net increase in hydroelectric power (+6,832 MW) and the incorporation of other technologies, mainly wind and photovoltaic, which now account for 30% of total capacity (+31,155 MW). Likewise, the chairman of Iberdrola referred to the improvements in the service provided to Spanish citizens: "The quality of supply is now nine times better than in 1987, the first year in which this parameter was measured, with Spain now well ahead of other European countries around us - with twice the quality - and the United States.” The opportunities presented by the energy transition Ignacio Galán reiterated today that, although it is only responsible for 25% of global emissions, "the electricity sector is the one that offers the greatest advantages for advancing efficiently in the decarbonisation process. He went on to explain that "the integration of the more than 40,000 MW of installed renewable capacity required in the system - 40% of total current power - will also make it essential to extend and digitise our electrical networks and substantially increase storage capacity, both on a large scale - with new hydroelectric uses - and through batteries". "This scenario will require the mobilisation of investment worth more than 70 billion euros over the next 10 years alone," continued the chairman. To this end, as the international organisations and the main agents of the financial markets have been demanding, it will be necessary to have clear frameworks and incentives that guarantee regulatory stability and attract the necessary capital.” Finally, for Galán, "the transition towards a more sustainable energy system will allow us to obtain important advantages for our society": * The improvement in air quality and, consequently, in health, will prevent 24,000 premature deaths per year in Spain and a health cost equivalent to 3.5% of Spanish GDP[6]. * It will encourage the revitalisation of industry and job creation. According to data from the International Labour Organization, for every job lost, four new jobs will be generated in future sectors such as renewable energies, electric mobility and sustainable building. * We will increasingly reduce our energy dependence, which is still 73% because we import almost 100% of the oil and gas we consume, as well as a large part of the coal. * The mass influx of renewable energies will allow a substantial and structural reduction in the price level of electricity and its volatility. About Iberdrola Iberdrola is a global energy leader, the biggest producer of wind power and one of the five top power companies in the world in terms of stock market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of €31.26 billion and a net profit of €2.8 billion in 2017. Iberdrola is leading the transition towards a sustainable energy model through its investments in energy from renewable sources, smart grids, large-scale energy storage and digital transformation in order to offer its customers the most advanced products and services. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. Iberdrola is listed on numerous international sustainability indices, among them the Dow Jones Sustainability Index and FTSE4Good, and it is considered one of the most sustainable electricity utilities in the world. [1] Generation tax (7%), VAT and Electricity tax. [2] Increase by 8.5 times compared to 9.1 times for the average income. [3] Report Utilities efficiencies: Identifying the Overweights Credit Suisse First Boston, September 2002 [4] According to Price Waterhouse Coopers. [5] Including energy supplies. [6] Report Air quality in Spain during 2016, Ecologistas en Acción, data from the European Environment Agency and the World Bank. READ MORE
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07/10/2018Ignacio Galán, recognised with the Civil Guard Silver Cross Order of Merit Iberdrola chairman, Ignacio Galán, has received today the Civil Guard Silver Cross Order of Merit, during a ceremony presided over by the Minister of the Interior, Fernando Grande-Marlaska, which has taken place in the Plaza Mayor in Salamanca. This distinction is a recognition of the company's close collaboration and constant support for the Civil Guard. The medal award ceremony, held as the culmination of the week commemorating the Civil Guard's patron saint the Virgin of El Pilar, was attended by the president of the Community of Castilla y León, Juan Vicente Herrera; the mayor of Salamanca, Alfonso Fernández Mañueco; the Secretary of State for Security, Ana Botella, and the general director of the Civil Guard, Félix Vicente Azón. READ MORE
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03/10/2018Iberdrola completes the installation of the wind turbines in its first wind farm in the Canary Islands Canary Islands. Iberdrola has just completed one of the main milestones in the construction of a wind project: the installation of wind turbines in the Chimiche Park in Granadilla de Abona (Tenerife), its first wind farm in the Canary Islands and the first built by the company in Spain in the last six years. Containing seven 80-metre, 2.625 MW Siemens Gamesa wind turbines, the park has a total capacity of 18.375 MW, assigned in the Specific Canary Islands Wind Power Quota Tax Scheme. The facility will be operational before the end of 2018 and its production will allow the supply of renewable energy to a population equivalent to 15,000 households, which will avoid emissions of 33,000 tons of CO2. The project, which Iberdrola shares with a local partner through the company Energías Ecológicas de Tenerife, represents an investment of 30 million euros to install the wind turbines, the electricity transmission line and the transformer substation. Connecting to the substation, which is 4 km from the park, has required a series of complex civil engineering tasks to deploy the electrical infrastructure across a landscape that is characterised by the existence of many ravines. Leading wind energy producer in Spain Iberdrola is the leading wind energy producer in Spain, with an installed power capacity of more than 5,700 megawatts (MW) in the country, distributed across practically the whole Spanish territory. In addition, its total installed renewable capacity exceeds 15,800 MW. Worldwide, Iberdrola has a installed renewable capacity of 29,500 MW, allowing 67% of its total capacity to be emission-free, making its generation portfolio one of the cleanest in the energy sector. About Iberdrola Iberdrola is a global energy leader, the biggest producer of wind power and one of the five top power companies in the world in terms of stock market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of €31.26 billion and a net profit of €2.8 billion in 2017. Iberdrola is leading the transition towards a sustainable energy model through its investments in energy from renewable sources, smart grids, large-scale energy storage and digital transformation in order to offer its customers the most advanced products and services. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. Iberdrola is listed on numerous international sustainability indices, among them the Dow Jones Sustainability Index and FTSE4Good, and it is considered one of the most sustainable electricity utilities in the world. READ MORE
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02/10/2018Together with other business leaders, Ignacio Galán analyses the role of women in companies The Chairman of Iberdrola has participated in the Forbes Women’s Summit 2018, held at the Rafael del Pino Auditorium and attended by almost 400 professionals and managers of large companies, with the aim of studying in depth a new business model with a stronger presence of women as leaders. During the conversation with the journalist and curator of the Forbes Women’s Summit, Gloria Lomana, Ignacio Galán stressed his company’s strategic commitment to the social dividend: "We’re the only company with the commitment to having a social dividend in its statutes." He also emphasised Iberdrola’s great work in the field of women's sports: “We sponsor 16 types of women’s sports. And our support isn’t just for show. We include it in our social activity. Whether or not it would bring us returns isn’t what encouraged us to do this. Our social dividend encouraged us, our commitment to society." Finally, he highlighted the emotional intelligence of women as an added value to the company; "When it comes to managing companies, it's very important to have emotional intelligence, to understand what the other person is saying ... and that’s where women beat us hands down." READ MORE
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01/10/2018Iberdrola allocates 1.5 million to its 2019 Social Program Through the Foundation in Spain , Iberdrola has finalised the 2019 Social Program, which seeks to contribute to social development and improved quality of life for the most vulnerable people in the Spanish territories where the company does business. Throughout 2019, the company will work closely with 54 social entities, benefiting over 80,000 people through an investment of €1.5 million. 74% of the budget is allocated to finalist projects selected in a call, while the remaining 26% corresponds to alliances with social entities. The selected projects, which obtain funding of up to a maximum of €40,000 –which must not exceed 50% of the total project budget– focus their efforts on social inclusion, with special attention to children, disabled people and people with serious illnesses. In addition, these initiatives will encourage volunteering and contribute towards creating direct jobs. In this edition alone, the programme will involve 200 direct jobs and 250 volunteers. Of all the initiatives chosen, 44% are aimed at avoiding situations of poverty and social exclusion, prioritising the fight against child poverty; 25% address improving the quality of life of people with serious illnesses and the remaining 31% address the social inclusion of people with disabilities. This initiative, which will take place in Spain, is characteristic of the company's commitment to society and is aligned with the United Nations Sustainable Development Goals (SDS) for 2030, integrated into the company's business strategy. Specifically, Iberdrola’s Social Programme focuses its efforts on meeting goals 1 (no poverty), 3 (good health and well-being), 4 (quality education), 5 (gender equality), 10 (reduced inequalities) and 17 (partnerships for the goals). These plans will be developed by national and local non-profit organizations with proven experience, such as: Cáritas, Save The Children, Fundación Síndrome de Down, Proyecto Hombre, Asociación Española Contra el Cáncer (AECC), Fundación Tomillo and Menudos Corazones. The criteria of thoroughness, transparency and good governance implemented by these institutions were also taken into account. It was an indispensable requirement that they demonstrate their experience in social projects and for their accounts from the most recent years to have been audited. Another requirement was that their articles of association and documentation must be published on their websites. The list of selected initiatives has been posted on the Fundación Iberdrola España website. Iberdrola, committed to society Iberdrola, through its Social Programme, has already allocated over 8 million euros to social initiatives in Spain that have benefited a total of 270,000 people. Since this plan was launched in 2010, we have promoted over 300 projects that have contributed to social inclusion, especially that of children, young people and women in vulnerable situations. All these actions, which fall within the framework of Iberdrola's commitment to the creation of value in the regions where it operates, have allowed the creation of 800 jobs and the participation of 2,000 volunteers. Fundación Iberdrola España also focuses its activities on training and research in the field of energy, through scholarship programmes and grants aimed at young people, biodiversity projects protecting the environment, and cultural development, centred on caring for and maintaining cultural and artistic treasures. About Iberdrola Iberdrola is a global energy leader, the number one producer of wind power, and one of the world’s biggest electricity utilities by market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of €31.26 billion and a net profit of €2.8 billion in 2017. Iberdrola is leading the energy transition towards a sustainable model through its investments in energy from renewable sources, smart grids, large-scale energy storage and digital transformation in order to offer its customers the most advanced products and services. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. Iberdrola is listed on numerous international sustainability indices, among them the Dow Jones Sustainability Index and FTSE4Good, and it is considered one of the most sustainable electricity utilities in the world. READ MORE
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01/10/2018Ignacio Galán: “It's never too late to invest in renewable energies, but you’d better be fast” Iberdrola's Chairman has given an interview to the Bloomberg TV channel to describe where the energy sector currently finds itself and the political and economic situation of the countries in which Iberdrola operates. Ignacio Galán urged the European Union to be aware of its energy needs, both present and future, and to act accordingly. He did not rule out the occurrence of power cuts in the UK due to supply shortages and quantified the investment Spain needs to make to tackle the energy transition at 80 billion euros. During the interview, Mr Galán applauded the rise of coal prices back to reasonable levels and asked for contaminating energies to be penalised and clean ones to be rewarded. Regarding electric vehicles, Mr Galán did not hesitate to forecast a boom once these become more highly developed, offer a greater range and are cheaper to buy. Likewise, when asked about the Eletropaulo dispute, Mr Galán made a point of reminding his audience that Iberdrola will never pay more for an asset than its true market value: “We are not going to invest money if we think we won’t obtain a return”, he assured. Reviewing the current political situation of the countries in which Iberdrola is present, Ignacio Galán remembered the anniversary of the Catalonian conflict, making a point of highlighting that in Spain there is consolidated democracy with a clear separation of powers. With respect to Brazil, where Iberdrola is the number one company as far as number of customers is concerned, he believes that notwithstanding the result of the upcoming elections, the eventual government will continue to follow the reasonable regulatory policy currently in place. He also celebrated the fact that Canada has aligned itself to the trade agreement between Mexico and the US before closing the interview by placing an extremely positive value on the respect being shown for the regulatory framework despite the economic downturn affecting both Brazil and Mexico. READ MORE
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28/09/2018Iberdrola brings together more than 1,800 volunteers on International Volunteer Day Iberdrola will bring over 1,800 volunteers together on its International Volunteer Day in different initiatives, which it will carry out in the main countries where it is active: Spain, the UK, the USA, Mexico and Brazil. Under the slogan "Together we build the world we want!", this year the company wanted to dedicate this solidarity event to the fight against climate change and has directed its volunteer activities at caring for the environment, as well as at the inclusion of vulnerable groups and raising awareness regarding diversity. Iberdrola International Volunteer Day is an opportunity for Group employees to channel their spirit of solidarity. This is to be done through participation in social projects aligned with the company’s values and through making a contribution towards achieving the United Nations’ Sustainable Development Goals (SDGs) . In Spain, initiatives will be carried out simultaneously, with 30 organisations, in 23 cities or municipalities of 12 Autonomous Communities: The Community of Madrid, the Basque Country, Castile-La Mancha, Catalonia, the Valencian Community, Galicia, Castile and León, Murcia, Navarre, La Rioja, Andalusia and Extremadura. Employees will be able to take part in different activities which rehabilitate natural spaces, increase awareness of cultural diversity, raise awareness about the fight against climate change and environmental activities. They will work on environmental activities, among which stand out: * the restoration of Butarque Park (Madrid); * the construction of vertical gardens in Bilbao; * the removal of invasive species in Monte Ulía (San Sebastián); * the cleaning and reforestation of the Dunes of Gavá (Barcelona); * the replanting of areas affected by fires in Parada do Sil (Orense) * or the maintenance and adaptation of the Albufera Natural Park, in Valencia. Likewise, activities will be encouraged to promote the autonomy and environmental awareness of groups with intellectual disabilities in Valencia, Valladolid and Galicia. In Toledo, micro-climate gardens will be created with the help of senior citizens; in Soria, group employees will help to prepare a Children's Forest and, in Zamora, days of sports and environmental action will be held with people at risk of social exclusion. A joint action carried out in 5 countries Iberdrola promotes this initiative simultaneously in the five main countries where it operates: Spain, the UK, the USA, Mexico and Brazil. Employees of AVANGRID , the Group’s US subsidiary, will be able to choose between different activities in the states of Connecticut, New York and Maine. In Connecticut, for example, they will help by cleaning weeds and rubbish from the roads in East Rock Park, one of the State’s most emblematic natural spaces. They will also clean the river bank and work on preparing the difficult access roads to the sanctuary at Fairfield. In New York, they will work to repair stretches of the Penfield hiking trails and on releasing sturgeons in Rochester. In the United Kingdom, professionals from the subsidiary ScottishPower will be involved in activities, which, among others, include the cleaning of riverbanks to regenerate the green space along the Carron River or the creation of a sensory garden in a centre for young people with serious learning difficulties. In Sussex, employees will assist with traditional sustainable methods that allow the use of wood without harming the growth of forests. Iberdrola México employees, meanwhile, will carry out various activities such as picking up solid waste from the banks of the Moctezuma River (Tamazunchale, San Luis Potosi), freeing up its channel and encouraging its restoration and care. They will also help the rehabilitation and reforestation of La Blanca (Oaxaca) with 230 fruit and forest species, or help to clean and prune trails to prevent pests in the San Lorenzo Canyon in Saltillo. In Brazil, in Rio de Janeiro, the professionals from our subsidiary Neoenergia take part in the planting of trees, plants and vegetables in a plaza in the Campo Grande neighbourhood, which due to population density and growth is running out of green areas. In Ilha de Deus, Recife, they will breathe new life into the quarries on the edges of the mangrove which serve the community as recreational areas. In Natal, an environmental protection zone will be recovered by planting Atlantic Forest in a degraded area of Parque da Cidade Over 8,000 opportunities for volunteers The company annually makes available to its employees more than 8,000 volunteer opportunities, through its multi-country volunteer portal created specifically to mobilise the talent, time and energy of its professionals Through this global, trilingual tool - Spanish, English and Portuguese - a global volunteer community has been consolidated, open to all Iberdrola Group employees, which contributes to the improvement of our environment and the quality of life of the most vulnerable people. International Volunteer Day allows Iberdrola to publicise the Corporate Volunteer Programme launched in 2006, within the framework of its commitment to the promotion of initiatives that encourage the involvement of its teams in the realities of the most disadvantaged in society; a purpose aligned with the United Nations’ SDGs. In line with the company’s activity, this programme focuses efforts on fulfilling goals number 7 (affordable and non-polluting energy), number 13 (climate action), number 3 (health and well being), number 4 (quality education) and number 10 (reducing inequality). Iberdrola’s Corporate Volunteer Programme has received several awards. Recently, Iberdrola won the Innovation Award (Premio a la Innovación) 2018 in the Private Sector category. A prize awarded by the IMPACT2030 network (a private sector and UN initiative), in recognition of Iberdrola's corporate volunteer programme. In 2016, the company received a Special Mention by the King of Spain, on the occasion of the celebration of the first decade of its International Programme. And in 2015, it was awarded the prize for the most Caring Company (Empresa Solidaria) of the year on the part of International Cooperation. About Iberdrola Iberdrola is a global energy leader, the number one producer of wind power, and one of the world’s biggest electricity utilities by market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of €31.26 billion and a net profit of €2.8 billion in 2017. Iberdrola is leading the energy transition towards a sustainable model through its investments in energy from renewable sources, smart grids, large-scale energy storage and digital transformation in order to offer its customers the most advanced products and services. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. Iberdrola is listed on numerous international sustainability indices, among them the Dow Jones Sustainability Index and FTSE4Good, and it is considered one of the most sustainable electricity utilities in the world. READ MORE