News

2017-10-27 00:00:00.0

The number of beneficiaries in this seventh edition exceeds 45,000

Iberdrola will back 31 social aid projects for vulnerable groups

  • This new edition, for which the company is allocating more than a million euros, is focusing on social inclusion, with special attention to children, youth and women.
  • More than 60% of the selected actions are long-term actions, and the programme will create demand for 130 jobs directly, as well as 260 volunteers.

The Iberdrola Foundation has finalised the 2017 Call for Applications for Social Grants, 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.

A total of 31 projects have been selected for the seventh funding round, with more than 45,000 beneficiaries, and 1,088,000 euros to be allocated. Each of these initiatives will be allocated funding up to a maximum of 40,000 euros, which must be less than 50% of the project's total budget, and the project will be carried out in 2018.

Furthermore, these actions encourage volunteering and directly contribute to job creation. In this edition alone, the programme will create demand for 130 jobs directly, and 260 volunteers. 

This initiative, which will be undertaken in Spain, springs from the company's commitment to society, especially to children, young people. Furthermore, and for the first time, this funding round of the programme will prioritise support for the most vulnerable women.

61% of the entities selected by Iberdrola’s Social Grants Programme are involved in long-term projects built on years of collaboration and alliance with the company. 

Of the initiatives selected in 2017, 42% are aimed at avoiding poverty and social exclusion by promoting training and job inclusion, 26% address the social inclusion of people with disabilities, and the remaining 32% improve the quality of life of people with serious illnesses.

These plans are being carried out by both domestic and international non-profit organisations with a proven track record, such as: Cáritas, Save The Children, Fundación Síndrome de Down, Proyecto Hombre, Asociación Española Contra el Cáncer (AECC), Fundación Tomillo and Menudos Corazones.

Furthermore, we’ve taken into consideration the criteria of rigour, transparency and good governance in these entities, and the indispensable requirement has been that they have proven experience in social projects and audited accounts for the last several financial years, as well as their by-laws and documentation published on their website.

The list of selected initiatives is available on the Fundación Iberdrola España website www.fundacioniberdrolaespana.org.

 

Iberdrola supports society

Each year the company supports some thirty social projects through the invitations it has been sending out since 2010 via its foundation in Spain. To date, this Social Grants Programme has promoted over 300 projects, helping around 45,000 beneficiaries a year on average.

The Iberdrola Social Grants Programme reflects the United Nationals Sustainable Development Goals (SDG), which are an integral part of the company’s strategy. In line with the group’s activity, this initiative is focused on achieving goals number 1 (no poverty), goal 4 (quality education), goal 10 (reduced inequalities), goal 3 (good health and well-being) and goal 5 (gender equality).

Furthermore, Iberdrola, through its foundation in Spain, is taking action in another three major fields: training and research, biodiversity and arts and culture.

Of particular note in the area of training is the International Iberdrola Grants Programme; in biodiversity we can highlight the Bird Migration Programme (www.migraciondeaves.org); and lastly, in conservation of historical and artistic heritage, Iberdrola is behind highly relevant projects like the Atlantic Romanesque Plan (www.romanicoatlantico.org) and the Lighting Programme for singular buildings, such as the one for the Prado Museum called Lighting the Prado).