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09/07/2015

TRH THE KING AND QUEEN OF SPAIN AWARD IBERDROLA 2015 SCHOLARSHIPS IN MADRID


The company wishes to promote excellence in training and employment

  • With the company's support, over a hundred young people of five different nationalities will be able to continue their higher-level education next year at prestigious universities in Spain, the UK and the US
  • Ignacio Galán emphasised IBERDROLA's commitment to employment: in 2014 it hired a total of 1,800 people, offered internships to 700 young people and allocated €50 million towards promoting entrepreneurship 

TRH King Felipe and Queen Letizia presented the IBERDROLA scholarships for 2015 at the Casa de América cultural centre in Madrid to the students and young researchers that applied in the various calls organised by the company during the year.

The event was attended by the Minister of Agriculture, Food and Environment, Isabel García Tejerina, who was accompanied by the Chairman of IBERDROLA, Ignacio Galán, and by the Chairman of the Fundación Iberdrola España, Manuel Marín.

Addressing the audience, Mr. Galán reiterated the company's commitment to the future of the up and coming generations, education, professional development and the entrepreneurial spirit. In 2014 IBERDROLA hired some 1,800 new employees and offered internships to 700 young people. It also has a policy for promoting entrepreneurship and has allocated €50 million to innovative business projects in the areas of energy and the environment.

Ignacio Galán also highlighted that the company provided over one million hours of training to its staff in the last year and that 2,300 employees were promoted in the company. Mr. Galán reminded those in attendance that the company remains committed to promoting international mobility for its employees and that it promotes the sharing of experience and knowledge.

The Chairman of IBERDROLA also stressed the company's commitment to sustainability and the environment. “We are convinced that the trend towards a low-carbon economy can no longer be reversed and we are optimistic that an ambitious agreement on reducing emissions will be reached at the Paris Summit this year", he explained this morning.

According to Mr. Galán, “despite the fact that the electricity sector worldwide only accounts for 30% of global emissions, IBERDROLA wishes to make a firm contribution to bringing them down". To this end, he went on to explain that the company's goal is to "reduce its emissions per kilowatt hour in 2030 to half the current level and be completely carbon-neutral by 2050”, despite the fact that the company's emissions are already 30% lower than the average for the European electricity sector.

The Chairman pointed out that these goals make IBERDROLA an increasingly sustainable company, as may be seen from its leading position in the FTSE4Good, Oekom, Carbon Disclosure and Dow Jones Sustainability indices. In the case of the latter index, it is the only electric utility in the world to have been included since it was first launched 15 years ago.


500 scholarships awarded

Finally, Ignacio Galán reminded those in attendance that IBERDROLA has already awarded scholarships to almost 500 young people of various different nationalities. He urged this year's recipients to make the most of this opportunity, with "hard work, commitment, dedication and responsibility". He encouraged them to "stay on the path of excellence" and said he was convinced that they are "well-positioned to change the world; making it a more open, more sustainable and more responsible place".

The aim of IBERDROLA's scholarships and research grants programme is to boost the training of the up and coming generations, particularly in the field of energy, with a special focus on the development of renewables, protection for biodiversity and promoting the efficiency of the energy system, as well as the conservation of artistic and cultural heritage. These are all areas in which the company itself excels in its various activities.
For the 2015-2016 academic year, the institution has awarded 109 scholarships and allocated over €2 million to this scheme. This means it has trebled the number of scholarships offered and increased the budget fourfold compared to the 2010 edition.

This international initiative will allow young people of five different nationalities, from Spain, the US, the UK, Brazil and Mexico, to pursue postgraduate studies at prestigious Spanish, British and U.S. universities.

The IBERDROLA scholarship scheme focuses on three different fields. The first of these, with 71 student beneficiaries, enables scholars to complete postgraduate studies in areas linked to energy and the environment at top-ranking centres in Spain, the UK and the US.

The second is the grant scheme for research into energy and the environment, which will enable 20 young researchers to carry out studies linked to sustainability in the area of energy and environment at Spanish universities or centres for research.

Thirdly, IBERDROLA has awarded new grants for training and research into restoration at the Prado Museum and the Bilbao Museum of Fine Arts. Four future experts will be able to complete their training at the highest possible level by taking part in programmes focusing on the conservation and restoration of works of art at these renowned institutions.

The company also awards grants in collaboration with the Fulbright Commission, the Fundación Carolina, the Monterrey Institute of Technology and the University of New Mexico.