Iberdrola to achieve zero emissions in Europe by 2030
More than 20 years ago, Iberdrola began a deep transformation of its energy model towards a sustainable, safe and competitive one that would enable it to tackle the fight against climate change. During this period, the Group has invested more than 100,000 million euros, thanks to which it has managed to generate a total annual impact on employment of nearly 400,000 direct, indirect and induced jobs around the world and contribute more than 31,000 million euros annually to the global GDP.
Thus, thanks to the growing share of renewables in the generation mix, the Group's emission-free capacity and production is increasing, while emissions intensity is decreasing every year, putting us on track to meet our targets of zero emissions in Europe as early as 2030 — 20 years ahead of European targets — and less than 50 grams per kWh in global terms.
Below, you can see the data showing the evolution of the company's decarbonization process; emission-free production and capacity, etc.