Shareholder Engagement Policy

Shareholders: Iberdrola promotes dialogue, close communication and actions to benefit its shareholders.

 Recognitions and Awards

Iberdrola is the first Spanish company and one of the pioneers worldwide in setting up a Shareholder Engagement Policy [PDF], which is the material evidence of Iberdrola's commitment to dialogue, close communication and actions to benefit its shareholders.

This policy approved by the company's Board of Directors in February 2015, reviewed and updated in July 2016, is an ambitious project that aims to reinforce the status of the shareholder as a central component in the company´s corporate governance and boost shareholder rights. It sets out the principles that should govern two-way interaction with shareholders in order to encourage their involvement in the life of the company and maintain a constructive, ongoing, and effective dialogue with them that helps align their interests and those of the company.


Upholding its commitment to engage shareholders, the company has held its 3rd seminar on corporate governance at the Madrid Stock Exchange, with the main objective of presenting their shareholders the latest trends in corporate governance in both Spain and abroad.

This year's seminar has been focused on two topics: shareholder activism and differences in corporate governance between the US and Europe.

Two internationally renowned experts on the subject took part. Adam O. Emmerich, partner of Wachtell, Lipton, Rosen & Katz, described the various shareholder activism initiatives under way; and Gabriel Alsina, Executive Director, Research-Head of Americas & Continental Europe at ISS, who analysed the differences of corporate governance practices between listed companies in Europe and North America.