COMMITTED TO THE SUSTAINABLE DEVELOPMENT GOALS

We invest our energy in building a sustainable future

17 global Sustainable Development Goals to transform our world.

Iberdrola has incorporated the Sustainable Development Goals defined by the United Nations for the 2015-2030 horizon into the company's strategy and its Sustainability Policy. These goals are ambitious and universal. They are a call to action to all countries and all types of organisations and institutions to tackle the greatest environmental, social and economic challenges threatening the future of the planet. Companies play a role in achieving the targets set in each one of these 17 goals.

Sustainable development goals: 17 goals to transform our world. 1. No provery. 2. Zero hunger. 3. Good health and weel-being. 4. Quality education. 5. Gender equality.

In line with its activity, Iberdrola focuses its efforts on an affordable and non-contaminating energy supply (goal 7) and action for the climate (goal 13). In addition, the Group contributes directly to ensuring clean water and sanitation (goal 6), has increased the investment in R&D&I activities (goal 9), promotes the respect for the life of land ecosystems (goal 15) and works for create partnerships to achieve these goals (goal 17). The company also has an indirect input into all the other Sustainable Development Goals. Iberdrola's contribution to the social and economic development of the communities in which it operates and its protection of the environment is implemented through its sustainable energy business model.

Iberdrola's Corporate International Volunteering Programme is also aligned with the SDG. It focuses its efforts on goal 7, 13, 3, 4 and 10.

IBERDROLA AND THE SUSTAINABLE DEVELOPMENT GOALS

IBERDROLA AND SUSTAINABLE DEVELOPMENT

  • Goal 7: affordable and non-polluting energy

    Description and context

    • Ensure access to affordable, reliable, sustainable and clean energy for all.
    • Substantially increase the percentage of renewable energy in the mix.
    • Double the improvement rate of energy efficiency worldwide.

    Iberdrola's contribution

  • Goal 13: action for the climate

    Description and context

    • Adopt urgent measures to combat climate change and its effects.
    • The decarbonisation of the economy implies electrification and an increase in renewable energies.
    • The electricity sector is spearheading the elimination of CO2 emissions.
    • Shift towards energy generation technologies with low CO2 emissions.

    Iberdrola's contribution

    • Pledge to the environment: reduce CO2 emissions by 50% by 2030 and be carbon neutral by 2050.
    • The company's CO2 emissions are already 30% below the average for the European electricity sector.
  • Goal 6: clean water and sanitation

    Description and context

    • Ensure availability and sustainable management of water and sanitation for all.
    • The substitution of less efficient conventional thermal (coal and oil-fired) technologies with renewable energies and combined cycles has led to a decrease in water consumption per GWh.

     Iberdrola's contribution

    • The Group consumed 70% less water by sales in 2015 than all the other utilities.
    • Target: maintain this rate at 50% of the European average in the coming five years.
    • The company is a part of the United Nations' CEO Water Mandate to encourage sustainable practices in the use of water.
    • It has been part of CDP Water since its first edition.
  • Goal 9: industry, innovation and infrastructure

    In 2015, Iberdrola invested 18% more in R&D&I activities than the previous year, totalling 200 million euros. In the last eight years this figure has grown 174%.

  • Goal 15: life in terrestrial ecosystems

    Description and context

    • Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss.

    Iberdrola's contribucion

    • The company runs biodiversity protection programmes in the countries where it operates.
    • Iberdrola is not present in areas affected by water stress.
    • It is a member of the Biodiversity Pact, promoted by the Biodiversity Foundation with the aim of highlighting the Company's commitment to conserving the environment and the sustainable use of biodiversity.
  • Goal 17: partnerships to achieve targets

    Description and context

    • Strengthen the means of implementation and revitalize the global partnership for sustainable development.

    Iberdrola's contribucion

    • Iberdrola is a member of and/or takes part in programmes and initiatives both at the global level and in the different countries where it operates.
  • Contribution to economic and social development

    Goal 1: End poverty

    Iberdrola has signed agreements with government bodies and NGOs to prevent interrupting power supplies to customers in a situation of vulnerability. The agreements now cover 90% of customers.

    Goal 3: Good health and well-being

    The company has set a target of zero accidents. To achieve this target and to promote better safety conditions in the workplace it has a strategic plan for Occupational Health and Safety.

    Goal 4: Quality education

    The Group's contribution to this goal is materialised through the investment of 1.5 million euros in masters and doctoral scholarships in Spanish and international universities, the promotion of training for employees –with one million hours dedicated in 2015–, corporate volunteering projects, and the work of its various foundations.

    Goal 5: Gender equality

    Iberdrola pursues over 70 leading practices in its policy for balancing family and professional life, and has a policy for equal opportunity and work-life balance [PDF].

    Goal 8: Decent work and economic growth

    The value created by Iberdrola's strategy and business model leads to social and economic development over time:

    • 31,000 direct jobs.
    • 360,000 indirect and induced jobs.
    • 11.630 billion euros in tax contributions.
    • 7.3 billion euros awarded in purchases.
    • 3.223 billion euros invested.

    Goal 12: Sustainable consumption and production

    88% of Iberdrola's energy production uses local energy sources available in the actual country where the electricity is generated.