Environmental management
We are responding to environmental challenges and opportunities
Our environmental management is based on the principles of respect for the environment, dialogue with stakeholders and an environmental management model that serves as a common framework for implementing natural capital policies across each of the subholding companies. This is achieved through the identification of impacts, risks and opportunities, the definition of environmental targets and the development of climate action, biodiversity and circular economy plans within the roadmap adopted by the company to build an energy model in harmony with nature and humanity.
This sustainable energy model pursues the following objectives:
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Economic objective
It can be summarised as the need for stable, safe and competitive energy supplies (supply security and guarantee).
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Social objective
It focuses on access for all people to this essential service under affordable economic conditions (service competitiveness and universality).
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Environmental objective
It is reflected in the management of the environmental risks associated with our impacts, lower emissions and greater energy efficiency, while also ensuring compliance with environmental regulations and other environmental commitments undertaken.
This management model enables the coordination of the various plans and actions while respecting local autonomy and specific circumstances.
In line with its commitment to transparency, the company also publishes information on its environmental impact on a regular basis to assess the performance of its environmental management and implement improvements.
Transparency in environmental management
Environmental footprint
- One of the pillars of the Iberdrola Group's commitment to transparency in environmental matters is evidenced by the annual publication of the Corporate Environmental Footprint (CEF), which enables the company to identify the degree to which its activity affects the different categories of environmental impact, trace its cause and reduce these impacts.
Certifications and verifications
- Through a range of certifications and verifications based on international standards, the company demonstrates that it has a robust environmental management framework driven by the principle of continuous improvement.
Greenhouse gas report
- Iberdrola prepares its greenhouse gas (GHG) inventory in accordance with international standards such as the GHG Protocol Corporate Accounting and Reporting Standard and ISO 14064-1:2018.
Intensity emissions
- Iberdrola has been the only European electricity company selected in all 26 editions of the prestigious Dow Jones Sustainability Index and is recognised as one of the world’s most sustainable utilities. Among other factors, recognition is given to the company having reduced its direct emissions by more than 30% over the past five years.
Action principles of our environmental management
The Company's environmental strategy and management has been acknowledged on different international environmental performance indexes, such as FTSE4Good. To advance in this direction, Iberdrola has the following basic principles:
Respect
for the environment
A single environmental
Management System for the entire Group
Collaboration
with Stakeholders
Environmental organization
In order to comply with its approved policies, the Iberdrola Group has established an organisation that deals with environmental management in a decentralised manner.
Environmental stakeholders
Within the framework of its stakeholder, relations, Iberdrola has established numerous channels of communication and dialogue with the most important groups in the environmental field. These channels allow Iberdrola to communicate its objectives, actions and achievements in this field and receive assessments and requests from stakeholders linked with the environmental dimension.
The company also makes the Environment Mailbox, medioambiente@iberdrola.es, available to stakeholders for any suggestion, doubt or clarification on the subject.
Towards a sustainable energy model
Greenhouse gas (GHG) emissions from human activity have made global warming the biggest environmental problem of the next decade. As a global leader in renewable energy and wind power generation, at Iberdrola we are committed to a clean, reliable and smart business model while focusing our activity on the supply of energy that is affordable to everyone and is non-polluting (SDG 7).
Iberdrola, positive towards nature
At Iberdrola, we have set ourselves the goal of being positive with nature in 2030. To this end, we have defined three strategic sustainability areas: climate action, biodiversity protection and circular economy.
The economic model of circular economy is presented as a system of infinite use of resources, instead of the linear model that has existed until now. Iberdrola therefore prioritises the reduction in the use of new raw materials through process efficiency, product life extensions, and a firm commitment to the reuse and recycling of materials.
For the Iberdrola Group, the circular economy is therefore a key element for sustainable development and represents an opportunity as a driver for climate action and energy transition.
This is achieved by acting on the pillars of the circular economy:
- Consumption.
- Waste.
- Energy efficiency.
- CO2 emissions.
