MANAGEMENT FOCUS

Four priority lines of action

The Earths natural assets are not only essential for the development of biological diversity, but are also fundamental for the economic and social progress of humanity. For this reason, there is an inevitable direct and indirect interaction between the group's activities and biodiversity.

Management approach: Protection of the biodiversity main instruments: biodiversity policy, pact for biodiversity, environmental monitoring and control plans, positive conservation management.#RRSSMain ways of biodiversity protection.

Generation, distribution and marketing activities produce, throughout their life cycle, interactions with different ecosystems, landscapes and species. Our biodiversity policy, approved by the Board of Directors, places biodiversity and ecosystems at the forefront of our business strategy through four defined priority lines of action:

  • Protecting biodiversity according to the mitigation hierarchy throughout the entire life cycle of our facilities, which involves using natural capital sustainably and striving to create added value.
  • Understanding and preserving biodiversity according to the principle of caution by conducting studies on the way the facilities interact with their surroundings so as to avoid or minimise their impact and encourage conservation.
  • Collaborating with stakeholders taking into account their biodiversity needs and expectations so as to involve them in action plans and gain insight from research projects.
  • Acting on our commitment to raise awareness on biodiversity and highlight its significance, informing everyone inside and outside the company of the impact our activities cause and the actions we take to preserve biodiversity.

These lines of activity are managed through various means:

  • The Biodiversity Policy, defining the corporate philosophy and through which the company undertakes to integrate biodiversity in its decision-making processes, in particular when designing and building new infrastructures to include it in our environment management, training, collaboration and information systems.
  • The Biodiversity Pact, of which Iberdrola has been a member since 2013 and which is promoted by the Biodiversity Foundation, part of the Spanish Ministry of Agriculture, Food and the Environment, is intended to show our commitment to the conservation of the environment and the sustainable use of biodiversity.
  • The Iberdrola Group Environmental management system for the implementation of management systems through follow-up and control plans, most of these certified according to standards ISO 14001 or EMAS to prevent and control environmental risks.
  • Environmental impact studies and monitoring plan. Before any construction, using mechanisms for the analysis and prevention of impacts that take into account several alternatives and establish corrective measures to prevent, mitigate or compensate any possible damage, monitored through monitoring plan and management systems.
  • Biodiversity action plan, focusing on the protection of species and habitats through the application of positive conservation management and research of sites and surroundings. These actions, both regulatory and voluntary, aim to produce a net positive balance in relation to the environment.
  • The Corporate Environmental Footprint (CEF), which provides information on the group's impact on biodiversity from a life-cycle perspective. The CEF encompasses all our businesses and allows us to know the effects of each technology on biodiversity. Combined with the methodology for the assessment of ecosystem services (REIS Project, USAL), it allows us to determine goals for improvement:
    • Direct effects on biodiversity: plans for the protection of wildlife (Eurasian eagle-owl, Bonelli's eagle, Cantabrian capercaillie, etc.) and of flora (Mediterranean forests, indigenous species, etc.), and the management of specific habitats (wetlands, etc.).
    • Indirect effects on ecosystems: management plans for the water environment (effluent control, preventive measures for spills and discharges), the soil (preventive measures for spills) and specific biodiversity management plans.
  • Policy on relationships with Stakeholders, approved by the Board of Directors on 23 October 2018.