ENTREPRENEURSHIP AND YOUTH EMPLOYMENT
We promote employment and equal opportunities
Iberdrola joins initiatives to find solutions for unemployment and lack of job security for young people:
- 2013-2016 entrepreneurship and Youth Employment Strategy
- Pegasus Programme
- Richi Foundation Programme
- ComFuturo Programme
- Carolina Foundation Scholarship Programme
With the aim of contributing to reduce the youth employment rate and address the structural causes that lead to it being higher than that for the general population, Iberdrola joined the 2013-2016 Youth Entrepreneurship and Employment Strategy. By joining this initiative, Iberdrola reinforces its commitment to the employability of young people and equal opportunities. The strategy includes 100 measures, of which 85 are medium and long-term and the rest are emergency measures with a short-term effect. These measures are expected to benefit more than one million young people.
The company has also joined the Pegasus programme through the Novia Salcedo Foundation. The goal of this programme is to include youth employment on the Global Human Development Agenda, through the declaration, by the United Nations General Assembly, of the 2020-2030 period as the Decade of Youth Employment, and that it is used as the tool for the attainment of the SDG No. 8: promoting sustained, inclusive and sustainable economic growth, full and productive employment and guaranteeing decent work for everyone.
Iberdrola has been the first company on the Ibex 35 to support this initiative, the aim of which is to turn the Decade of Youth Employment into an opportunity for economic and social transformation in organisations and countries, due to the search for agreed solutions to combat unemployment and lack of job security which young people around the globe face.
Iberdrola has also worked with the first call for social entrepreneurs held by the Richi Foundation (Boston, USA), where the initiative Turnin' ON the Sun by PROTON was selected.
The young entrepreneurs at PROTON have developed a biotech photovoltaic module capable improving performance on less-than-ideal days by up to 60%. Alanah Anderson, Cristina Oliva and Miquel Jové conducted an in-depth study together with Ramón Sánchez's team at Harvard University through parameters such as food supply, water, sanitation and education to gauge the overall impact of their proposal. PROTON was recognised with the Entrepreneurs XXI award (Premio Emprendedores XXI) in the 'Industrial Technology' category by Caixa -through Caixa Capital Risc- and the Spanish Ministry of the Economy, Industry and Competition, through Enisa.
Another example of high-impact collaborative work is the ComFuturo programme of the Fundación General CSIC. Iberdrola participates in this programme with another seven entities, with the common goal of improving employability and promoting quality employment, especially amongst young Spanish researchers. The programme has been selected for the "2020 Enterprise" European Social Responsibility Campaign.
Finally, Iberdrola also works together with the Carolina Foundation in its scholarship announcement for Ibero-American students. The scholarships are distributed in five categories: 281 postgraduate scholarships, 70 doctorate and short-term post-doctorate scholarships, 27 mobility grants for Brazilian professors, two entrepreneurship project grants, 34 institutional study grants, and 115 renewals (84 doctorate and 31 second-year post-doctorate scholarships). The scholarship application announcement covers all knowledge areas and is exclusively intended to aid Ibero-American students finish their education in Spain. With the support of the company, ten scholarships will be granted for master's degrees in areas related to energy and the environment.