SUSTAINABILITY SCORECARD
The sustainability assessment of the Iberdrola group
The Sustainability assessment is a tool for evaluating the group's sustainability performance by analysing its economic, environmental and social dimensions, and is used to determine which aspects require improvement throughout the group as a whole. The assessment serves to measure the quality of the sustainable strategy pursued.
Energy
Sustainability


supply


Dimension

Creation


Dimension

Creation
Sustainability
Economic Performance
RESOURCES | UNIDAD (1) | 2022 | 2021 | 2020 |
---|---|---|---|---|
Total assets | M EUR | 154,667 | 141,752 | 122,518 |
Equity | M EUR | 58,114 | 56,126 | 47,219 |
Financial leveragge (2) | % | 42.8 | 41 | 42.3 |
Investments during financial year | M EUR | 10,730 | 9,940 | 9,246 |
PROCESSES AND OPERATIONS | UNIT (1) | 2022 | 2021 | 2020 |
Revenues | M EUR | 53,949 |
39,113.5 |
33,145.1 |
Operating expenses | M EUR | 37,415 | 25,002 | 19,866 |
Employee compensation | M EUR | 2,995 | 2,685 | 2,505 |
Personal Costs | M EUR | 2,518 | 2,286 | 2,149 |
Payments to providers of capital | M EUR | 5,114 | 3,517 | 2,958 |
Cash taxes paid | M EUR | 1,055 |
832 |
843 |
Tax contribution | M EUR | 7,458 | 7,836 | 7,475 |
Comunity contributions (LBG) | M EUR | 52 | 58 |
84 |
Retained earnings | M EUR | 6,991 |
6,581 |
6,595 |
RESULTS | UNIT (1) | 2022 | 2021 | 2020 |
EBITDA | M EUR | 13,228 | 12,005.7 | 10,038.2 |
Earnings before tax (EBIT) | M EUR | 6,221 |
6,265.6 |
5,033.9 |
Net profit | M EUR | 4,339 |
3,384.8 |
3,610.7 |
Marke capitalization (at 31 December) | M EUR | 69,538 | 66,271 | 74,296 |
Stock price (at 31 December) | EUR | 10.8 | 10.2 | 11.7 |
P.E.R. | multiple | 16.69 |
17.80 |
21.79 |
Earnings per share | EUR/share | 0.655 | 0.585 | 0.55 |
Social Performance
RESOURCES | UNIT (1) | 2022 | 2021 | 2020 |
---|---|---|---|---|
Number of employees | nº | 40,721 | 39,955 | 37,127 |
Number of employees in full-time equivalent (FTE) | nº | 40,237 | 39,788 | 35,923 |
Supply points
|
M M M |
36.4 32.1 4.3 |
36.1 31.7 4.4 |
34.4 30.1 4.3 |
Volume of purchases | M EUR | 11,533 | 9,424 | 8,494 |
Rural electrification programs | M EUR | 88 | 51 | 42 |
Accumulated beneficiaries Electricity for All program | nº | 11,000,000 | 9,600,000 | 8,200,000 |
Customers whose data is used for secondary purposes | % | 0 | 0 | 0 |
R&D | M EUR | 363 | 337.5 | 293 |
PROCESSES AND OPERATIONS | UNIT (1) | 2022 | 2021 | 2020 |
Full-time contracts | % | 98.0 |
96.0 |
95.0 |
Indefinite time period contracts | % | 99.6 | 99.5 | 99.8 |
Employees with collective bargaining agreement | % | 77.6 | 78.5 | 77.9 |
Hours of training | M | 2.7 |
2.4 |
1.9 |
Hours of training per employee | h | 67.9 | 62.3 | 54.09 |
No. of suppliers with orders in the corporate system during the year | nº | >19,000 | >19,000 | >20,000 |
RESULTS | UNIT (1) | 2022 | 2021 | 2020 |
Employment, health and job safety | ||||
Average age of workforce | age | 41.1 |
41.5 |
41.9 |
Average years of service of workforce | age | 10.6 | 11.3 | 13.3 |
Male/female diversity | % | 76/24 | 77/23 | 77/23 |
Women board of directors | % | 43 | 43 | 36 |
Women in executive management | % | 30 | 27.3 | 20 |
Women in top management positions | % | 26.1 | 24.4 | 21.49 |
Women in management positions | % | 27.62 | 28 | 27.89 |
Women in junior management positions | % | 28.81 |
29.9 |
30.6 |
Women in STEM-related positions | % | 22.06 | 19.6 | 19.7 |
Employees with disabilities | % | 1.73 |
1.72 |
1.49 |
Average salary (men/women) | % | 94.8 |
93.3 |
93.2 |
Ratio of basic initial salary to local minimum wage salary (Spain) | % | 110 | 126.1 |
107.7 |
Injury rate (IR) | 1.02 | 1.06 | 1.2 | |
Occupational disease rate (ODR) | 0 | 0 | 0 | |
Lost days | nº | 5,958 | 4,646 | 4,070 |
Employee turnover | % | 9.69 | 7.37 | 6.07 |
Number of fatalities | nº | 0 | 3 | 4 |
Number of fatalities - subsontractor | nº | 4 | 4 | |
Quality of service and customer service | ||||
Fines related to the environment imposed during the period | nº | 38 | n.d. |
n.d. |
Total amount of fines related to the environment imposed during the period paid in the same period | M EUR | 0.286 | 3.112 |
2.761 |
Fines paid in the social and economic areas | M EUR | 5.577 | 3.251 | 33.091 |
Quality of supply chain | ||||
Sustainable management of the supply chain | ||||
Procurement or contracting from local suppliers | % | 87.1 | 87.9 | 89.0 |
Purchases in "risk" countries | % | 23.2 | 18.7 | 20.8 |
Purchases from local suppliers | % | 87 | 88 | 89 |
Environmental Performance
RESOURCES | UNIT (1) | 2022 | 2021 | 2020 | |
---|---|---|---|---|---|
Installed capacity | MW | 60,761 | 58,320 |
55,111 |
|
Total net electricity production | GWh | 163,031 | 164,266 | 162,842 | |
Total net production (electricity + steam) |
GWh |
166,021 |
168,182 |
166,583 |
|
Installed own capacity | MW | 53,616 |
51,174 |
47,965 |
|
Total net electricity own production | GWh | 125,540 |
129,331 |
123,463 |
|
Total net own production (electricity + steam) | GWh | 128,530 |
133,274 |
127,205 | |
Environmental investments | M EUR | 5,978 | 4,842 |
5,116 |
|
Environmental expenses | M EUR | 679 | 706 | 671 | |
PROCESSES AND OPERATIONS | UNIT (1) | 2022 | 2021 | 2020 | |
Fuel consumption | GJ | 756,208,405 |
776,542,999 |
771,265,252 | |
Renewable Energy Use | GJ | 447,980 |
689,022 |
501,052 | |
Intensity of internal energy consumption | GJ/MWh | 2.73 |
2.73 |
2.64 | |
Production with local sources of energy | % | 50.5 |
56.8 |
|
|
Electricity consumption in building | MWh | 152,175 | 146,389 | n.d. | |
Renewable Electricity consumption in buildings | MWh | 71,259 |
81,079 |
n.d. | |
Water use | hm³ | 88 | 87 | 96 | |
Water consumption/Overall production | m³/GWh | 540 | 531 |
588 |
|
RESULTS | UNIT (1) | 2022 | 2021 | 2020 | |
Emissions-free installed capacity | % | 71 | 71 | 69 | |
Renewable installed capacity | % | 66 | 65 | 63 | |
Emission-free production | % | 60 | 59 | 57 | |
Renewable energy production | % | 46 | 45 | 42 | |
Emission-free installed own capacity | % | 80 | 81 | 79 | |
Renewable installed own production | % | 75 | 74 | 73 | |
Emission-free own production | % | 78 | 75 | 75 | |
Renewable energy own production | % | 59 | 57 | 55 | |
Specific CO₂ emissions (2) | gCO₂/kWh | 88 | 96 | 98 | |
Emissions Scope 1+2 / revenues | tCO₂/M€ | 245 | 392 | 445 | |
SO₂ emissions | t | 1,011 |
1,180 |
1,352 | |
NOx emissions | t | 58,186 |
58,672 |
62,517 | |
Particulate emissions | t | 1,165 |
1,174 |
1,270 | |
Fly ash produced | t | 0 | 0 |
14,024 |
|
Non-methane volatile organic compounds (NMVOCs) | t | 468.9 | 454 | 464 | |
Mercury emissions (Hg) | kg | 0 | 0 | 8 | |
Waste generated (ash + hazardous and non-hazardous waste) | t | 361,749 | 472,547 | 541,515 | |
Waste recycled (ash + hazardous and non-hazardous waste) | t | 196,974 |
190,563 |
272,057 | |
Hazardous waste per electricity generated | t/GWh | 0.108 |
0.095 |
0.094 | |
Energy produced under certified environmental management systems | % | 77.20 |
87.00 |
77.29 | |
Facilities under certified environmental management systems | % | 78.80 | 77.28 | n.d. | |
Significant Spills | nº | 10 | 0 | 0 | |
CO₂ avoided due to efficiency initiatives | kt | 30,741 |
27,720 |
31,300 |
|
Direct CO₂ emissions, Scope 1 (2) | kt | 11,346 | 13,253 |
13,003 |
|
Indirect CO₂ emissions, Scope 2 (marked-based) | kt | 1,879.4 |
2,061.0 |
1,760.9 | |
Indirect CO₂ emissions, Scope 2, (location-based) | kt | n.d. | 2,087.8 |
1,890.4 |
|
Indirect CO₂ emissions, Scope 3 | kt | 42,013 | 50,900 | 51,956 |
(1) Nota M=millions; k=Thousands
(2) Nota Defined as: net debt / (net debt + equity)
(3) Own production
(*) Iberdrola uses the "own" installed production and capacity criteria, excluding production and installed capacity "for third parties". The latter reflects the particular operating conditions of some of our plants in Mexico, which Iberdrola operates under the instruction of the Comisión Federal de la Electricidad (CFE) under the figure of Independent Energy Producer (IEP)..
Nota Data at the end of 2022
TARGETS
Environmental Performance
GHG Emissions (validated by Science Based Targets initiative - SBTi)*:
- To reach net-zero greenhouse gas emissions across the value chain by 2039 from a 2020 base year.
- To reduce absolute scope 1, 2 and 3 GHG emissions 65 % by 2030 from a 2020 base year, which is in line with a 1.5 °C trajectory.
- To reduce scope 1, 2 and 3 emissions 90 % by 2039 from a 2020 base year, aligned with the SBTi's 1.5 °C mitigation pathways for reaching net-zero before 2050.
Biodiversity:
- Iberdrola will have a net positive impact on biodiversity by 2030. This goal is based on the application of the conservation hierarchy principle throughout the life cycle of its facilities and the implementation of mechanisms to identify, quantify, and monitor compliance therewith.
- Adaptation of 234,000 poles in the distribution lines to avoid electrocution of birds by 2025 in Spain (52 % progress).
-
Reduce the intensity of water use/production to 63 % in 2030 from 2021 (18 % in 2025) (progress -2 %)
- Reduce NOx emissions intensity to <0.10g/kWh in 2030.
- Iberdrola will electrify 100 % of its light vehicle fleet of vehicles in 2030 (progress 27,7 %)
- No Net Deforestation in 2025 and planting 8 million trees by 2025 and reaching 20 million by 2030 (progress 12.5%).
Renewable consumption:
- Electricity consumption of renewable origin in all buildings and corporate offices (Europe and USA) in 2030 (progress 49.4 %).
Recycling:
- 50 % of blades from wind turbines recycled in 2025 and 100 % in 2030.
Social Performance
- Target of zero accidents. In order to achieve this target, Iberdrola has a Strategic Occupatinoal Health and Safety Plan.
- Reduce the Accidentality Rate among own employees (TRIR - Rate of work-related injuries) by 10 % in 2025 and 21 % in 2030 compared to 2021 (progress 30 %).
Gender:
- Ensuring that female directors continue to account for at least 40 % of the Board of Directors by the years 2025 and 2030 (progress 100 %).
-
Increase the presence of women in senior management positions to 30 % in 2025 (progress 86,7 %) and 35 % in 2030 (progress 74,5 %).
- Increase the presence of women in positions of responsibility to 35 % (progress 97 %) in 2025 and 36 % in 2030 (progress 94 %).
Electricity access:
- Objective in the "Electricity for all" program to provide electricity to 16,000,000 people who currently do not have access by 2030 (progress 69 %).
Training:
- ≥ 55 training hours per trained employee/year by 2025 and 2030 (progress 100%)
Sustainable Mobility:
- Installation of 110,000 charging points for electric vehicles by 2025 (progress 20 %) and 400,000 in 2030 (8.6 % progress).
Suppliers:
- ≥ 80 % purchases from local suppliers in 2025 and 2030 (progress 100 %).
- ≥ 85 % of sustainable suppliers in 2025 and 2030 (progress 100 %).
R&D&i:
-
€420 million annually in R&D&i by 2025 and €550 million by 2030 (progress 66 %).
*Overall Net-Zero Target:
Iberdrola SA commits to reach net-zero greenhouse gas emissions across the value chain by 2039 from a 2020 base year.
Near-Term Targets:
Iberdrola SA commits to reduce absolute scope 1, 2 and 3 GHG emissions 65 % by 2030 from a 2020 base year. Within that target, Iberdrola SA commits to reduce scope 1 and 2 GHG emissions from power generation 83 % per kWh by 2030 from a 2020 base year. Iberdrola SA also commits to reduce scope 1 and 3 GHG emissions from fuel and energy related activities covering all sold electricity 85 % per kWh within the same timeframe. Iberdrola SA further commits to reduce absolute scope 3 GHG emissions from use of sold products 42 % within the same timeframe. Iberdrola SA finally commits to reduce all remaining absolute scope 3 GHG emissions 46 % within the same timeframe.
Long-Term Targets:
Iberdrola commits to reduce scope 1, 2 and 3 emissions 90 % by 2039 from a 2020 base year. Within that target, Iberdrola SA commits to reduce scope 1 and 2 GHG emissions from power generation 84 % per kWh by 2039 from a 2020 base year. Iberdrola SA also commits to reduce scope 1 and 3 GHG emissions from fuel and energy related activities covering all sold electricity 95% per kWh within the same timeframe. Iberdrola SA further commits to reduce absolute scope 3 GHG emissions from use of sold products 90 % within the same timeframe. Iberdrola SA finally commits to reduce all remaining absolute scope 3 GHG emissions 90 % within the same timeframe.