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

Business sustainability

  • Icon Competitiveness
  • Icon Security of supply
  • Icon Environment
  • Icon Social dimension
  • Icon Value creation

 

 

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 (45% progress)

  • 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. (32% progress)

  • In line with the science based targets set for 2030 and 2039, we estimate a path to reduce absolute scope 1, 2 and 3 GHG emissions 20 % by 2026 from a 2020 base year


 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 (59 % progress)
Water:

  • Reduce the intensity of water use/production 63% in 2030 from 2021 (36% in 2026) (progress 29%)

 
 Pollution:

  • Reduce NOx emissions intensity to <0.10g/kWh in 2030 (0.15g/kWh en 2026)

 Sustainable Capital Expenditure (CAPEX):

  • CAPEX aligned according to European Taxonomy Regulation (organic capex): 90% by 2025, 2026 and 2030

 Sustainable Mobility: 

  • Iberdrola will electrify 100% of its light vehicle fleet of vehicles in 2030 (56% en 2026) (progress 31%)

 
Reforestation:

  • No Net Deforestation in 2025 and planting 8 million
    trees by 2025, 10 million trees by 2026 and reaching 20 million by 2030 (progress 17%)

 

 Renewable consumption:

  • Electricity consumption of renewable origin in all buildings and corporate offices (Europe and USA) in 2030 (progress 66 %)

 Recycling:

  • 50% of Blades from wind turbines and photovoltaic panels recycled in 2025, 2026 and 100% in 2030 (progress 87%)

Social Performance

 Health and Safety:

  • 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, by 13% in 2026 and 21% in 2030 compared to 2021 (progress 80,9%)


 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, 31.2% in 2026 (progress 93%) and 35% in 2030 (progress 86%)

  • Increase the presence of women in positions of responsibility to 35%  in 2025 (progress 98%), 35.3% in 2026 and 36% in 2030 (progress 95,5%)


  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 77,5 %)


 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 46 %) and 400,000 in 2030 (12.7 % progress)


 Suppliers: 

  • Sustainable suppliers: >85% of main suppliers subject to sustainable development policies and standards by 2025, 2026 and 2030

  • ≥ 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, €443 million by 2026 and €550 million by 2030 (progress 70%)

 

*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.

Unconscious bias training: offered in Spain, United Kingdom, USA, Brazil, Mexico and IEI.
Annual anti-sexual harassment training: taught in Spain, United Kingdom, USA, Brazil, Mexico and IEI.
94,915 annual training hours in cybersecurity and protection of información in 2023.