We are the only European utility to be included in all 23 editions of the Dow Jones Sustainability Index

  • The company’s inclusion once again demonstrates its strong commitment to the highest environmental, social and corporate governance standards.

Iberdrola has once again been included in the Dow Jones Sustainability Index (DJSI), making it the only European utility that has been present in the index during its 23 editions. This is reflected in the annual update published by S&P Dow Jones Indices and RobecoSAM, responsible for its preparation.

This demonstrates the group’s firm commitment to the highest environmental, social and corporate governance standards, since, from an initial universe of some 10,000 companies, only 10% of the listed companies with the best sustainability scores are finally selected.

This evolution is the result of a model based on sustainable development, which has led Iberdrola to become a world leader in renewable generation, with more than 39,200 megawatts (MW) of renewable energy installed and an emission-free electricity production of more than 80% by the end of the third quarter of 2022.

In this edition, the company also stood out in aspects such as innovation, stakeholder relations, market opportunities, risk management, environmental management and water.

In addition to the Group’s inclusion in this index, it has also achieved a high score in the main international sustainability indices, including Moody’s ESG, CDP, MSCI, FTSE4Good, Sustainalytics, ISS-ESG, Bloomberg GEI, Euronext Vigeo Eiris indices, Global100, EcoVadis, etc.

LEADING IN SUSTAINABILITY

Iberdrola has incorporated the Sustainable Development Goals (SDGs), defined by the United Nations for the 2030 horizon, into its business strategy and sustainability policy, and is a benchmark for its direct contribution to the global goals, highlighting its contributions in the field of energy and climate change.

The company focuses its efforts on the provision of affordable and clean energy (goal 7) and climate action (goal 13), while contributing directly to ensuring clean water and sanitation (goal 6), has increased its investment in R&D&I activities (goal 9), promotes respect for the life of terrestrial ecosystems (goal 15) and works to build partnerships to achieve the goals (goal 17).

After anticipating the current energy transition by 20 years, the Iberdrola group plans to invest 150 billion euros by 2030, and thus remain at the forefront of the energy revolution facing the world’s leading economies. The company is moving forward with its historic 47-billion-euro investment plan during the period 2023-2025 and consolidating its business model, based on more renewable energies, more grids, more storage and more intelligent solutions for customers.

In this way, by 2030 Iberdrola will have surpassed 80 gigawatts (GW) of renewable capacity and doubled its regulated asset base to 65 billion euros.

Source link: https://www.iberdrola.com/

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