IBERDROLA has been listed as the top utility company in the prestigious Dow Jones Sustainability Index (DJSI) 2012, the main international benchmark measuring companies’ contribution towards sustainable development.
The Company achieved an overall score of 87 points, well above the industry average which stood at 61 points, thus consolidating its leading position as a result of making protection of the environment one of the pillars of its business activity.
In this edition, IBERDROLA was awarded 92 points in the economic analysis (industry average being 65); 85 in the environmental aspects (industry average at 54); and 85 points in the social area (industry average being 63).
The DJSI acknowledges IBERDROLA Group for its policies focused on fighting climate change, protecting biodiversity, reducing the carbon footprint and encouraging innovation and eco-efficiency.
The company’s strategic approach based on international growth and the development of renewable energies has been key to its success, particularly in wind power where it has become the world leader with an installed capacity of over 14,400 megawatts (MW).
IBERDROLA has also been commended for its sustainable supplier policy and its excellent corporate governance practices. It is the only international electricity utility to have been included in all 13 editions of the DJSI, which shows its strong commitment to the environment and sustainable development while highlighting the company’s response to the main economic, environmental and social challenges facing energy policy in Spain and the European Union.
The environmental dimension of its operations has always been a priority in IBERDROLA’s business planning. The company promotes innovation, eco-efficiency and the gradual reduction of its activities’ environmental impact.
In this regard, the company has put in place an Integrated Environmental Management System (IEMS) in compliance with the UNE-EN ISO 14001:2004 standard, enabling it to reduce environmental risks, improve resource management and optimise investments and costs.
Furthermore, IBERDROLA has also developed several sustainability policies, such as the Environmental Policy [PDF], the Biodiversity Policy [PDF] and the Climate Change Policy [PDF] defining the principles for environmental management optimisation across the Group.
Among the environmental initiatives launched by the company we can highlight the Annual Inventory of greenhouse gas emissions, which is certified according to the UNE ISO 14064-1:2006 standard. IBERDROLA was the first Spanish company and one of a pioneering few worldwide to quantify its carbon footprint and obtain certification from the Spanish Association for Standardisation and Certification (AENOR) for its emissions portfolio at Group level, including all of its operations in Spain, U.K., U.S. and Latin America.
The company provides comprehensive information on all of these initiatives and its strategy focusing on sustainable development on the website www.togetheragainstclimatechange.com.
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