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Our Commitments

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To the Suppliers

Seeking to share value creation with its suppliers, the IBERDROLA Purchasing Department undertakes and promotes the commitments established.

IBERDROLA's commitment to sustainability has been conveyed to the suppliers in recent years, and together with the actions undertaken in this sphere in the Purchasing Area, has produced a rapprochement between the framework of the suppliers/supplies and the socially responsible parameters required by the Company:

SUPPLIER MANAGEMENT: IMPROVEMENT LEVERS
	PREVENTIVE LEVERS	INCENTIVISING LEVERS
Acting on our behaviour	Ethics Code Purchasing Procedure certified under ISO 9001 Internal Audits Crime and fraud prevention policy	Purchasing Team's annual goals for ongoing improvement Offer assessment parameters AA 1000 (Supplier satisfaction survey)
Acting on our suppliers' behaviour	General Purchasing Conditions with specific clauses for sustainable behaviour Supplier Classification System (weighting factors) Communications system with the supplier	Purchasing Team's annual goals for ongoing improvement Supplier Classification System Actions for traction and communication with suppliers RSC score Contracting from disadvantaged groups (Special employment centres and Supplier Diversity)

The Purchasing Department guarantees equal opportunities, applying criteria of objectivity and impartiality in its relationships with suppliers, and promoting publicity and competition in the selection processes within a general framework of management efficiency.

Our commitment to respect andsupporthuman rights extends to our transactions and relations with the suppliers, aiming at an ever greater alignment of the goals of the Purchasing Department with the Group's culture.

For more information on IBERDROLA's relationship with its suppliers, please refer to the "Sustainability Reports” and the Suppliers section on our website.