IBERDROLA maintains a strategy based on strong involvement in the communities where it operates. This commitment to the creation of social value is perfectly aligned with the Company's corporate strategy defined in our Business Plans.
IBERDROLA's contribution to society is based on the main impacts of its own business activity: supplying a product as essential as energy, significant investments in basic infrastructures, promotion of local supplier networks in the countries where it operates, creation of qualified jobs, contributions to the public treasuries via taxes, etc., as detailed in the Company's Strategic Plan. Moreover, IBERDROLA seeks to become a long-term investor in the economies in which our company is present in order to generate socially sustainable economic value.
For more information on IBERDROLA's relationship with society, please refer to the "Sustainability Reports".
The Company has an explicit commitment to the defence of human rights, and has equipped itself with a series of instruments to guarantee respect for these rights, and to prevent or impede their infringement. The Company’s practices mirror the principles underlying the Global Compact, the OECD Guidelines for multinational enterprises, and the International Labour Organization’s Tripartite Declaration of Principles concerning Multinational Companies and Social Policy.
In 2002 IBERDROLA subscribed to the UN Global Compact, and in 2004 it was a constituent member of the Spanish Association for the Global Compact (ASEPAM), known since 2008 as the Spanish Network for the Global Compact. IBERDROLA is currently a member of the executive committee of the Spanish Network. IBERDROLA submits an annual monitoring report on the progress of the commitments undertaken, which is available through the Spanish Network for the Global Compact.
To enforce respect for human rights, IBERDROLA has the following tools:
IBERDROLA subscribes to and/or also participates in other programmes, projects and initiatives, both worldwide and in the various countries in which it operates. These include particularly the following:
IBERDROLA is a member of the following organisations, among others:
IBERDROLA also carries out a wide range of activities to improve the well-being of various groups in the societies where the company is established, which are described in Fundación IBERDROLA.