The Company incurs expenses deriving from actions related directly and indirectly to the environment, as well as other expenses connected with ecological fees and taxes. Direct environmental investments are also made, such as those related to environmentally-friendly technologies.
As regards possible environmental contingencies, they are sufficiently covered by the insurance policies taken out by IBERDROLA and the provisions established to this end.
Every year, the Company's Sustainability Report provides information on environmental expenditure and investment.
The expenses of and investments made by IBERDROLA during 2012 to preserve the environment of the area in which it operates are set forth in the following tables:
|Environmental impact remediation||126,605||34,979|
|Rest of the World||534||70,290|
The standards for costs include levies, environmental fees, and emissions certificates, which were not taken into account in the calculation for 2011.