This certificate accredits that our company has calculated and identified all the environmental impacts of its activities — in Spain, of its affiliated companies and of those in which it has holdings around the world —, with the aim of improving and reducing them. Obtaining this certificate is part of the group's commitment to the UN's Sustainable Development Goals , particularly number 7 — affordable and clean energy — and number 13 — climate action —.
The aim of this verification by a renowned, independent third party is to objectively ensure the accuracy and integrity of the information published. To award this certificate, AENOR has observed 18 environmental impacts over the course of , as well as our behaviour with respect to climate change , the depletion of fossil fuels and by-products of water consumption , among others. Main environmental impacts observed. We respect and protect the environment. Our environmental policy [PDF]. This website uses own and third party cookies and technologies to enhance your visit by adapting browsing to your preferences.
You can change the settings or get more information Here. Our Environmental Footprint has been certified by AENOR for the first time This external, independent inspection certifies that the Iberdrola group has calculated and identified all the environmental impacts of its activities, both in Spain and in those countries where it operates, to improve and reduce them.
To identify and assess the most important environmental aspects of Iberdrola group activity. To observe any potential alterations or failings in the plants operated by the group.
Medium and long-term: To measure in order to improve and drive group plants so as to improve the results of each one. In particular, to focus on environmental impacts where the group has greater management control and therefore power to improve. To use the information as a benchmarking instrument to boost continuous improvement. When workers are paid fairly and work under safe working conditions, they are healthier and more productive. Healthier and more productive workers then translate to more profits for companies. Furthermore, socially sustainable companies enjoy greater consumer patronage, as consumers tend to support businesses that treat their workers fairly.
Learn how to Achieve Social Sustainability within your Organization. What is Social Sustainability? What is ESG?
What is GHG? What is Impact Investing? According to the UN Global Compact, aiming for social sustainability can help businesses in a number of ways: Unlocking new markets Helping retain and attract business partners Becoming the source of innovation for new product or service lines Raising internal morale and employee engagement Improving risk management Improving company-community conflicts Social Sustainability Dimensions or Issues According to Nobel Laureate Amartya Sen, social sustainability has 5 dimensions.
These are factors to be considered in determining if a business or a project is socially sustainable: Equity Will the project reduce disadvantage for the target group? Will it assist the target group to have more control over their lives, socially and economically? Will it identify the causes of disadvantage and inequality and look for ways to reduce them? Will it identify and aim to meet the needs of any particularly disadvantaged and marginalized people within the target group?
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Will it be delivered without bias and promote fairness? Diversity Will the project identify diverse groups within the target group and look at ways to meet their particular needs? Will it recognize diversity within cultural, ethnic and racial groups? Will it allow for diverse viewpoints, beliefs and values to be taken into consideration? Will it promote understanding and acceptance within the broader community of diverse backgrounds, cultures and life circumstances? Social cohesion Will the project help the target group develop a sense of belonging in the broader community?
Will it increase participation in social activities by individuals in the target group? Will it build links between the target group and other groups in the broader community?
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Will it result in the provision of increased support to the target group by the broader community? Will it encourage the target group to contribute towards the community or provide support for others Quality of life Will the project improve affordable and appropriate housing opportunities for the target group? Will it improve physical health outcomes for the target group? Will it improve mental health outcomes for the target group?
Will it improve education, training and skill development opportunities for the target group?
CORPORATE ENVIRONMENTAL FOOTPRINT (CEF)
Will it improve access to transport for the target group? Will it improve the ability of the target group to meet their basic needs? Will it improve the safety and security for the target group? Will it improve access to community amenities and facilities for the target group? Democracy and governance Will the project allow for a diverse range of people especially the target group to participate and be represented in decision-making processes?
Will the processes of decision-making for the project be clear to and easily understood by staff and stakeholders?
- Backtesting Value at Risk and Expected Shortfall?
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Will it have a budget sufficient to ensure adequate delivery by qualified trained staff? Will it ensure that the use of volunteers is appropriate and properly governed?