Iberdrola’s Governance Excellence Acknowledged by World Finance for Tenth Consecutive Year

Iberdrola’s Governance Excellence Acknowledged by World Finance for Tenth Consecutive Year. Photo: Ignacio Galán, Iberdrola Executive Chairman

(IN BRIEF) Iberdrola, a Spanish energy company, has been awarded for its outstanding corporate governance practices by World Finance for the tenth time. The recognition highlights Iberdrola’s commitment to continuously updating its Governance and Sustainability System and its dedication to transparency in market communication. The World Finance Corporate Governance Awards celebrate companies that prioritize diverse governance models and demonstrate transparency and accountability. Iberdrola’s Governance and Sustainability System, based on ethical principles, transparency, and international best practices, focuses on environmental, social, and corporate governance. The company has also established a Compliance System to ensure adherence to ethical standards and prevent irregular conduct. Iberdrola’s publication of its Compliance System Transparency Report further demonstrates its commitment to ethics, compliance, and stakeholder rights.

(PRESS RELEASE) BILBAO, 28-Jun-2023 — /EuropaWire/ — Iberdrola (BME: IBE), a Spanish multinational leader in clean energy and a pioneer in the deployment of smart grids, has been recognized for the tenth time as the Spanish company with the best corporate governance practices by World Finance. This award highlights Iberdrola’s continuous efforts in updating its Governance and Sustainability System and its commitment to maximum transparency in information disclosure.

The World Finance Corporate Governance Awards recognize companies with diverse governance models that demonstrate transparency, accountability, and a commitment to addressing global challenges. Iberdrola’s Governance and Sustainability System serves as a fundamental pillar of its business model, adhering to international standards and aiming to generate long-term sustainable value for employees, shareholders, and society.

Ignacio Galán, Iberdrola’s Executive Chairman, emphasized the company’s commitment to the highest ethical standards and its Compliance System, which ensures adherence to ethical principles and applicable legislation while preventing any irregular conduct. Iberdrola has also published its Compliance System Transparency Report, showcasing its dedication to transparency and continuous improvement in ethics and compliance.

He commented: “Our pioneering and constantly evolving governance and sustainability system seeks to generate long-term sustainable value for everyone: employees, shareholders and society as a whole.”

As the first Ibex 35 company to undertake such a study, Iberdrola’s actions underscore its respect for the rights of customers, employees, shareholders, and stakeholders. The company’s Governance and Sustainability System encompasses environmental, social, and corporate governance aspects, reflecting its commitment to ethical principles, transparency, and leadership in international best practices.

Media contacts:

Tel: +34 91 784 32 32
comunicacioncorporativa@iberdrola.es

SOURCE: Iberdrola