Iberdrola Earns EDGE Certification for Gender Equality, Sets Sights on Highest Recognition by 2026

Iberdrola Earns EDGE Certification for Gender Equality, Sets Sights on Highest Recognition by 2026

(IN BRIEF) Iberdrola has achieved EDGE certification, recognizing its commitment to gender equality in the workplace. Awarded the EDGE Move label in its first year, the company aims for the highest certification by 2026. Over the past two decades, Iberdrola has doubled its female workforce percentage and expanded diversity initiatives globally.

(PRESS RELEASE) BILBAO, 27-Jun-2024 — /EuropaWire/ — Iberdrola, a global leader in the energy sector, has achieved certification from EDGE (Economic Dividends for Gender Equality), a prestigious global assessment methodology recognizing organizations committed to promoting gender equality in the workplace. Institutions like the United Nations, OECD, and World Bank also hold this certification.

The certification process involved an independent external assessment that rigorously evaluated Iberdrola’s policies, practices, statistical data, and employee feedback. Iberdrola has been awarded the EDGE Move label, an exceptional achievement for a company in its first year of certification, indicating tangible steps towards gender equality integration within its operations.

Notably, Iberdrola aims to attain the highest EDGEplus certification by 2026, underscoring its dedication to diversity across gender, ethnicity, sexual identity, age, disability, and nationality. As one of only three energy companies worldwide with this certification and the sole representative in Spain’s energy sector, Iberdrola joins a select group of 750 companies in 61 countries recognized since the certification’s inception at the World Economic Forum in 2011.

Ignacio S. Galán, Executive Chairman of Iberdrola, emphasized the significance of this certification: “Receiving EDGE certification reaffirms our longstanding commitment to equality, diversity, and inclusion, principles we’ve championed among our diverse workforce of over 40,000 employees. Our efforts extend beyond internal initiatives, including support for women’s sports and doubling the percentage of women in our workforce over the past two decades.”

In the past year alone, Iberdrola has increased female representation in its workforce by 8%, achieving 34.5% of women in leadership roles ahead of its 2025 target. The company boasts a global committee and local Diversity and Inclusion committees, ensuring tailored initiatives that address regional needs and promote generational balance through youth employment initiatives.

Recognized on the Bloomberg Gender Equality Index for six consecutive years and ranked among Forbes’ top ten companies globally for women’s inclusion, Iberdrola continues to lead by example in fostering an inclusive and diverse corporate culture.

Iberdrola’s commitment to equality, diversity and inclusion

Iberdrola has been deepening its commitment to diversity and inclusion in its broadest sense for years. Only in the last year, the Company increased the presence of women in the team by 8%, and the percentage of women in positions of responsibility has now reached 34.5% − a figure that practically meets the 2025 target. In the last 20 years, Iberdrola has doubled the percentage of women in the workforce.

In terms of diversity, the Company now has professionals of 93 different nationalities in the Group and has made progress in generational balance thanks to promoting and developing youth employment. Iberdrola has a Global Committee and local Diversity and Inclusion committees, which ensure that all initiatives are deployed in accordance with the particularities and specific needs of each territory.

Among other awards in this area, Iberdrola has been selected for the sixth consecutive year to form part of the Bloomberg Gender Equality Index, and Forbes has placed the Company among the ten top companies in the world in terms of inclusion of women as part of its World’s Top Female Friendly Companies index.

Media Contact:

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

SOURCE: Iberdrola