Iberdrola Recognized Among Top 10 Global Companies for Leadership in Sustainability and Climate Action

Iberdrola Recognized Among Top 10 Global Companies for Leadership in Sustainability and Climate Action

(IN BRIEF) Iberdrola has been recognized by Richmond Global Sciences (RGS) as one of the top 10 companies globally for its significant positive impact on environmental, social, and financial aspects. This recognition highlights Iberdrola’s commitment to the United Nations Sustainable Development Goals (SDGs), with a focus on clean energy and climate action. The company aims to achieve carbon neutrality by 2030 and net zero emissions by 2040. Iberdrola has also received top rankings in various sustainability indices, including an “A” rating from CDP Climate Change and a ‘Green’ rating from Fitch Sustainable, recognizing its leadership in sustainability and green transition efforts.

(PRESS RELEASE) BILBAO, 17-Oct-2024 — /EuropaWire/ — Iberdrola has been recognized as one of the top 10 global companies with the most significant positive impact, according to a new report by technology consulting firm Richmond Global Sciences (RGS). The selection was based on RGS’s artificial intelligence-driven platform, which evaluates environmental, social, and financial impact data. Iberdrola, chaired by Ignacio Galán, stands out for its contributions in areas such as environmental stewardship, labor practices, and customer engagement, reinforcing its leadership in corporate sustainability.

This recognition highlights Iberdrola’s alignment with the United Nations Sustainable Development Goals (SDGs) for 2030, which are integral to its business strategy. The company’s efforts primarily focus on affordable and clean energy (SDG 7) and climate action (SDG 13), while also contributing to clean water and sanitation (SDG 6), innovation in industry and infrastructure (SDG 9), and the preservation of land ecosystems (SDG 15). Additionally, Iberdrola fosters partnerships to support these global goals (SDG 17).

Iberdrola is a key player on various international sustainability indices, including Moody’s ESG, MSCI, Sustainalytics, and FTSE4Good. Its ambitious goal is to achieve emissions neutrality by 2030 across its operations and net zero emissions by 2040. Furthermore, Iberdrola received top recognition for climate action, earning an “A” rating from CDP Climate Change and a ‘Green’ rating from Fitch Sustainable, acknowledging its robust green transition plan.

RGS’s report was conducted in partnership with the International Foundation For Valuing Impacts (IFVI), which promotes impact accounting to quantify the broader costs and benefits companies have on the environment and society. Iberdrola’s inclusion in this list underscores its leading role in advancing sustainability and climate action globally.

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SOURCE: Iberdrola