Iberdrola Strengthens Global Leadership in Sustainability with Continued FTSE4Good Index Inclusion

Iberdrola Strengthens Global Leadership in Sustainability with Continued FTSE4Good Index Inclusion

(IN BRIEF) Iberdrola has once again secured its place in the prestigious FTSE4Good index, highlighting its commitment to sustainability and responsible business practices. The company, led by Ignacio Galán, has maintained its position in the index since 2009, demonstrating strong performance in areas such as environmental impact, social responsibility, and corporate governance. Iberdrola operates over 43,000 megawatts of renewable energy capacity worldwide, with 85% of its production being emissions-free. The company is also recognized in other sustainability indices and is committed to achieving carbon neutrality by 2030 and net-zero emissions by 2040. Additionally, Iberdrola aligns its business strategy with the United Nations’ Sustainable Development Goals (SDGs).

(PRESS RELEASE) BILBAO, 22-Aug-2024 — /EuropaWire/ — Iberdrola, one of the world’s largest electricity companies, has once again secured its place in the FTSE4Good index, reaffirming its commitment to sustainability and responsible business practices. The company, chaired by Ignacio Galán, has been a consistent presence in this prestigious index since 2009, demonstrating its dedication to environmental, social, and governance (ESG) principles.

The FTSE4Good index, designed to facilitate investments in companies that excel in sustainability, recognizes Iberdrola’s adherence to strict ESG criteria. The index evaluates companies based on over 200 indicators, including environmental impact, social responsibility, and corporate governance. Iberdrola’s continued inclusion highlights its strong performance in areas such as labor standards, human rights, biodiversity, climate change, and fiscal transparency.

Iberdrola has made significant strides in reducing its carbon footprint, with 85% of its global production now emissions-free. The company operates over 43,000 megawatts (MW) of renewable energy capacity worldwide, setting a benchmark in the industry. In Europe, Iberdrola’s emissions are notably low at just 26 grams of CO2 per kilowatt-hour (kWh), far below the industry average.

In addition to its recognition in the FTSE4Good index, Iberdrola has also earned top marks in other leading sustainability benchmarks, including the CDP Climate Change index, where it achieved an “A” rating. This accolade places Iberdrola among a select group of companies recognized for their outstanding efforts in combating climate change.

Iberdrola is committed to achieving carbon neutrality by 2030 for its generation, electricity distribution, and own consumption operations, and aims to achieve net-zero emissions across all activities by 2040. The company’s sustainability efforts are further underscored by its inclusion in other key indices such as the Dow Jones Sustainability Index, Moody’s ESG, MSCI, and Sustainalytics.

As a global leader in sustainability, Iberdrola has integrated the United Nations’ Sustainable Development Goals (SDGs) into its business strategy. The company focuses on providing affordable and clean energy, taking climate action, ensuring clean water and sanitation, investing in innovation, and fostering partnerships to achieve these global goals.

Media Contact:

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

SOURCE: Iberdrola