saltar.contenido

Share:

Corporate governance

Learn about Iberdrola's governance system

The corporate governance policies and rules ensure the proper operation of Iberdrola's main corporate decision-making bodies, administration and management and the development of the business generally, all in accordance with applicable law.

In particular, these policies and rules are structured into five parts: (i) corporate governance and regulatory compliance policies; (ii) resiliency, innovation and transformation policies; (iii) risk policies; (iv) rules on governance of the corporate decision-making bodies and of other internal functions and committees; and (v) market abuse prevention rules.

Introduction to Book Five - Corporate Governance [PDF] External link, opens in new window.

The policies and rules of Corporate governance book incorporate the best practices in good governance.

Corporate Governance and Regulatory Compliance Policies
- Corporate Governance PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 18 December 2007 and last amended on 19 December 2023.
  Download document [PDF] External link, opens in new window.
- Shareholder Engagement PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 17 February 2015 and last amended on 19 December 2023.
  Download document [PDF] External link, opens in new window.
- Shareholder Remuneration PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 23 October 2007 and last amended on 20 December 2022.
  Download document [PDF] External link, opens in new window.
- Policy regarding Communication and Contacts with Shareholders, Institutional Investors and Proxy AdvisorsExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 26 October 2011 and last amended on 19 December 2023.
  Download document [PDF] External link, opens in new window.
- Policy for the Definition and Coordination of the Iberdrola Group and Foundations of Corporate OrganizationExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 18 December 2007 and last amended on 20 February 2024.
  Download document [PDF] External link, opens in new window.
- Brand PolicyExternal link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 22 June 2015 and last amended on 19 December 2023.
  Download document [PDF] External link, opens in new window.
- Board of Directors Diversity and Member Selection PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 25 March 2015 and last amended on 19 March 2024.
  Download document [PDF] External link, opens in new window.
- Director Remuneration PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 18 December 2007 and last amended by the General Shareholders' Meeting on 17 May 2024.
  Download document [PDF] External link, opens in new window.
- Senior Management Remuneration PolicyExternal link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 18 December 2007 and last amended on 19 December 2023.
  Download document [PDF] External link, opens in new window.
- Statutory Auditor Contracting and Relations PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Audit and Risk Supervision Committee on 23 November 2005 and last amended on 20 February 2024.
  Download document [PDF] External link, opens in new window.
- Iberdrola Group Financial Information Preparation PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 24 July 2018 and last amended on 20 December 2022.
  Download document [PDF] External link, opens in new window.
- Iberdrola Group Non-Financial Information Preparation PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 21 July 2020 and last amended 20 June 2023.
  Download document [PDF] External link, opens in new window.
- Compliance and Internal Reporting and Whistleblower Protection System PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 20 June 2023.
  Download document [PDF] External link, opens in new window.
- Anti-Corruption and Anti-Fraud PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 20 December 2016 and last amended on 20 June 2023.
  Download document [PDF] External link, opens in new window.
- Competition Law Compliance PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 20 June 2023.
  Download document [PDF] External link, opens in new window.
- Corporate Tax PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 14 December 2010 and last amended on 20 December 2022.
  Download document [PDF] External link, opens in new window.
- Personal Data Protection PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 21 July 2015 and last amended on 20 June 2023.
  Download document [PDF]
Resiliency, Innovation and Transformation Policies
- Operational Resiliency PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 20 February 2024.
  Download document [PDF] Enlace externo, se abre en ventana nueva.
- Innovation PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 18 December 2007 and last amended on 19 December 2023.
  Download document [PDF] External link, opens in new window.
- Quality PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 18 December 2007 and last amended on 19 December 2023.
  Download document [PDF] External link, opens in new window.
- Policy on the Responsible Development and Use of Artificial Intelligence ToolsExternal link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 10 May 2022 and last amended on 20 February 2024.
  Download document [PDF]
- External
- Corporate Security PolicyExternal link, opens in new window. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 23 September 2013 and last amended on 20 February 2024.
  Download document [PDF] External
Risk Policies
- General Risk Control and Management Policy Enlace externo, se abre en ventana nueva. External link, opens in new window. External link, opens in new window.
  Initially approved by the Board of Directors on 18 December 2007 and last amended on 20 February 2024.
  Download document [PDF] External link, opens in new window.
- Summary of the Corporate Risk Policies Enlace externo, se abre en ventana nueva. External link, opens in new window.
  Last revised by the Board of Directors on 19 March 2024.
  Download document [PDF] External link, opens in new window.
  This summary includes the following policies:
  - Corporate Credit Risk Policy External link, opens in new window.
  - Corporate Market Risk Policy External link, opens in new window.
  - Operational Risk in Market Transactions Policy External link, opens in new window.
  - Insurance Policy External link, opens in new window.
  - Investment Policy External link, opens in new window.
  - Financing and Financial Risk Policy External link, opens in new window.
  - Treasury Share Policy External link, opens in new window.
  - Risk Policy for Equity Interests in Listed Companies External link, opens in new window.
  - Purchasing Policy External link, opens in new window. External link, opens in new window. External link, opens in new window. External link, opens in new window.
  - Information Technology Policy External link, opens in new window.
  - Cybersecurity Risk Policy External link, opens in new window.
  - Reputational Risk Framework Policy External link, opens in new window.
  - Occupational Safety and Health Policy
- Summary of the Specific Risk Policies for the Various Group BusinessesEnlace externo, se abre en ventana nueva. External link, opens in new window.
  Last revised by the Board of Directors on 20 February 2024.
  Download document [PDF] External link, opens in new window.
  This summary includes the following policies:
  - Risk Policy for the Networks Businesses of the Iberdrola Group
  - Risk Policy for the Electricity Production and Customers Businesses of the Iberdrola Group
  - Risk Policy for the Real Estate Business
Governance Rules of the Corporate Decision-Making Bodies and other Functions and Internal Committees
- Regulations for the General Shareholders' Meeting [PDF] External link, opens in new window. External link, opens in new window.
  Last amended by the General Shareholders' Meeting on 17 May 2024, which was registered in the Commercial Registry of Biscay on 27 May 2024.
- Regulations for the Electronic Shareholders' Forum [PDF] External link, opens in new window.
  Last amended by the Board of Directors on 20 June 2023.
- Regulations of the Board of Directors [PDF] External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Last amended by the Board of Directors on 19 December 2023, which was registered in the Commercial Registry of Biscay on 26 December 2023.
  See amendments from 17/06/2022 to 14/03/2023
- Regulations of the Audit and Risk Supervision Committee [PDF] External link, opens in new window. External link, opens in new window.
  Last amended by the Board of Directors on 20 February 2024.
- Basic Regulations for the Internal Audit Function [PDF] External link, opens in new window. External link, opens in new window.
  Last amended by the Board of Directors on 20 February 2024.
- Basic Regulations for the Internal Audit Function [PDF] External link, opens in new window. External link, opens in new window.
  Last amended by the Board of Directors on 20 February 2024.
- Regulations of the Appointments Committee [PDF] External link, opens in new window.
  Last amended by the Board of Directors on 19 December 2023.
- Regulations of the Remuneration Committee [PDF] External link, opens in new window.
  Last amended by the Board of Directors on 8 November 2022.
- Regulations of the Sustainable Development Committee [PDF] External link, opens in new window. External link, opens in new window. External link, opens in new window.
  Last amended by the Board of Directors on 20 June 2023.
- Regulations of the Compliance Unit [PDF] External link, opens in new window.
  Last amended by the Board of Directors on 19 December 2023.
- Internal Rules on Composition and Duties of the Operating Committee [PDF] External link, opens in new window.
  Last amended by the Board of Directors on 14 March 2023.
Market Abuse Prevention Rules
- Internal Regulations for Conduct in the Securities Markets [PDF] External link, opens in new window. External link, opens in new window.
  Last amended by the Board of Directors on 19 December 2023.
- Internal Rules for the Processing of Inside Information [PDF] External link, opens in new window. External link, opens in new window.
  Last amended by the Board of Directors on 26 April 2022.

Of interest

Of interest

NEXT
EVENTS

OPEN