#transparency
Transparency is an up-and-coming value at the political, company and social level and comes as a response to the crisis of confidence that is affecting institutions around the world. Being transparent and creating a climate of trust is the principle behind restoring it.
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Our environmental management is based on the principles of respect for the environment, dialogue with stakeholders and a single Environmental Management System that acts as a common framework for the coordination of the different plans and measures, as well as the transparency of the information published on the company's environmental impact.
As a part of our commitment to transparency towards our stakeholders, Iberdrola is including additional information with respect to its nuclear portfolio.
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The economic, environmental and social activity of companies is subject to scrutiny by a large number of specialised agencies. Analysis of this activity is very often reflected in the publication of specific indexes and reports on the subject
Iberdrola supports all initiatives that encourage the development of market mechanisms that aid the transparency of information which may help to facilitate competition in energy markets. The EU regulation regarding the integrity and transparency of the wholesale energy markets (REMIT), requires all generators to publically declare as quickly as possible and in as much detail as possible the current status of power facilities. This includes any problems at the generation facility that could lead to lower performance or plant outages.
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A non-fungible token (NFT) is a unique, unrepeatable and indivisible digital asset that, linked to the development of blockchain technology and the cryptocurrency phenomenon, is gaining more and more attention. Auction houses, for example, are positioning themselves to use this technology, as are artists, athletes and even gamers. Below, we look at the peculiarities of these digital assets and why they are booming.
Iberdrola's Governance and Sustainability System is founded on ethics, transparency and best international practice in matters of good management, with the aim of defending the public interest and creating sustainable value for all its Stakeholders. The company supports a culture of zero tolerance towards corruption and fraud and promotes the study and dissemination of the principles of business and professional ethics.
