News
2024-12-23 17:38:00.0 - 2024-12-23 17:38:00.0 UTC +01:00Iberdrola celebrates 25 years in the Dow Jones Sustainability Index
- The company chaired by Ignacio Galán is once again included in the global benchmark Sustainability Index
- Iberdrola is the only European utility included in all 25 editions of the Dow Jones World Sustainability Index
Iberdrola celebrates 25 consecutive years in the prestigious international Dow Jones Sustainability Index (DJSI), which makes it the only European utility that has been present in the index throughout this time. This is reflected in the annual update published by the S&P Dow Jones Index, a division of S&P Global, which provides essential ESG data for investors, companies and governments to make decisions with confidence.
Iberdrola is thus included as a member of DJSI World and DJSI Europe in the "Electric Utilities" sector. This reflects the group's firm commitment to the highest sustainability standards, as from an initial universe of around 13,000 companies, only those with the best scores are selected.
The utility, Europe's largest by capitalization with a value of more than 80 billion euros, has met the S&P's requirements that decide index constituents. It complies with an increasingly demanding methodology that encompasses more than 120 sections related to sustainability, distributed in three pillars: respect for the environment, social commitment and good corporate governance.
Iberdrola already has more than 44,000 megawatts (MW) of installed renewable capacity worldwide. The group's emission-free production stands at 84%, and in the United Kingdom, France, Italy, Germany, Poland, Portugal, Greece and Bulgaria it stands at 100%.
Iberdrola aims to achieve emissions neutrality in its generation, distribution and consumption plants by 2030 (scopes 1 and 2) and to achieve net zero emissions in all the company’s activities by 2040.
Iberdrola is a global reference, present in the main international sustainability indexes, including Moody's ESG, MSCI, Sustainalytics, ISS-ESG, CDP, FTSE4Good, Blomberg, EcoVadis, among many others.
Leading the electrification of the economy
After anticipating the current energy transition by 20 years with more than 160,000 million euros of investment, the company is making progress in its historic investment plan of 41,000 million euros in the period 2024-2026 (to which are added the 5,000 million euros from the purchase of the British ENW) and consolidates its business model based on more energy, grids, renewables, more storage and more smart solutions for customers.
At the forefront of sustainability worldwide, Iberdrola has incorporated the Sustainable Development Goals (SDGs), defined by the United Nations for the 2030 horizon, into its business strategy and sustainability policy, and is an example for its direct contribution to the global goals, highlighting its contributions in the field of energy and climate change.
The company focuses its efforts on the supply of affordable and non-polluting energy (goal 7) and on climate action (goal 13), although it contributes directly to ensuring clean water and sanitation (goal 6), it has increased its investment in activities of R&D&i (goal 9), promotes respect for the life of terrestrial ecosystems (goal 15) and works to establish alliances to achieve the objectives (goal 17).