News
2023-12-09 09:55:00.0Iberdrola, the only European utility to be included in all 24 editions of the Dow Jones Sustainability World Index
- The company's inclusion once again demonstrates its strong commitment to the highest environmental, social and corporate governance standards.
Iberdrola has once again been included in the Dow Jones Sustainability World Index (DJSI), making it the only European utility to have been present in the index during its 24 editions. This is reflected in the annual update published by S&P Dow Jones Indices. S&P Dow Jones Indices is a division of S&P Global, which provides essential data for investors, companies and governments to make confident decisions.
The selection is evidence of the group's strong commitment to the highest environmental, social and corporate governance standards, as from an initial universe of some 10,000 companies, only 10% of the listed companies with the best sustainability scores are selected.
The evolution of this index also demonstrates how investor interest in the most sustainable companies has increased in recent years and that it is compatible to create value for shareholders with a sustainable business model and involvement with the environment: since 2001, the DJSI World in euros has risen by around 80%, compared to the 250% rise of Iberdrola in the same period.
This performance reflects the success of a model based on sustainable development, which has made Iberdrola the world leader in renewable generation, with more than 41,400 megawatts (MW) of renewable energy installed and an emission-free electricity production of more than 80% by the end of the third quarter of 2023.
In this edition, the company has once again demonstrated its leadership in relevant aspects such as innovation, stakeholder relations, market opportunities, emissions and human rights.
In addition to its inclusion in this index, the group's presence and high score in the main international sustainability indices, including Moody's ESG, CDP, MSCI, FTSE4Good, Sustainalytics, ISS-ESG, Bloomberg GEI, Euronext Vigeo Eiris indices, Global100, EcoVadis, etc., must be added.
Leading sustainability
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 a benchmark 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, non-polluting energy (goal 7) and climate action (goal 13), while contributing directly to ensuring clean water and sanitation (goal 6), has increased its investment in R&D&I activities (goal 9), promotes respect for the life of terrestrial ecosystems (goal 15) and works to establish alliances to achieve the goals (goal 17).
After anticipating the current energy transition by 20 years with more than 150 billion euros of investment, the company is moving forward with its historic investment plan of 47 billion euros in the period 2023-2025 and consolidating its business model, based on more renewable energies, more grids, more storage and more smart solutions for customers.