[4.5] Natural capital

  Management approach Principal activities 2020 Outlook
Protect the environment and stop the loss of biodiversity
  • Conserve and recover the ecosystems associated with our activities, coordinating the biodiversity plans of the businesses in affected areas.
  • Improve the compatibility of Iberdrola’s infrastructure with protection of the environment.
  • Avoid discharges and pollution of water and soil, all in line with Iberdrola’s Biodiversity Policy and Environmental Policy.
  • Iberdrola commits to continuously improve biodiversity protection standards in order to reach a net positive balance at all new generation infrastructures that it deploys by 2030, applying mitigation hierarchy principles and avoiding placement in protected areas.
  • Acquisition of ISO-TS 14072 Certificate for Corporate Environmental Footprint (CEF) 2019.
  • Sustainable 2020 General Shareholders’ Meeting: ISO 20121 certification as a sustainable event for fourth consecutive year.
  • Renewal of all ISO 14001:2015 certificates. Expansion of i-DE scope to construction; the commercial business is certified in the UK.
  • Biodiversity Action Plans.
  • Environmental guidelines linked to the SDGs.
  • Launch of the Iberdrola Trees program.
  • Publication of the Biodiversity Report 2018-2019.
  • Biodiversity training and awareness-raising campaign.
  • Active participation in We Value Nature, Business for Nature initiatives.
  • Restoration, recovery, improvement and maintenance of natural spaces and habitats.
  • Integrate the concept of natural capital.
  • New biodiversity plan for the group.
  • Update of environmental and biodiversity policies.
  • Leadership in protection of biodiversity.
  • Development of a climate change adjustment strategic plan.
  • Offset of emissions using “sinks".
Combat climate change and its effects
  • Prevent pollution and the emission of greenhouse gases (GHGs) through practices that reduce or eliminate the production of pollutants at source.
  • Reduce the emissions of non-GHGs into the air.
  • Gradually replace equipment that uses ozone layer-reducing substances.
  • Promotion of awareness-raising campaigns regarding air quality.
  • New GHG emissions-free facilities (renewable, wind, hydroelectric, etc.).
  • Emissions in Spain were 73 gr CO2 / kWh.
  • Certification of Neoenergia’s GHG inventory under the ISO 14064 standard.
  • Approval of SBTi Targets regarding the group’s emissions according to 1.5ºC.
  • Increased ambition in commitment to reduce specific emissions.
  • Sustainable mobility plan: over 200 subsidies for the purchase of electric vehicles for the workforce.
  • Reduce emissions intensity to 50g CO2 / kWh by 2030.
  • Be carbon neutral by 2050 at the global level and by 2030 in Europe.
  • Develop innovative projects to reduce pollution.
  • Increase reduction activities accompanying the supply chain.
  • Promote electric vehicles: install over 150,000 electric vehicle recharging points.
  • Active participation in the SDGs approved in September 2015 (prioritising goals 7 and 13).
Guarantee sustainable modes of production and consumption
  • Continuous improvement in operational performance.
  • Implementation of actions to increase energy efficiency.
  • Decrease in consumption of natural resources.
  • Inclusion of environmental variable in the design of infrastructure (Eco-design).
  • Improvement in control and management of waste generated.
  • Innovative activities in environmental management and control.
  • Efficient management of water consumption.
  • Improvement in withdrawal and consumption of inland water at all generation facilities.
  • Improvement in reuse and recycling of waste.
  • Active awareness-raising on the circular economy.
  • Iberdrola’s Circularity Report based on WBCSD indicators.
  • Preliminary report on Iberdrola’s water scarcity footprint.
  • Reduce the water use / production ratio by 50% by 2030 compared to 2019.
  • Develop and drive new ecodesign initiatives.
  • Analysis of life cycle.
  • Life Cycle Costing.
  • Promote responsible and sustainable production in the supplier chain.
  • The circular economy as the sustainable basis of the group’s business.
  • Verification of Iberdrola’s Water Footprint.
  • Integrated analysis of the corporate, water and circular footprints.
Revitalise partnerships with Stakeholders for sustainable development
  • Strengthen transparent dialogue with Stakeholders in order to work together in seeking solutions to environmental problems.
  • Manage environmental compliance by suppliers.
  • Transparently report on environmental results and activities.
  • Optimisation of and innovation in environmental management systems.
  • Public-private partnership with the Basque Government on environmental issues.
  • Participation in the European REEF project to develop environmental product footprints together with EDP.
  • Participation in Natural Capital’s working group with companies in the industry.
  • Establishment of the “The Day After” partnership with ITD-UPM, REDS and IS Global. Active participation in the four work communities that have been established: Economy, Environment, Cities and Cooperation.
  • Environmental transparency and communication:
    • Development of new Environmental Product Declarations (EDPs).
  • Communication of environmental performance, development of methodology.
  • Environmental communication plan.
  • Increased participation in international forums.

The environmental dimension is a key factor in the concept of sustainability

Specific CO2 emissions from facilities in Europe

-62,6 % vs European average

(Carbon factor in g of CO2 / MWh)

European carbon factor 2019: 249g CO2 /kWh1
Source: “Climate Change and Electricity: European carbon factor.” PwC France. Dec 2020

(1) The figure of 93 g CO2 in this chart refers to emissions from Iberdrola’s facilities in Europe during 2019. The other companies only include the European space.

Intensity of emissions in Spain (g CO2/kWh)

Overall intensity of the group’s emissions (g CO2/kWh)1

1 Calculated on total own production.

Volume of recovered, reused or recycled waste (t)

(*) 2019: Increase as a result of the reuse of construction land at facilities in the United States.

Key Figures