Climate Change Data

Voltalia

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Biodiversity
  • Resource Management
  • Community Relations
  • Health & Safety
  • Business Ethics & Compliance

Environmental Achievements

  • Produced 2.1 TWh of renewable energy in 2019, leading to 1,162 kilotons of CO2eq avoided emissions.

Social Achievements

  • Launched Employee Share Purchase Plan in 2019 with 69.5% employee participation.
  • Strong management of ESG issues, ranking 7th out of 482 companies in Sustainalytics utilities benchmark.

Governance Achievements

  • Established a Green & Sustainability-Linked Financing Committee for governance of framework and issuances.
  • Mandated EthiFinance for a Second Party Opinion on the framework.

Climate Goals & Targets

Medium-term Goals:
  • 2.6 GW in operation or under construction and an EBITDA of between €275 and €300 million by the end of 2023.

Environmental Challenges

  • Potential impact on biodiversity.
  • Rational management of resources.
  • Impact on local communities.
  • Occupational and community health & safety.
Mitigation Strategies
  • Implementation of tailored mitigation measures.
  • Building long-term partnerships with local stakeholders.
  • Development of community development projects.
  • Sound environmental management practices.
  • Alignment of subcontractors and suppliers HSE performance with Voltalia’s requirements.
  • Optimizing the use of natural resources.
  • Monitoring and prevention of environmental issues.
  • Long-term sustainable support to community development projects.

Supply Chain Management

Responsible Procurement
  • Ensuring alignment of subcontractors and suppliers HSE performance with Voltalia’s requirements

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Green Bond Principles (GBP), Sustainability-Linked Bond Principles (SLBP), Green Loan Principles (GLP), Sustainability-Linked Loan Principles (SLLP)

Third-party Assurance: EthiFinance (Second Party Opinion), External independent auditors (post-issuance verification)

UN Sustainable Development Goals

  • SDG 7
  • SDG 9
  • SDG 13

Renewable energy production, development, construction and operation of five energy production and storage technological solutions, and avoided CO2 emissions.