Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced emissions per MWp constructed compared to 2021.
• Improved accuracy and scope of Scope 3 emissions measurements.
• Operated first on-site self-consumption solar panels.
• Improved supplier evaluation systems incorporating sustainability criteria.
• Verified Non-Financial Information Statement in accordance with Law 11/2018.

Social Achievements

• Intense workforce growth, increasing knowledge across company areas.
• Significant increase in training hours.
• 27 internal promotions and increase in number of positions of responsibility.
• Promoted employee health through campaigns and healthy food provision.

Governance Achievements

• Improved ESG rating with Sustainalytics, particularly in risk management.
• Incorporation of 2 Spanish institutional funds with SRI criteria in their investment mandates.
• Financing for 12 mUSD for PMGDs in Chile with CIFI.
• Obtaining guarantees from Avalis for the Tremp project in Spain applying ESG criteria.
• Compliance with ESG elements to the preceding financing conditions of the Project Finance of Chile.

Climate Goals & Targets

Environmental Challenges

• Maintaining control over supplier approval and improving evaluation systems.
• Addressing climate change risks and opportunities.
• Managing ESG and corporate reputation risks.
• Ensuring compliance with regulatory changes in electricity markets.
• Maintaining financial strength and growth.

Mitigation Strategies

• Implemented information access security measures, backup policies, and other measures to address cybersecurity risks.
• Calculated emissions generated by own activity and set reduction targets.
• Developed a five-year sustainability program with annual monitoring.
• Established a risk management model to anticipate environmental evolution and quantify outcome variability.
• Incorporated ESG criteria into investment decision-making.

Supply Chain Management

Supplier Audits: All suppliers collaborating in 2022 were approved based on track record; audits planned for 2023 as needed.

Responsible Procurement

• Environmental, social, and business ethics criteria established as requirements; supplier questionnaire with specific criteria focusing on environmental, health & safety, and quality.

Climate-Related Risks & Opportunities

Physical Risks

• Effects of climate change

Transition Risks

• Regulatory change in electricity markets
• Falling energy prices

Opportunities

• Contribution to climate change mitigation through renewable energy projects.

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Third-party Assurance: EY (Ernst & Young S.L.)

UN Sustainable Development Goals

• 7 (Affordable and Clean Energy)
• 8 (Decent Work and Economic Growth)
• 9 (Industry, Innovation and Infrastructure)
• 13 (Climate Action)

Enerside's activities contribute to these SDGs through renewable energy project development, job creation, sustainable practices, and climate change mitigation.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Recognition for internationalization at the Pyme Barcelona 2022 awards.