ACCIONA, S.A. and subsidiaries
Climate Impact & Sustainability Data (2014, 2015, 2016, 2017, 2020, 2021, 2022, 2023, 2024-01 to 2024-06)
Reporting Period: 2014
Environmental Metrics
ESG Focus Areas
- Climate Change
- Renewable Energy
- Energy Efficiency
- Water Management
- Social Impact
- Community Development
- Employee Volunteering
Environmental Achievements
- Named world leader in the fight against climate change by CDP Climate Performance Leadership Index 2014
- Received best rating in environmental transparency in history
- Lowest greenhouse gas emissions in the world among energy companies
- ACCIONA 100% EcoPowered, first zero-emissions car to enter the Dakar Rally
- Construction of the world’s first lighthouse made from composite materials (reducing construction time by over 40% and pollution by 20%)
- Reduced energy consumption by 60% at two industrial plants through LED lighting
Social Achievements
- Community plan for Chiripa wind farm in Costa Rica, favoring local contracting and improving infrastructure
- Over 140 ACCIONA employees volunteered in Peru and Mexico on development projects
- More than half of the 328 employees on the Chiripa wind farm construction were local hires
Governance Achievements
- Improved total score and points in economic, social, and environmental dimensions in the Dow Jones Sustainability World Index (DJSI World)
Climate Goals & Targets
Environmental Challenges
- Long-distance stages and refuelling system design for the ACCIONA 100% EcoPowered Dakar Rally car
- Efficiency of electric engine and energy storage system in extreme conditions
- Logistics of recharging and battery changes during the Dakar Rally
- Solidity of a new prototype in extreme conditions
Mitigation Strategies
- Two years of R&D for optimum integration of electric propulsion technology and racing vehicle characteristics
- Multi-faceted removable battery system
- Energy-efficient motor/inverter with kinetic energy recovery system (KERS)
- In-race recharging logistics
- On-board renewable energy generation using solar panels
Supply Chain Management
Responsible Procurement
- Local contracting incentives for Chiripa wind farm
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: CDP Climate Performance Leadership Index
Certifications: ISO 50001 (mentioned in relation to ACCIONA Agua)
Sustainable Products & Innovation
- ACCIONA 100% EcoPowered car
- Composite materials for lighthouse construction
Awards & Recognition
- CDP Climate Performance Leadership Index 2014
- Best rating in environmental transparency
- Red Dot Design Award for Wu Kingdom Relic Museum multimedia installation
- Engineering Excellence Award for Mundaring Water Treatment Plant
Reporting Period: 2015
Environmental Metrics
ESG Focus Areas
- Climate change mitigation and adaptation
- Impact and dialogue with local communities and job creation
- Risk management
- Ethics and compliance
- Sustainable innovation
- Health and safety
- Sustainable water management
- Biodiversity
- Corporate Governance
- Sustainable management of suppliers
- Equality and diversity
- Human rights
Environmental Achievements
- Avoided the emission of 17.2 million tonnes of CO2 in the atmosphere.
- Generated a positive impact on the planet of 495 hm3 (ACCIONA’s water footprint), 6.5 times the water footprint for 2009.
- Reduced energy consumption ratio (energy/sales) by 26% (2009 baseline).
Social Achievements
- Reduced accident frequency rate by 31.57% compared to 2011.
- Reached 3.55% of the workforce as people with disabilities in Spain.
- Allocated 7 million euros to social contribution initiatives.
- Increased global client satisfaction index by over 14%, reaching 98%.
Governance Achievements
- Created a Company Policy Book, updated the Code of Conduct, and set up a General Directorate of Corporate Compliance.
- Carried out an external diagnostic study regarding Human Rights.
- Implemented a Crime Prevention and Anti-corruption Programme.
Climate Goals & Targets
- Sustainability Master Plan 2020 objectives
- Sustainability Master Plan 2020 objectives
- Carbon neutrality by 2016
- Develop plans to monitor and reduce water consumption in 10 production sites.
Environmental Challenges
- Climate change and its impact on business operations.
- Water scarcity and its impact on operations.
- Population growth and its impact on urban environments.
- Corruption and ethical challenges.
- Regulatory risks in the energy sector.
- Managing the social impact of infrastructure projects.
Mitigation Strategies
- Developed a Sustainability Master Plan 2020 with a goal of becoming carbon neutral.
- Implemented measures to improve corporate governance, ethics, and transparency.
- Developed initiatives to improve health and safety of employees and third parties.
- Implemented Social Impact Management methodology in projects.
- Improved the performance of the supply chain regarding sustainability.
- Increased investment in R&D&I to 876 million euros.
Supply Chain Management
Supplier Audits: 169 audits in 2015 (43 international)
Responsible Procurement
- Ethical Principles for Suppliers, Contractors and Collaborators
- Inclusion of ethical clauses in tenders, orders and contracts
- PROCUR-e tool for supplier management
- Sustainability criteria in bidding processes
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products and services
- Growth in renewable energy sector
Reporting Standards
Frameworks Used: GRI G4, AA1000 APS, UN Global Compact
Certifications: ISO 9001, ISO 14001, OHSAS 18001, Bequal
Third-party Assurance: KPMG Asesores S.L.
UN Sustainable Development Goals
- Not disclosed
Report mentions alignment with UN Sustainable Development Goals.
Sustainable Products & Innovation
- Wind turbines
- Fluoropolymer coatings for ships
- Bio-based composite materials
Awards & Recognition
- RobecoSAM Silver Class 2016
- Global Water Intelligence Award (Atotonilco WWTP)
- Comprendedor Award (Fundación Empresa y Sociedad)
- 14th Fundación Torres Quevedo award
Reporting Period: 2016
Environmental Metrics
ESG Focus Areas
- Society
- Climate Change
- Environment
- Corporate Governance
- People
- Value Chain
- Innovation
Environmental Achievements
- Became a carbon neutral company.
- Generated a positive water footprint of 510 hm³, equivalent to the annual consumption of more than 10 million people.
- Reduced water consumption by 7% compared to 2015.
- Avoided the emission of 14.8 million tonnes of CO₂ thanks to its energy generation activity from renewable sources.
Social Achievements
- Updated the Social Impact Management procedure, implementing it in 82 projects.
- Social contribution of €9 million.
- Accident frequency rate for company employees declined by 4.7%.
- 94% implementation of the performance evaluation scheme.
Governance Achievements
- Reviewed the company's Code of Conduct.
- Disclosed policy for communication and contact with shareholders, institutional investors and voting advisors.
- Published operational reports issued by the Audit and Appointments and Remuneration Committees.
Climate Goals & Targets
- Neutral biodiversity footprint by 2020.
- Achieve carbon neutrality.
- Implement Crime Prevention and Anti-Corruption Model in all activities.
- Implement a program of respect, protection and remediation of human rights in all activities and markets.
- Reduce the frequency rate by 15% compared to 2015.
- Improve the degree of implementation of the methodology phases of Social Impact Management.
- Extend the measurement of socioeconomic impact to other projects.
Environmental Challenges
- Population growth putting strain on water and energy resources.
- Water shortages and declining water quality.
- Climate change mitigation in the energy sector.
- Maintaining carbon neutrality.
- Improving the implementation of the Social Impact Management methodology.
- Extending the measurement of socioeconomic impact to other projects.
- Adapting the Code of Conduct to the most advanced practices.
- Implementing a program of respect, protection and remediation of human rights in all activities and markets.
- Improving the company's environmental risk management.
- Making progress in the deployment within the organization of the waste management plan for the promotion of circular economy.
- Encouraging the global promotion of purification, treatment and/or desalination in regions affected by water stress.
- Supervising the company's action and compensation plans regarding biodiversity.
Mitigation Strategies
- Launched Sustainability Master Plan 2020.
- Implemented Social Impact Management methodology in 82 projects.
- Developed a Carbon Offsett Model to offset unavoidable emissions.
- Defined Waste Management Programme 2016-2020.
- Implemented Crime Prevention and Anti-Corruption Model in Mexico.
- Completed human rights diagnosis.
- Defined a methodology for mapping sustainability risks.
- Developed plans to monitor and reduce water consumption.
- Published the report ACCIONA, Global Commitment to Biodiversity.
Supply Chain Management
Supplier Audits: 190 audits (92 international, 98 in Spain)
Responsible Procurement
- PROCUR-e platform
- Risk Map
- Procedure for Supplier Qualification and Evaluation
- No Go Policies
- Self Declaration of Responsibility for Suppliers
- Ethical principles for suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Variation in average and extreme temperatures
- Variation in average rainfall
- Change in rainfall patterns
- Change in patterns of extreme events
- Rise in sea level
Transition Risks
- Climate policies
- Carbon pricing systems
- Reporting and/or emissions reduction objectives
- Product efficiency regulations and standards
- Renewable energy regulations
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI G4, AA1000 APS
Certifications: ISO 9001, ISO 14001, OHSAS 18001
Third-party Assurance: KPMG Asesores S.L.
UN Sustainable Development Goals
- SDG 1
- SDG 3
- SDG 4
- SDG 6
- SDG 7
- SDG 9
- SDG 13
- SDG 15
Various voluntary activities contributing to social progress, environmental balance, and economic growth.
Sustainable Products & Innovation
- Smart thermal insulation
- Multifunctional photovoltaic products
Awards & Recognition
- CDP Climate A List 2016
- CDP Water A List 2016
- CDP Supplier Climate A List 2016
- RobecoSAM Silver Class 2017
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Climate Change
- Environment
- Social
- Governance
- Renewable Energy
- Sustainable Infrastructure
- Occupational Risk Prevention
- Water Management
- Community Development
- Diversity & Inclusion
Environmental Achievements
- Avoided the emission of 485,000 tonnes of CO2 per year from El Romero Solar photovoltaic plant
- Avoided 119,164 tonnes of emissions from Punta Palmeras wind farm
- Achieved carbon-neutral company status in 2016
- Reduced water consumption in Kathu solar thermal plant by saving 8 million cubic meters of water over 20 years
- 98% of wastewater purified in Spain
- Atotonilco wastewater treatment plant in Mexico City reuses 100% of treated effluent for agricultural irrigation, reducing CO2 emissions by 400,000 tons per year
Social Achievements
- Created over 5,000 jobs per year in Kathu's construction phase
- Created more than 10,700 year-jobs over the course of Kathu plant's useful life
- Launched educational campaigns to promote recycling and conservation of natural resources in La Paz, Mexico
- Donated goods and materials for repairs to the parish church, built an incinerator in a clinic and cleaned the septic tank at a primary school in San Rafael, Mexico
- Organized AIDS prevention talks in Bokpoort, South Africa
- Quito subway project employed 92% Ecuadorian workers
Governance Achievements
- Named the second most sustainable utility in the world by Corporate Knights
- Named the world’s greenest electricity supply company by Energy Intelligence
- Obtained highest scores for water management and fighting against climate change (CDP)
- Implemented Sustainability Master Plan (2016-2020)
Climate Goals & Targets
Environmental Challenges
- Administrative barriers in Europe hindering PPA growth
- Need to improve coverage of wastewater treatment in small towns and sensitive areas in Spain
- Need for government to amend administrative clauses to allow investment in WWTP automation technologies
- Under-representation of women in STEM disciplines
Mitigation Strategies
- Advocating for removal of EU administrative barriers to facilitate PPA market expansion
- Investing in automation technologies for wastewater treatment plants
- Promoting Homeward Bound project to increase women's participation in STEM
Supply Chain Management
Responsible Procurement
- Ensuring suppliers meet quality requirements
Climate-Related Risks & Opportunities
Awards & Recognition
- Second most sustainable utility in the world (Corporate Knights)
- World’s greenest electricity supply company (Energy Intelligence)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Climate change
- Biodiversity
- Circular economy
- Social responsibility
- Corporate governance
Environmental Achievements
- Carbon neutral since 2016 (ACCIONA); Carbon positive (ACCIONA Energía) through carbon offsets
- 85% decrease in HSE index (Frequency index decreasing 10 years in a row)
- Degradation of solar PV modules 4x lower vs. suppliers’ specifications; Production in 30+ years will be 12% higher than with suppliers’ specifications
Social Achievements
- Top Employer 2021 Spain
- ACCIONA.org serviced 15,215 households in 2020, managing energy access programs in several countries
- 21k hours of employee training
Governance Achievements
- Balanced board composition with a majority of independent directors (64%)
- Framework Agreement governing relationship with ACCIONA, S.A.
Climate Goals & Targets
- >30GW installed capacity by 2030
- 20GW installed capacity by 2025
Environmental Challenges
- Supply chain disruptions (implied)
- Market volatility and risk (addressed through hedging and diversification)
- Regulatory changes (addressed through proactive engagement)
Mitigation Strategies
- Diversified supply chain
- Sophisticated risk management process including hedging and portfolio diversification
- Proactive engagement with regulators
Supply Chain Management
Responsible Procurement
- Master Supply Agreements with Tier-1 OEMs
- ESG standards applied to suppliers
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- Goal 7
- Goal 6
Providing access to energy, water and sanitation to underserved communities
Awards & Recognition
- Dow Jones Sustainability Indexes Industry Leader (Electric Utilities)
- Global 100 Most Sustainable Corporations
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate Change
- Biodiversity
- Circular Economy
- Water
- Human Rights
- Diversity & Inclusion
- Governance
- Responsible Procurement
- Community Investment
Environmental Achievements
- Reduced Scope 1 and 2 GHG emissions by 19% compared to 2017.
- Reduced Scope 3 GHG emissions by 28% (relevant categories) compared to 2017.
- Achieved 75% renewable energy consumption globally.
- Reduced fossil fuel energy consumption by 83% compared to 2017.
- Reduced water consumption by 49% compared to 2017.
- Recovered 87% of non-hazardous waste.
- Reduced waste sent to landfill by 22% compared to the previous year.
- Used 28% recycled or renewable raw materials.
Social Achievements
- Launched Internal Control System for Social Safeguards.
- Updated Human Rights Policy, defining due diligence strategy.
- Increased percentage of women in executive and management positions to 21.8%.
- Reduced global accident frequency rate by 27% compared to 2019.
- Implemented Home Office pilot program with 96-98% employee satisfaction.
- Increased number of projects with Social Impact Management by 61%.
Governance Achievements
- Merged Audit and Sustainability Committees into Audit and Sustainability Committee.
- Amended ACCIONA's corporate purpose to align with sustainable development models (99.96% shareholder approval).
- Integrated finance and sustainability teams at management level.
- Obtained ISO 37001 for Anti-bribery Management Systems and UNE 19601 for Criminal Compliance Management Systems in the water business.
Climate Goals & Targets
- Net-zero emissions by 2050.
- Reduce GHG emissions by 23.08% (Scopes 1 & 2) and 18.08% (Scope 3*) compared to 2017.
- Invest 90% of CapEx in sustainable activities according to the European taxonomy.
- Plant 232,500 trees voluntarily.
- Reduce water consumption by 10% in water-stressed areas (compared to 2020).
Environmental Challenges
- Record high in CO2 emissions globally.
- Supply chain disruptions due to raw material price increases (up to 300%).
- COVID-19 pandemic impact on operations and workforce.
- Water stress in certain regions.
- Climate change risks (reduced hydraulic generation, decreased wind resource, increased operational costs).
Mitigation Strategies
- Developed alternative sourcing strategies.
- Implemented climate adaptation plans.
- Implemented energy efficiency measures.
- Developed a decarbonisation fund.
- Used internal carbon pricing.
- Implemented COVID-19 protocols and guidelines.
- Developed water recycling systems.
- Implemented social safeguards and due diligence processes.
Supply Chain Management
Supplier Audits: 240 audits (237 direct, 3 non-tier 1)
Responsible Procurement
- Ethical Principles for Suppliers
- Supplier Self-Declaration of Responsibility
- ESG Risk Map
- No-Go Policies
- Supplier certification and audit procedure
- Sustainable Procurement Guide
Climate-Related Risks & Opportunities
Physical Risks
- Reduced hydraulic generation
- Decreased wind resource
- Increased heat stroke risk
Transition Risks
- Increased operational costs due to carbon taxes
Opportunities
- Increased demand for renewable energy infrastructure
- Increased demand for low-carbon transport infrastructure
- Increased demand for water treatment infrastructure
Reporting Standards
Frameworks Used: GRI Standards: comprehensive option, TCFD, EU Taxonomy
Certifications: ISO 14001, ISO 45001, ISO 37001, UNE 19601, ISO 9001, ISO 50001, ISO 27001, ISO 22000, EMAS, Bequal Plus
Third-party Assurance: KPMG Asesores S.L.
UN Sustainable Development Goals
- SDG 6
- SDG 7
- SDG 9
- SDG 11
- SDG 13
Initiatives contributing to these goals detailed in regional performance sections.
Sustainable Products & Innovation
- Renewable energy technologies
- Regenerative infrastructure solutions
- Water treatment technologies
Awards & Recognition
- Gold Sustainability Yearbook Award 2022 from S&P Global
- Finance for the Future Awards
- Terra Seal award
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Biodiversity
- Circular Economy
- Water
- Human Rights
- Diversity & Inclusion
- Governance
- Supply Chain
- Community Development
Environmental Achievements
- Reduced GHG emissions by 36% (Scopes 1 and 2) and by 8% (Scope 3) compared to 2017.
- 77% of waste produced was sent for recovery.
- 9% of renewed or recycled resources consumed.
- Reduced freshwater use in water-stressed areas by 12% compared to 2020.
- Planted 223,753 additional trees (2021-2022).
Social Achievements
- Launched ACCIONA’s Institute of Technology.
- Implemented International Mobility Programme.
- Accident frequency rate among employees and contractors dropped by 7.1% compared to 2021.
- Validated 94.2% of critical suppliers at own construction sites.
- Increased percentage of women in executive and management positions to 22.19%
- 11% reduction of the salary gap between men and women compared to 2020.
- 10% increase of workers with disabilities in Spain compared to 2020.
- 253 projects and services with Social Impact Management across 28 countries with 780 initiatives implemented.
Governance Achievements
- Approval of Cybersecurity Policy and creation of a Cybersecurity Committee.
- Changes and amendments to Corporate Policies, including Human Rights Policy, Circular Economy Policy, and Diversity-Inclusion Policy.
- 33.33% women on the Board of Directors.
- Obtained UNE 19601 standard for Tax Compliance.
Climate Goals & Targets
- Not disclosed
- Achieve Net Zero by 2040 for Scope 1 and 2 emissions and by 2050 for Scope 3 emissions.
- Achieve 16% consumption of resources from a renewable or recycled source.
- Reduce the use of surface water, groundwater and municipal water in water-stressed areas by 12% compared to 2020.
- Reduce GHG emissions in line with the 2030 SBT target of a 1.5ºC reduction and offset GHG emissions in its direct operations.
- Invest 90% of the CapEx in sustainable activities according to the EU taxonomy.
Environmental Challenges
- Meeting decarbonization targets.
- Increased expenses due to extreme weather events.
- Regulatory changes demanding lower GHG emissions.
- Decrease in electricity production due to less water runoff.
- Potential reputational risks due to failure to meet decarbonization targets.
Mitigation Strategies
- Allocating budget to emission reduction projects.
- Geographical diversification of construction work.
- Risk transfer to clients through contract clauses and insurance policies.
- Maximizing efficiency through LEAN assessments.
- Transition to hybrid/electric vehicles.
- Managing reservoirs with weather forecasting.
- Operational improvements in water treatment centers.
- Geographical diversification of energy activity.
Supply Chain Management
Supplier Audits: 171 (2022)
Responsible Procurement
- Responsible Supplier Statement
- Assessment and Certification Procedure
- Protocol for Audits on the Supply Chain
- Internal Control System for Social Safeguards
- Sustainable Procurement Guide
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Floods
- Reduced water runoff
- Reduced wind/sun for electricity production
Transition Risks
- Regulatory changes
- Carbon pricing
- Market shifts
Opportunities
- Increased demand for renewable technologies
- Increased demand for water treatment infrastructures
- Increased demand for low-carbon transport infrastructure
- Increased demand for shared electric mobility services
- Increased demand for energy services by industrial and municipal clients
Reporting Standards
Frameworks Used: GRI, TCFD, UNGC, ESRS, SBTi
Certifications: ISO 14001, ISO 45001, ISO 27001, ISO 9001, ISO 50001, ISO 39001, EMAS, LEED, WELL, Bequal
Third-party Assurance: KPMG Auditores, S.L.
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 9 (Industry, innovation and infrastructure)
- Goal 6 (Clean water and sanitation)
- Goal 3 (Good health and well-being)
- Goal 13 (Climate action)
- Goal 11 (Sustainable cities and communities)
- Goal 5 (Gender equality)
- Goal 15 (Life on land)
- Goal 12 (Responsible consumption and production)
ACCIONA's activities contribute to these SDGs through infrastructure development, renewable energy generation, water management, and social initiatives.
Sustainable Products & Innovation
- Renewable energy technologies
- Water treatment solutions
- Sustainable infrastructure solutions
- Shared electric mobility services
Awards & Recognition
- Top Employer certification
- Excellence in Road Safety Award
- Woman Builds 2021 award
- Organisation that inspires 2021 recognition
- Recognition Awards for Energy Transition 2022
- Peru Recognition for SDGs
- ITA Tunneling Awards
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Biodiversity
- Water Resources
- Circular Economy
- Human Rights
- Workforce Diversity & Inclusion
- Governance
Environmental Achievements
- 37% reduction in Scope 1 and 2 emissions compared to 2017 baseline
- 25% of resources consumed were of renewable or recycled origin
- 83% of waste generated was reused, recycled, or recovered
- 71% of total energy consumption came from renewable sources
- 13.6 million tonnes of CO2e emissions avoided through renewable energy production
Social Achievements
- Top Employer certification in multiple countries
- Increased employee engagement to 68%
- 528 people with disabilities hired through Fundación Inserta
- Global Graduate Program with 149 graduates from nine countries
- Implementation of various programs to promote women's leadership
Governance Achievements
- Establishment of the Audit and Sustainability Committee
- Approval of the 2022 Non-financial Information Statement by 99.95% of attending shareholders
- Implementation of ESG budget management reporting platform
Climate Goals & Targets
- Net positive natural capital
- Achieve Net Zero emissions by 2040 (Scopes 1 & 2)
- Achieve Net Zero emissions by 2050 (Scope 3)
- Align 90% of CapEx with EU Taxonomy by 2025
- Reduce water consumption by 12% in water-stressed areas by 2025 (compared to 2020)
- Reduce Scope 1 & 2 emissions by 60% by 2030 (compared to 2017)
- Reduce Scope 3 emissions by 47% by 2030 (compared to 2017)
Environmental Challenges
- Supply chain disruptions due to climate events
- Water scarcity in certain regions
- Maintaining compliance with evolving ESG regulations
- Addressing risks related to biodiversity and protected areas
Mitigation Strategies
- Developed alternative sourcing strategies
- Implemented technologies to improve water efficiency
- Developed ESG Risk Management System
- Adopted LEAP methodology for nature-related risks and opportunities
- Implemented an internal carbon price and Decarbonisation Fund
Supply Chain Management
Supplier Audits: 130 audits in 2023
Responsible Procurement
- Code of Conduct for suppliers
- Ethical Principles for Suppliers, Contractors and Partners
- SCRM (Supply Chain Risk and Opportunity Management) system
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
- Water scarcity
- Changes in wind and temperature patterns
Transition Risks
- Regulatory changes
- Market shifts
- Costs associated with low-emission technologies
Opportunities
- Increased demand for renewable energy technologies
- Demand for energy services
- Demand for electric vehicle charging points
- Development of renewable hydrogen
Reporting Standards
Frameworks Used: CSRD, GRI, TCFD, SBTi, UNGC, TNFD
Certifications: ISO 14001, ISO 45001, Top Employer, AENOR cybersecurity certification, BREEAM, WELL Building Standard, LEED
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 7 (Affordable and clean energy)
- SDG 6 (Clean water and sanitation)
- SDG 13 (Climate action)
- SDG 8 (Decent work and economic growth)
- SDG 9 (Industry, innovation, and infrastructure)
- SDG 11 (Sustainable cities and communities)
- SDG 12 (Responsible consumption and production)
- SDG 15 (Life on land)
The report details how ACCIONA's initiatives contribute to these SDGs.
Sustainable Products & Innovation
- Renewable energy technologies
- Electric vehicles
- Sustainable building materials
Awards & Recognition
- Global Water Intelligence 'Desalination Company of the Year'
- Energy Intelligence 'Top 100 Green Utilities'
- Corporate Startup Stars
- ICI Sustainable Construction Awards
- Various awards for health and safety initiatives
Reporting Period: 2024-01 to 2024-06
Environmental Metrics
ESG Focus Areas
- Climate Change
- Water
- Biodiversity
- Circularity
- Governance
- Supply Chain Sustainability
- Ethics and Anti-corruption
- Social Impact
- Employee Well-being
- Diversity & Inclusion
Environmental Achievements
- 99% of CAPEX aligned with European Taxonomy criteria.
- Renewable energy production increased by 8% compared to H1 2023.
- Avoided emissions of 7,225,201 tonnes of CO2.
- Water consumption decreased by 31% compared to H1 2023.
- Waste destined for landfill decreased by 49% compared to H1 2023.
- Waste recovery rate increased by 8% compared to H1 2023.
- Voluntary plantings increased by 70.35% to 94,502 trees.
Social Achievements
- Total workforce increased by 19.91% to 64,570 employees.
- Women in managerial and executive positions increased by 0.30 percentage points.
- Workforce with disabilities in Spain increased to 4.47%.
- Accident frequency rate decreased by -9.43% to 1.44.
- Implemented Health and Wellness Programme with campaigns on healthy nutrition and emotional balance.
- 10,904 volunteer hours contributed.
- 272 projects with Social Impact Management implemented.
Governance Achievements
- Board of Directors achieved >40% female representation (41.66%).
- 80% of gross corporate debt categorized as Green (62%) and Sustainability-linked (18%).
- 26 Corporate Instructions drafted to align with CSRD.
- Increased assurance of non-financial information to "Reasonable" level.
Climate Goals & Targets
- Net Zero emissions by 2050 (Scope 3)
- Net Zero Carbon status by 2040 (Scopes 1 and 2) and 2050 (Scope 3).
Environmental Challenges
- 12.5% increase in GHG emissions (Scope 1+2) compared to H1 2023, due to Nordex incorporation, growth in Construction and Water business lines, and desalination plant start-up in Hong Kong.
- Decrease in the percentage of renewable and recycled resources consumed (due to reduced land use in MacIntyre wind farm construction).
Mitigation Strategies
- Expected to remain within SBTi target by year-end.
- Decarbonisation Fund investing in emission reduction projects (18 initiatives selected with 20,000 tCO₂e reduction potential).
- Implementation of HVO in construction machinery in Australia (reducing Scope 1 emissions by >99%).
- Addressing used lithium batteries through reuse and responsible recycling.
Supply Chain Management
Supplier Audits: 89% of strategic suppliers audited (H1 2024)
Responsible Procurement
- Corporate Procedure for the Approval and Evaluation of Suppliers (PCCO01)
- ESG Supply Chain Risk Matrix
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, TCFD, CSRD, SBTi, EU Taxonomy
Third-party Assurance: KPMG Asesores S.L.
UN Sustainable Development Goals
- SDG 7: Affordable and Clean Energy
Sustainable Products & Innovation
- Vehicle to Grid (V2G) technology
- Floating Photovoltaic Hub membrane technology
- LIFE INDESAL project (water desalination optimization)
Awards & Recognition
- go!SDG Awards (V2G project)
- ASEPEYO Prize (healthy habits in the workplace)
- Award for "Best R&D Project to tackle drought" (LIFE INDESAL)
- Water Positive Impact Award (Lurra Bizkaia Sariak)
- Europe's Climate Leaders 2023
- New Energy Top 100 Green Utilities
- Diversity Leaders 2023
- Gaïa Rating
- EcoVadis Platinum medal