Climate Change Data

OPDE Group (Opdenergy Holding S.A. and its subsidiaries)

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Renewable Energy
  • Climate Change
  • Environmental and Social Risk Management
  • Sustainable Development Goals (SDG 7)

Environmental Achievements

  • 584 MW of gross renewable energy capacity in operation or under construction
  • Pipeline of projects estimated at more than 8 GW of additional generation capacity
  • Targeting to commence construction of over 1 GW of renewable energy capacity in Spain and USA during 2022
  • Implementation of Best Available Technologies strategy and measures to protect biodiversity
  • Best Environmental Practice campaign to promote sustainable resource use

Social Achievements

  • Environmental and social impact assessments carried out at early stages of all projects in conjunction with local stakeholders
  • Quality, Environment and Health and Safety Policy in place
  • Code of Ethics including human rights policy aligned with international standards
  • ISO 9001, ISO 14001, and ISO 45001 certifications

Governance Achievements

  • Internal process for evaluating and selecting projects led by Development Team, overseen by Executive Committee and Board of Directors
  • Clear management systems and disclosure around temporary use of proceeds
  • Annual reporting on allocation of proceeds until full allocation

Climate Goals & Targets

Environmental Challenges

  • Potential land use and biodiversity issues associated with large-scale infrastructure development
  • Potential health and safety issues during project construction
  • Potential effluents and waste
Mitigation Strategies
  • Environmental and social impact assessments for each project
  • Compliance with all applicable government laws and regulations
  • Best Available Technologies strategy
  • Measures to protect biodiversity
  • Quality, Environment and Health and Safety Policy
  • Code of Ethics

Supply Chain Management

Responsible Procurement
  • Internal technical accreditation process for purchases and services to ensure quality assurance and control, and environmental health and safety standards

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Green Bond Principles 2021, Green Loan Principles 2021, UN Sustainable Development Goals (SDG 7)

Certifications: ISO 9001, ISO 14001, ISO 45001

Third-party Assurance: Sustainalytics

UN Sustainable Development Goals

  • SDG 7

Investments in solar and wind power are expected to contribute to lowering emissions from the energy sector and supporting overall global climate goals.