Working together for a green and digital economic recovery.
The utility of the future: leading the transition towards a sustainable energy model
Iberdrola is a leading global energy supplier – the third-largest by market capitalisation in the world and the leader in renewables – championing the energy transition towards a low-emissions economy. The group supplies energy to around 100 million people in dozens of countries and has renewable, grid and commercial activities in Europe (Spain, the UK, Portugal, France, Germany, Italy and Greece), the US, Brazil, Mexico and Australia, while counting markets including Japan, Ireland, Sweden and Poland among its growth platforms.
With a workforce of almost 40,000 and assets of over €122.5 billion, it recorded turnover in excess of €33 billion and net profit slightly exceeding €3.6 billion in 2020. The company contributes to the maintenance of 400,000 jobs in its supply chain, with an annual procurement budget of €14 billion. A leader in the fight against climate change, Iberdrola has committed more than €120 billion over the last two decades to building a sustainable energy model based on sound environmental, social and governance (ESG) principles.
We are one of the founding members. At Iberdrola we are convinced that multi-stakeholder alliances are key to achieving the SDGs. We believe that it is essential to share objectives and results in order to advance in achieving them.
This initiative arises to be able to work globally to promote the social and environmental dimensions of renewable energy and foster sustainability along the entire renewable energy value chain defining metrics, KPIs and standards for new design, business models, and end of life solutions. We visualize the need to create an independent alliance focused on supporting the entire sector: focusing on technical, environmental and social issues, detailing indicators aligned with the Sustainable Development Goals and Environmental Social & Governance goals.