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    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

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    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

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    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

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    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    GE’s digital power transformers selected for multiple projects across the globe

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    New DNV GL class rules for floating offshore wind energy expands industry horizon

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    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

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    SeaMade secures €250m European loan for Belgian offshore wind farms

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    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

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    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    GE’s digital power transformers selected for multiple projects across the globe

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Iberdrola, named as one of the world’s 100 most sustainable companies

in Europe, News, Renewable Power
Iberdrola, named as one of the world’s 100 most sustainable companies

Iberdrola has been named as one of the world’s 100 most sustainable companies according to the Global 100 Most Sustainable Corporations in the World index published annually by Corporate Knights. The results of this 15th edition were announced this morning in Davos, as part of the World Economic Forum meeting which is held annually in this Swiss locality.

The main conclusion of this ranking is that “committing to a sustainable model produces the same or better returns for investors and improved longevity for companies” according to Corporate Knights. Proof of this is that in profitability terms the Global 100 Index performed better throughout 2018 than other indices such as the Ibex 35 or the Eurostoxx 50.

On this subject, Iberdrola’s director of Innovation, Sustainability and Quality, Agustín Delgado, has recalled how the model followed by the company is proof of the good results derived from commitment to long-term sustainable growth: “Following our commitment in 2001 to clean energy, smart grids and storage, we have gone from occupying the 20th place in the world ranking of electricity companies by market capitalisation to today becoming the 4th, and the 1st totally private one in Europe. Likewise, we have multiplied our asset base sixfold and tripled our net profit, which has allowed us to progressively increase our dividends, in line with results.”

The Global 100 Most Sustainable Corporations in the World ranking starts with an analysis of 7,500 companies with revenue in excess of one billion dollars, and is finally whittled down to 100 companies from 21 countries – mainly North American and Western European – in 30 areas of activity.

To produce the list, the organisation assesses aspects such as the relationship between revenue and tonnes of CO2 emitted and the percentage of women on the Board – 36% in Iberdrola’s case.

Also important is the ‘clean revenue’ aspect, introduced into the methodology last year which makes up 50% of the company score. This concept measures the percentage of revenue from products and services that have clearly-defined environmental or social benefits.

The inclusion in the Global 100 Most Sustainable Corporations in the World once more demonstrates the commitment of Iberdrola to the Sustainable Development Goals (SDGs) of the UN Agenda 2030.

The company focusses its efforts on the supply of affordable and clean energy (Goal 7) and on climate action (Goal 13) whilst also contributing directly to ensuring clean water and sanitation (Goal 6), increasing its investment in R&D&I activities (Goal 9), promoting respect for the life of terrestrial ecosystems (Goal 15) and working to establish partnerships to achieve the goals (Goal 17).

In addition to the Global 100 Index, Iberdrola is also part of other important sustainability indexes, such as the Dow Jones Sustainability Index (DJSI), the FTSE4 Good and the MSCI Global Sustainability Index Series.

About Iberdrola
Iberdrola is a global energy leader, the number one producer of wind power, and one of the world’s biggest electricity utilities by market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of over €31.263 billion and a net profit of €2.804 billion in 2017.

Iberdrola is leading the transition towards a sustainable energy model through investments in renewable energy, smart grids, large-scale energy storage and digital transformation, offering the most advanced products and services to its customers. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for sustainability.

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