The Diplomat
The Spanish company Iberdrola has been included, for yet another year, in the prestigious international FTSE4Good index, which measures companies’ compliance with ESG (environment, sustainability and governance) criteria.
According to Iberdrola, the company has managed to meet the requirements imposed by the committee in charge of deciding the members of this index, whose composition uses an increasingly demanding methodology that includes 204 indicators, including respect for the environment, social commitment and good corporate governance.
“Inclusion in the FTSE4Good index ratifies Iberdrola’s good performance in terms of labor standards, human rights, health and safety, biodiversity, climate change, water and customer responsibility and social aspects of the supply chain,” the company said in a statement at the end of August. The company has also complied with the organization’s requirements in terms of corporate governance, risk management, anti-corruption mechanisms and transparency in taxation.
“It is worth noting that Iberdrola is the only European electricity company that has been included in all 20 editions of the Dow Jones Sustainability Index, a clear sign of its firm commitment to sustainability and recognition of its strategy, which knows how to respond to the main economic, environmental and social challenges of international energy policy,” said the group chaired by Ignacio Galán.
Iberdrola’s presence in the main international sustainability indexes, including MSCI, Sustainalytics, ISS-oekom, Bloomberg GEI, Euronext Vigeo Eiris indexes, Global100, EcoVadis, etc., adds to this.
“Iberdrola has incorporated the Sustainable Development Goals (SDGs), defined by the United Nations for the 2030 horizon, into its business strategy and sustainability policy, and is a benchmark for its direct contribution to global goals, highlighting its contributions in the field of energy and climate change,” the company stated. “With its renewal in the FTSE4Good index, its commitment to this 2030 Agenda is once again made clear,” it concluded.
