RENEWABLE ENERGY

ACCIONA Energía receives top ESG score in power sector by S&P
21 de July de 2022

ACCIONA Energía has received the global power industry’s top environmental, social, and corporate governance (ESG) score in a cross-sector evaluation by S&P Global Ratings for the second year in a row. The company has increased its score from 86 to 87 out of 100, and it maintains its position as an industry leader.

S&P Global Ratings’ ESG Evaluation is an in-depth, forward-looking assessment of a company’s preparedness to meet future risks and opportunities linked to ESG factors, such as climate change, regulatory risk and reputational issues. S&P Global Ratings said that ACCIONA Energía’s ESG score is the result of its successful track record in innovation and research collaboration in green technologies that position the company “at the forefront of the low-carbon transition”.

According to S&P Global Ratings, the ESG evaluation of 87 out of 100 reflects ACCIONA Energía’s position as the largest 100% clean energy company in the world, its stronger-than-peers environmental and social performance, as well as its preparedness to execute its long-term strategy and capitalize on opportunities stemming from the low-carbon economy.

S&P Global Ratings highlights the consistency of ACCIONA Energía’s commitment to fight climate change, which begins with the decarbonization of its customers’ electricity supply, extends to its own operations, and, also, encompasses emission reductions in its supply chain, being on track to achieve its scope 3 reduction target of 47% by 2030.

The ratings agency also emphasizes the company’s comprehensive biodiversity protection policy, its circular economy principles such as its goals of using no virgin materials and lengthening the average life of its wind assets, its land and water resources management, and its internal carbon price application to reduce emissions along the value chain. Within the environmental profile evaluation, S&P also praised the company for “applying life cycle analysis to 100% of its projects in the engineering phase”.

S&P Global Ratings assessed ACCIONA Energía’s social performance, noting that the company “stands out from its power generation peers, which can be exposed to aging workforce risk, in that it attracts talent of all ages”, and it has moderately higher gender diversity (28% versus a sector median of 23%).

The ratings agency also highlighted the company’s engagement with local communities and support to community development, in line with advanced industry practices. ACCIONA Energía was also cherished for its flawless customer satisfaction track-record of 99%, thanks to the reliability of its generation assets and strong focus on innovation and sustainable technological solutions, such as the use of blockchain technology to trace the renewable origin of electricity supplied to customers.

GOVERNANCE PROFILE

Regarding the governance profile, S&P positively valued ACCIONA Energía’s board of directors for being very diverse in terms of “gender, background, and skills” and for “providing continuity with parent ACCIONA S.A.”. It was highlighted that women make up 45% of directors in the company, well above Spain’s average of 25% and above the Spanish corporate governance recommendations of 40% for 2022 for listed companies. The “robust values framework” of ACCIONA Energía’s policy book and its “comprehensive financial and nonfinancial disclosures” were also stressed.

Concerning the company’s preparedness for future ESG risks and opportunities, S&P Global Ratings remarked ACCIONA Energía’s diversified asset portfolio in Europe, the Americas, and Australia, which makes it more resilient, and it appointed that the utility “demonstrates excellent awareness of potential future disruptions and takes a proactive approach to capitalizing on low carbon growth opportunities”.

In addition to S&P Global Ratings’ top ESG industry score, ACCIONA Energía has since 2015 led the rankings of the “Top 100 Green Utilities” compiled by Energy Intelligence, a US consulting firm that rates hundreds of power companies according to their carbon intensity and installed renewable energy capacity.

DATA PROTECTION INFORMATION

In compliance with Regulation (EU) 2016/679 on Data Protection and with other Data Protection regulations in force, you are hereby informed that your personal data shall be processed by Corporación Acciona Energías Renovables, S.A., whose identification data are as follows: Tax ID No. (NIF): A-85483311, Address: Avenida de Europa, 18, Parque Empresarial La Moraleja, Alcobendas (Madrid), Tel.+34 91 657 64 61. Your data shall be processed in order to address and manage your queries, requests, claims and suggestions, as well as send information, regarding our products and services through electronic means (all of these, hereinafter the “Request”).

The consent given by the data subject by indicating that they have read and accept this data protection information comprises the lawfulness of processing, and if a contract had been entered into with the interested party, legitimation shall be for the compliance of legal obligations derived from the aforementioned contract and for the enforcement thereof. We will only process the essential data that you provide in your application, such as your identification data (name, surname, language, contact details) and data related to the business area of your interest. The data shall be stored only for the time to attend and answer your Request, and in any case, never for more than twelve months.

In case your Request is related to other ACCIONA solutions or businesses, we may communicate your personal data to another entity of the Group (you can consult a list of ACCIONA Group companies at www.acciona.com/shareholders-investors/financial-information/annual-accounts/), in order to be able to deal with your Request in a more efficient way. We also may give access to your data to service providers (such as technology service providers) who assist us in fulfilling this purpose. Some of its service providers, may be located outside of the European Economic Area in territories that do not offer a level of data protection that is comparable to that of the European Union. In such cases, we transfer User data with appropriate safeguards and always ensuring the security of the same. By accepting the privacy terms, you consent to your data being transferred internationally in order for your Request to be properly processed.

The data subject can exercise their rights of access to or rectification, erasure or portability of their data, and/or the restriction of or objection to the processing of such data, by contacting to Corporación Acciona Energías Renovables, S.L., by writing the Department of Data Protection located at Avenida de Europa, 10, Parque Empresarial La Moraleja, 28108, in Alcobendas, Madrid, or by sending  the form available at:

FORM

If we consider it necessary in order to be able to identify you, we may ask you for a copy of an identity document. Furthermore, at any time the data subject may withdraw the granted consent by contacting the aforementioned address and file a claim to the Supervisory Authority (Agencia Española de Protección de Datos www.aepd.es).

For any further information you can visit the Privacy Police on the website.

 

DATA PROTECTION INFORMATION

In compliance with Regulation (EU) 2016/679 on Data Protection and with other Data Protection regulations in force, you are hereby informed that your personal data shall be processed by Corporación Acciona Energías Renovables, S.A., whose identification data are as follows: Tax ID No. (NIF): A-85483311, Address: Avenida de Europa, 18, Parque Empresarial La Moraleja, Alcobendas (Madrid), Tel.+34 91 657 64 61. Your data shall be processed in order to address and manage your queries, requests, claims and suggestions, as well as send information, regarding our products and services through electronic means (all of these, hereinafter the “Request”).

The consent given by the data subject by indicating that they have read and accept this data protection information comprises the lawfulness of processing, and if a contract had been entered into with the interested party, legitimation shall be for the compliance of legal obligations derived from the aforementioned contract and for the enforcement thereof. We will only process the essential data that you provide in your application, such as your identification data (name, surname, language, contact details) and data related to the business area of your interest. The data shall be stored only for the time to attend and answer your Request, and in any case, never for more than twelve months.

In case your Request is related to other ACCIONA solutions or businesses, we may communicate your personal data to another entity of the Group (you can consult a list of ACCIONA Group companies at www.acciona.com/shareholders-investors/financial-information/annual-accounts/), in order to be able to deal with your Request in a more efficient way. We also may give access to your data to service providers (such as technology service providers) who assist us in fulfilling this purpose. Some of its service providers, may be located outside of the European Economic Area in territories that do not offer a level of data protection that is comparable to that of the European Union. In such cases, we transfer User data with appropriate safeguards and always ensuring the security of the same. By accepting the privacy terms, you consent to your data being transferred internationally in order for your Request to be properly processed.

The data subject can exercise their rights of access to or rectification, erasure or portability of their data, and/or the restriction of or objection to the processing of such data, by contacting to Corporación Acciona Energías Renovables, S.L., by writing the Department of Data Protection located at Avenida de Europa, 10, Parque Empresarial La Moraleja, 28108, in Alcobendas, Madrid, or by sending  the form available at

Access the Form

If we consider it necessary in order to be able to identify you, we may ask you for a copy of an identity document. Furthermore, at any time the data subject may withdraw the granted consent by contacting the aforementioned address and file a claim to the Supervisory Authority (Agencia Española de Protección de Datos www.aepd.es).

 

For any further information you can visit the Privacy Police on the website.