Fondo_hero-Sostenibilidad

Sustainability

Our strategy

Our ESG Roadmap 2023 is our strategic plan to promote the sustainability of the company in five areas. It is built upon the results of an internal diagnostic exercise and a materiality analysis carried out by the company in 2020.

Our Sustainability Policy, approved by the Board of Directors, is fully aligned with the ESG Roadmap and with the action plans defined for each of the strategic areas.

We are leaders in ESG Risk Management

Sustainalytics' ESG Rating report ranks Grenergy as the third highest rated renewable globally.

Sustainability report 2020

189

meetings with the local communities

0

projects in areas protected by national or international legislation

192

employees, our company grows 36%

1.600

training hours for employees

1.300

workers for the construction of our projects

Sustainable Development
Goals

This is the decade of action and the shared ability to achieve the extraordinary. We integrate the Sustainable Development Goals of the United Nations into our sustainability strategy, with emphasis on selected priority goals where our contribution can be most significant.

SDG 5 SDG 7 SDG 8 SDG 13 SDG 15 SDG 5
SDG 5
SDG 5

Gender Equality

Our contribution

Achieve gender equality and empower all women and girls.

  • 50% women on the Board of Directors.
  • Approved bias-free staff selection procedure.
  • Top management commitment to gender equality.
  • Protocol for the prevention and fight against sexual and workplace harassment approved by the Board.
SDG 5 SDG 7 SDG 8 SDG 13 SDG 15 SDG 7
SDG 7
SDG 7

Affordable and clean energy

Our contribution

Ensure access to affordable, reliable, sustainable and modern energy for all.

  • Our formal commitment with the town of Quillagua for electrification.
  • 198 MW Installed power in owned and operated renewable energy projects across four countries with 680.000 MWh annual capacity
  • Target of 600 MW of renewable energy in 2021 and 2,500 MW in 2023
SDG 5 SDG 7 SDG 8 SDG 13 SDG 15 SDG 8
SDG 8
SDG 8

Decent work and economic growth

Our contribution

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

  • Great Place to Work certification obtained
  • 1 minor accident in the workforce in 2020
  • More than 500 hours of H&S training for employees and subcontractors
  • support the local community of Quillagua (Chile) to promote local tourism and protect their cultural heritage
  • More than € 250,000 donation aimed at protecting the local community against COVID-19 in 2020
SDG 5 SDG 7 SDG 8 SDG 13 SDG 15 SDG 13
SDG 13
SDG 13

Climate Action

Our contribution

Take urgent action to combat climate change and its impacts.

  • 253,351 tCO2e avoided every year by own projects.
  • 2 students from the local community sponsored for renewable energy related degrees.
  • Carbon footprint measured and reduction targets set.
  • € 96.7M in green financing for our projects in 2020.
SDG 5 SDG 7 SDG 8 SDG 13 SDG 15 SDG 15
SDG 15
SDG 15

Life on land

Our contribution

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss.

  • None of our projects are located in areas protected by local or international regulation
  • Only 1 endangered species (IUCN) registered in the area of our projects under construction in 2020
  • More than € 600,000 invested in environmental protection measures
  • Various fauna rescue and release programs to ensure species conservation
  • No fines for environmental breaches or red flags

Corporate Governance

Grenergy Sustainability Committee ensures the implementation of the
ESG Roadmap 2023
and periodically reports on its progress to the Board level Committees.

  • 50%

    women in the Board of Directors

  • 50%

    independent directors in the Board

  • 100%

    management with variable compensation linked to ESG targets

Governance

Learn about governance bodies, Executive Committee, Board level Committees and Board of Directors.

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Reports

Access our corporate governance, remuneration and sustainability reports.

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Corporate rules

Access our bylaws, regulations, ethical codes and corporate policies.

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Environment

Sustainability permeates all our decisions with a primary focus is on environmental protection, promoting the biodiversity and helping to fight climate change.

Social development

Taking care of the people who make up our team and creating a positive local impact in the communities close to our projects as well as in the supply chains are priority aspects of our Sustainability Policy.

Communities

We make of each project a shared success with our local communities.

Our team

The people who work at Grenergy think it is a great place to work.

Human Rights

Our commitment to respecting the dignity and rights of individuals is reflected in our due diligence system.