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

We are a Top ESG performer 2022 out of more than 4.000 companies covered by Sustainalytics global universe, a distinction awarded to strong outperformers in their respective industries

Sustainability report 2021

800

attendees to meetings with the local communities

0

projects in areas protected by national or international legislation

245

employees, our company grows 28%

2.890

training hours for employees

2.220

workers for the construction of our projects

(*) Indicators coverage at the report include all business operations

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 in 2021

Achieve gender equality and empower all women and girls.

  • 50% women on the Board of Directors.
  • 43% women in top management.
  • Grenergy included the BME´s IBEX Gender Equality Index for female representation in senior management and board level positions.
  • Gender Equality Roadmap established.
  • Women’s participation in project construction works promoted in collaboration with local institutions.
SDG 5 SDG 7 SDG 8 SDG 13 SDG 15 SDG 7
SDG 7
SDG 7

Affordable and clean energy

Our contribution in 2021

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

  • Fulfillment of our commitmment for the construction and connection of a solar plant to supply renewable electricity to the local community of Quillagua without connection to the grid, Chile.
  • 181.204 tCO2 emissions avoided.
  • 1 GW of renewable energy projects under construction and in operation.
  • 100% alignment with the European Taxonomy on climate change mitigation.
  • Project to improve the energy efficiency of street lighting in the local community of Escuderos project in Spain.
SDG 5 SDG 7 SDG 8 SDG 13 SDG 15 SDG 8
SDG 8
SDG 8

Decent work and economic growth

Our contribution in 2021

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

  • Great Place to Work certification for the 2nd consecutive year.
  • Job creation for 2,200 workers in construction and operation of our projects.
  • 781 H&S training hours for employees.
  • 0 accidents among employees.
  • 0 major or fatal accidents among employees or subcontractors.
  • Over 20,000 H&S training hours for subcontractors´ employees.
  • Local tourism promoted through training to local service providers, video recording, design of a website and social media set up in Quillagua, Chile.
SDG 5 SDG 7 SDG 8 SDG 13 SDG 15 SDG 13
SDG 13
SDG 13

Climate Action

Our contribution in 2021

Take urgent action to combat climate change and its impacts.

  • Carbon footprint measured and verified by independent third party in accordance with ISO 14064.
  • €100 million in green finance.
  • 55% absolute target set for emissions reduction by 2030.
  • Educational and environmental awareness-raising activities involving more than 1,900 kids and youth organised.
  • College scholarship for renewable energy degrees awarded to local member of community in Kosten.
SDG 5 SDG 7 SDG 8 SDG 13 SDG 15 SDG 15
SDG 15
SDG 15

Life on land

Our contribution in 2021

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

  • Identification of a wetland restoration project in collaboration WWF Spain.
  • None of our projects are located in areas protected by local or international regulation.
  • 0 fines for environmental violations.
  • 11.3 M€ of annual environmental investment.
  • 35 hectares reforested globally.
  • 36 hectares of steppe habitat improved (Spain).
  • Various hábitat improvement and vulnerable species protection projects globally.
  • Only 1 endangered species (IUCN) identified in our projects in construction and operation globally.%8$s

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.