ACCIONA HAS BEEN A CARBON NEUTRAL COMPANY SINCE 2016
In 2017 ACCIONA avoided the emission to the atmosphere of 14,4 million tonnes of CO2 thanks to generating energy solely from renewable sources.
ACCIONA assumes the mitigation of climate change as a strategic objective. In coherence, it compromises its investment capacity and assumes the carbon neutrality of its operations, promoting energy efficiency and offsetting its emissions through the purchase of CO₂ rights from renewable facilities in developing countries.
ACCIONA considers that fighting against the effects of global warming is a strategic priority, and therefore its activities are based on a portfolio of low-carbon businesses, that reduce or lessen the negative effects of climate change, reduce Greenhouse Gas (GHG) emissions, promote energy efficiency, answer the world demand for renewable energy, sustainable infrastructures, water and services, as well as developing and promoting innovating programs in its Businesses.
Risks associated with climate change
The management of risks associated with climate change is integrated into the environmental risk management strategy of the company and its businesses, and is carried out through the application of a methodology, which identify, value, prioritize and communicate to ACCIONA's decision-making bodies, the potential events in relation to climate change that could impact the group and its centers, so that action policies and tolerance thresholds which provide reasonable assurance to the achievement of objectives are established. The methodology used is used by the Intergovernmental Panel on Climate Change (IPCC).