Redeia once again enters the Dow Jones Sustainability Index Europe and achieves one of the highest scores in the S&P Global index

Redeia, a global operator of essential electricity and connectivity infrastructure, has once again entered the Dow Jones Sustainability Index Europe and reaffirmed its inclusion in the DJSI World. With a score of 85 out of 100, two points higher than in the previous edition, Redeia achieved one of the best scores among the 258 competing companies, positioning itself among the most sustainable companies in both the European and global ratings for the sector.

DJSI analysts awarded Redeia the maximum sector score (100 points) across four of the areas analysed: transparency and reporting, crisis and risk management, human rights, and privacy protection. Furthermore, they highly commended the company's performance in other aspects such as materiality, business ethics, political influence, energy, and biodiversity. 

“Redeia's positive evolution in the DJSI reflects the intensive work we are carrying out to achieve excellence in our environmental, social, and governance performance, with actions that go far beyond regulatory requirements,” stated the Corporate Director of Sustainability and Research, Eva Pagán. She added: “As agents of change, companies cannot limit themselves to merely reducing their negative impact on the environment. Instead, placing this at the very core of our business strategies, we must make a positive contribution to issues such as biodiversity recovery, the fight against climate change, and the reduction of social inequalities.”

In this regard, Pagán highlighted the company's progress in executing its 2023–2025 Sustainability Plan, with 63% of the targets already met as of 30 June. This plan includes 87 targets, such as reducing Scope 1 and 2 emissions by 30% compared to 2019, securing 60% sustainable financing, increasing the proportion of women in the management team to 38%, fitting 100% of the critical sections of Red Eléctrica's power lines with bird flight diverters, and fulfilling Redeia's commitment to vegetation protection and the fight against deforestation in 100% of its investment projects for new facilities.

She also took stock of the Comprehensive Impact Strategy launched by the company in 2023 to multiply its social and environmental contribution across all its operating locations and business areas in Spain and Latin America. Thanks to this strategy, Redeia is actively involved in solving challenges that range from the global to the local, such as the energy transition, biodiversity loss, and the fight against social inequality.

To date, Redeia has launched 146 impact initiatives, allocating €9.4 million to them. The bulk of these initiatives focus on rural areas. Notable among them are nearly 80 collaborations with small towns to improve their energy efficiency, reduce their carbon footprint, and increase their renewable energy consumption; the anti-depopulation platform Holapueblo – thanks to which 45 municipalities have already gained 167 new residents and 42 businesses have been launched – and the Eje Digital training project, which is improving the digital skills of people in rural municipalities in Galicia, Cantabria, Andalucía, Castilla-La Mancha, Castilla y León, and Canarias.

Other notable projects include the Bosque Marino platform for the restoration of marine ecosystems in the Mediterranean, along with the Kusi Warma initiative to combat poverty and child malnutrition in Peru, which has already supported 100 children and 70 families.

DJSI: a benchmark for socially responsible investors

The Dow Jones Sustainability Index, a variant of the New York Dow Jones stock market index, is made up of companies that demonstrate superior performance compared to their peers based on social, environmental, and economic criteria. This index has become a key benchmark for investors, who are increasingly interested in companies capable of creating value not only for their shareholders but also for society and the planet through sustainable business models.

Over 13,000 listed companies worldwide participated in this latest analysis conducted by S&P in its Corporate Sustainability Assessment (CSA), which evaluates not only the data but also the transparency of the information provided by companies through an exhaustive and rigorous questionnaire.