Commitment to society

Redeia focuses its socio-environmental commitment on the creation of shared value with society, promoting actions and investments aligned with its business objectives. At the same time, this commitment generates value for the Company while having a positive impact on the territory and its inhabitants. In turn, this represents a contribution of the Company to the achievement of various challenges such as those related to the United Nations’ Sustainable Development Goals and those addressed in the European 2030 Energy Strategy.

Our social programme mainly mainly includes actions aimed at the socio-economic development of the territory based on the reduction of inequalities; the conservation, protection and enhancement of the natural heritage of the municipalities; the dissemination of knowledge regarding how the electricity system works; and transparency in reporting.

Investment in the community in 2022

In 2022, the Company contributed 10,655,806 euros (1.6% of its net profit) to the development or promotion of social initiatives, according to LBG (London Benchmarking Group)

Reasons for action
Initiative aligned with the business 75.8%
Social investment 15.4%
One-off contribution 8.8%
Area of action of social initiatives
Socio-economic development 42%
Education 16%
The Environment 29%
Health 1%
Social well-being 5%
Art and culture 7%

Key indicators: Contribution to the community in recent years