Decarbonisation of the economy

As managers of global infrastructures, we are a key player in the ecological transition. With our subsidiary Red Eléctrica, we make possible the mass integration of renewables in the electricity system, and we create the infrastructures needed to achieve a carbon-neutral economy.

Our commitment for 2030 is to safely integrate 100% of the renewable energy available to the electricity system, and contribute to ensuring that 74% of the generation mix is renewable. Our role is as important on the road to ecological transition as that of the citizens themselves, who we empower to become active agents in our energy model.

The fight against global warming and its effect is a duty shared by the society, all administrations, and companies. For our part, we are committed to reducing 55% of our scope 1 and 2 emissions, and 28% of scope 3 in 2030, compared with 2019.

To advance towards this goal, our Sustainability Plan 2023-2025 sets up internal actions and with third parties to reduce and compensate our greenhouse gas emissions. We will do this by imposing energy efficiency measures, improving processes, and developing solutions to lower our impact.

We are committed to having 100% sustainable financing for 2030. Since we became the first company in the utilities sector to transform our syndicated loan of 800 million euros to green financing, we have not stopped looking for sustainable vehicles to finance our projects, such as our Green Financing Framework and its conformity to the European Union Standards, under which 82% of our business is environmentally sustainable.