We are committed to sustainable development

At Redeia, we have a Sustainability Commitment with specific goals for 2030 to consolidate a business model based on the creation of shared value.

To achieve them, we are rolling out our 2023-2025 Sustainability Plan, maximising our contribution to sustainable, fair and inclusive development, driving our responsible management and consolidating us a world-wide benchmark in sustainability.

Child on a hill with arms crossed looking at the horizon
Our commitment to 2030

We promote a business model capable of addressing the challenges of the future under the criteria of excellence, innovation and integrity, creating shared value. This is set out in our Sustainability Commitment 2030. This Commitment, which was approved by our Board of Directors in 2017, is based on the ten principles defined in the Sustainability Policy in four priorities and eleven goals.

At Redeia, sustainability is based on the principles of...

Principios de Sostenibilidad

Our goals for 2030
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Our current road map: 2023-25 Sustainability Plan

 

Our 2023-2025 Sustainability Plan defines 87 quantitative goals and 190 actions to achieve them. Our five subsidiaries contribute in a direct, cross-cutting way to this road map, which is aligned with our 21-25 Strategic Plan: Red Eléctrica, Reintel, Hispasat, Redinter and Elewit.

 

Main goals for 2025

Decarbonisation
Ecological transition

As a global infrastructures manager, we are a key player in the ecological transition. Through our subsidiary Red Eléctrica, we facilitate the massive integration of renewables in the electricity system and develop the infrastructures required to create a carbon-neutral economy.

Goals

Integrating more than 60% of renewable energy in the electricity generation mix.

Bringing the ecological transition closer to citizens through our REData and RedOS platforms.

Increasing access to the Datahub in compliance with the standard.

Climate Change

We implement internal and third-party actions to reduce and offset our greenhouse gas emissions. We will do so by implementing energy efficiency measures, improving our processes and developing solutions that reduce our impact.

Goals

Reducing our scope 1 and 2 emissions by 30% (compared to 2019).

Having at least two-thirds of our suppliers (in terms of emissions) with SBTi goals approved.

Offsetting 100% of our scope 1 emissions.

Sustainable financing

We are the first utility company to transform an 800-million Euro syndicated loan into green financing. We have continued to search for sustainable tools to finance our projects, such as our Financing Green Framework and its adaptation to the EU Taxonomy.

Objective

To reach 60% sustainable financing.