2023 Report

Environmental results

2023 marked a climatic milestone with record temperatures and unprecedented extreme events that highlighted the scientific warnings about the consequences of climate change. Now more than ever, it is essential to reverse the situation by promoting new more sustainable development models.

Image river
Image of Acciona windmill

At ACCIONA, we aim to turn infrastructure into catalysts for global progress, a key tool for driving the planet’s regeneration.

With the Business as Unusual approach, the Company focuses on projects that can provide tangible solutions such as decarbonization of the economy and climate change mitigation, as well as adaptation to it.

Our climate strategy

Three commitments and strategic initiatives

We ensure that our strategy and business model are compatible with limiting global warming to 1.5ºC and contribute significantly to having a positive impact on the planet.

1

Investment strategy

We align the investment strategy in mitigation and adaptation activities to climate change (<90% annual CapEx).

2

Emission reduction

We comply with emission reduction targets in line with SBTi to not raise global temperature above 1.5ºC.

3

Presence in climate action

We are present in climate action forums. We advocate for climate change as an emergency that must be addressed urgently.

Image of roads for driving

99%

alignment of CapEx with the Taxonomy

+1% vs. 2022

Path to decarbonization

At ACCIONA, we aim to reduce Scope 1 and 2 emissions by 60% by 2030 and reach by 2040 Net Zero.

A path to decarbonization on which we have been progressing positively since 2017 with a 37% reduction in emissions and is a central element of our strategy, considering it a way to improve operational efficiency.

13.6 mtCO2e

emissions avoided

+3 % vs. 2022

Image of solar panels

SUSTAINABILITY REPORT

Learn more about our climate strategy

Find out more