2023 Report

Governance results

We have a governance structure that promotes an ethical and honest corporate culture, ensuring exemplarity in carrying out our operations. Additionally, we have a regulatory and organizational framework with which we manage risks, financial opportunities and the environmental impacts of our operations, especially those related to climate.

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At ACCIONA, we are committed to integrity and responsible management. For this, good corporate governance is key to carrying out best practices and being a reference company within the framework of ESG criteria.

Corporate culture based on ethics

ACCIONA’s Compliance Model aims to foster a culture of ethics and compliance within the organization, establishing conduct parameters and mechanisms to detect, prevent, and, where necessary, mitigate potential risks, including criminal ones.

We have common tools that help us maintain and comply with this corporate culture, such as the Code of Conduct, Anti-Corruption Policies, Crime Prevention and Anti-Bribery Policy, Antitrust Policy, and our Ethics Channel.

Training and communication program

3,451

employees

trained in the Code of Conduct

1,254

employees

attended the Anti-Corruption Course

2,050

employees

attended the “The Right Way to Work” Course

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238

communications received through the Ethics Channel

103.4% vs. 2022

SUSTAINABILITY REPORT

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Sustainable supply chain

We ensure a sustainable and responsible supply chain, highlighting the importance of this management in mitigating risks and promoting ethical practices.

Our commitment positions suppliers as strategic partners essential in building a resilient and ethical business ecosystem. The sustainable purchasing strategy within the framework of the 2025 Sustainability Master Plan is based on three fundamental pillars:

1

ESG standards

Guaranteeing that suppliers duly comply with our minimum ESG standards.

2

Commitment to good governance

Promoting the sustainable and good governance commitment of the supply chain itself.

3

Regenerative alternatives

Constantly seeking regenerative alternatives focused on decarbonization.

Highlighted Figures

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27,344

suppliers

+7% vs. 2022

+€7.7bn

purchasing volume

+5.4% vs. 2022

92 %

suppliers

are from the country where the project is located

Supply chain control system

In 2023, the ESG variable was added as a criterion of criticality beyond the classic economic variable. Supply chain controls are fundamental to ensuring that the Company’s ESG criteria are met throughout its activity and are defined by levels of criticality, meaning they become more exhaustive as any type of risk increases: economic, country, activity, corporate responsibility, and sustainability.

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Thanks to the controls carried out and this management model, 97% of suppliers have a medium/low-risk level

Supplier risk level

Leaving a sustainable footprint on our supply chain

Supplier training is key to aligning ACCIONA’s values in the supply chain. In 2023, training materials were updated, including the Climate Change Course and the Prevention of Discrimination and Equality Course. Through PROCUR-e, two awareness campaigns were launched, achieving 54% more participation than in 2022.

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Responsible taxation

The global scope of the Company’s operations provides the opportunity to contribute to the development of public services and combat inequalities in different societies around the world.

ACCIONA’s commitment to responsible taxation is reflected in the Tax Policy that establishes the Group’s strategy. Additionally, we have developed a methodology to identify and assess the residual and inherent risk of tax risks.

€5m

capital grants

€5m

operating subsidie

0

jurisdictions

considered tax havens

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