ACCIONA seeks to enhance the transformative effect of its projects, maximizing the impact they generate, in terms of on the local area, return on investment and acceleration of sustainable development. To this end, it seeks to develop analysis and diagnostic tools that can identify regenerative and sustainable development opportunities, and designs solutions that improve the living conditions of the population and/or the environment surrounding the company’s area of activity.
Integrate to transform
ALIGNED WITH SUSTAINABLE TRANSFORMATION
The company aims to demonstrate the sustainable difference of every activity it undertakes. The company's different divisions work together to design and deliver solutions and infrastructure to its customers that maximize and significantly enhance the achievement of the SDGs
HIGHLIGHTS 2021
- Improved socio-economic impact analysis of 68 projects.
- Launch of the High Impact Solutions programs on Line 6 of the São Paulo Metro.
- 61% increase in the number of projects with Social Impact Management.
- More than 12.2 million euros and 2 million people benefiting from social initiatives.
- 3.3 billion in pioneering ESG "double-impact" financing.
- Awarded the Gold Sustainability Yearbook Award 2022 by S&P Global.
KEY CHALLENGES 2022
- Implement the ESG project assessment process in all business lines.
- Obtain results in the four lines of work of the São Paulo Metro High Impact Solution.
- Renew the Social Impact Management process: GIS+..
- Create a regenerative playbook to promote employee awareness of the regenerative component.
- Involve employees in the creation of local trust ecosystems through project volunteering.
- Developing a competitive advantage through sustainable financing or adjacent projects funded by multilateral entities.
SUSTAINABLE DIFFERENCE IN EACH PROJECT
Infrastructure development is directly or indirectly linked to the achievement of the Sustainable Development Goals targets. To enhance the transformative effect of its projects, ACCIONA has designed High Impact Solutions, an approach that helps channel the necessary investment towards projects that promote the global sustainable agenda.
ACCIONA assesses the potential for including this type of solution in a project and carries out a diagnosis of socio-environmental gaps in the area surrounding the project in order to define solutions that generate a positive impact..
High-impact solution in São Paulo Metro
The São Paulo Metro Line 6 concession is the largest public-private infrastructure project under development in Latin America and the biggest project in ACCIONA's history. It is estimated that:
9.000
jobs created
-100.000
tons of CO2 per year
600.000
more daily travelers connected
01
Empowerment of the local population
02
Promoting employment and entrepreneurship
03
Implementation of sustainable mobility solutions
04
Promoting gender mainstreaming in the project
LOCAL ECOSYSTEMS
Our goal is to develop an ecosystem of organizations capable of increasing the potential for regenerative transformation. Discussions will be held with third parties to establish work programs, initiatives and collaborative projects to increase the company's capacity to develop regenerative solutions, with the aim of accelerating the achievement of the Sustainable Development Goals.
Social impact management
ACCIONA assesses the potential for including this type of solution in a project and carries out a diagnosis of socio-environmental gaps in the area surrounding the project in order to define solutions that generate a positive impact..
The São Paulo Metro Line 6 concession is the largest public-private infrastructure project under development in Latin America and the biggest project in ACCIONA's history. It is estimated that:
- The establishment of harmonious relations with the community.
- Contribution to the professional development of the population.
- Implementation of diversity and gender equality programs.
- Definition of fixed percentages for the contracting of local staff and suppliers.
- Guarantee of a living wage.
GIS methodology phases and implementation status (% of total GIS projects)
Social actions in Hospital Marga Marga (Chile)
- Construction of the nursery school building using 100% female labor, through training in the trades of masonry, carpentry and plastering.
- Mujer Construye 2021 Award
- Technical support in the design of projects of interest to the community and the search for external funding.
- Training of 80 leaders of social organizations in project formulation techniques.
- Training 40 families in the rural sector of Colliguay in the installation and maintenance of solar panels, facilitating access to electricity for the local population.
Community engagement
Social Contribution to the SUSTAINABLE DEVELOPMENT GOALS 2021
OUR FOUNDATION: ACCIONA.ORG
acciona.org is the company's corporate foundation which, under the slogan The Energy & Water Foundation, aims to cooperate in the development sector by promoting access to energy, water and infrastructure for people and communities with no expectation that these needs will be met. Through this activity, we also contribute to the achievement of the Sustainable Development Goals (SDGs). 2021 was a year of great challenges for acciona.org, the foundation for energy and water, in which we embarked upon new initiatives and started working in new geographical areas.
IMPACTS OF ACCIONA.ORG IN 2021
Click on each country
SUSTAINABLE FINANCING
Maximizing the capacity of sustainable finance reinforces the value of the company and the competitive advantage of the regenerative power of its projects. For this reason, ACCIONA promotes innovative sustainable financing solutions that give these infrastructures distinctive and clearly beneficial features, while taking advantage of the interest of the capital markets in financing the gaps in meeting the Sustainable Development Goals.
| Type of financing | No. of live operations | No. of new operations or expansions in 2021 | Current outstanding amount (M€) |
|---|---|---|---|
| Funding intended for projects | 39 | 22 | 2,126.8 |
| Corporate funding with sustainable commitments | 2 | 2 | 3.300 |
| Total | 41 | 24 | 5,426.8 |
CLIMATE
ACCIONA promotes the adoption of ambitious global objectives regarding the decarbonization of the economy to integrate the management of climate change risks and opportunities into its model. This is reported in accordance with the European Commission's climate reporting guidance and the recommendations of the Financial Stability Board, through its Task Force on Climate-related Financial Disclosures (TCFD).
Climate acknowledgements
| Recognition | Organization | Position | Details |
|---|---|---|---|
| New Energy Top 100 Green Utilities | Energy Intelligence | World's No. 1 primary utility | World's "greenest" electricity generation company. |
| CDP Climate Change | CDP | Leader (A list) | List made up of the corporations with the best practices and results in reducing emissions, tackling climate change and aligning their activities with a low-carbon economy. |
| 2022 Global 100 Most Sustainable Corporations | Corporate Knights | 4th utility in the world | Among 7,000 companies evaluated with turnover over US$ 1 billion, by performance on economic and ESG indicators. |