Transparency implies being accountable about the aims and the progress made in the implementation of the initiatives included in the Sustainability Master Plan (SMP). This is one of the Company’s most relevant areas of work, given that it reveals to its stakeholders the compliance with its commitments in a measurable and quantifiable manner. The periodical review of the progress made by the Master Plan makes it possible to make the necessary adjustments and guarantee that the set goals are reached, respond to the expectations of the stakeholders and to the Company’s commitment to improving its performance in sustainability.
ACCIONA is accountable to its stakeholders in different ways:
Every year, in its Sustainability Report, ACCIONA offers detailed information regarding its performance in social, environmental, and corporate governance, reflecting the progress made in the compliance with its objectives within the framework of the SMP, as well as the challenges to overcome.
In 2015, for third consecutive year, ACCIONA drafted its Integrated Report in accordance with the framework of The International Integrated Reporting Council, (IIRC) published in its definitive version in December 2013. Following the principles of this guide, the objective has been to offer integrated and relevant information that helps present the Company with a cross-cutting, forward looking vision, focussing on the internal and external elements that make it possible to create and distribute value in the short-, medium- and long-term.
This report seeks to connect the economic-financial, social, environmental and governance information of ACCIONA, presenting the Company’s strategy, the value creation model that characterises it, the future trends which it wishes to answer, and the challenges and risks which it must face, as well as the context and the performance of each line of business.
As signatory to the United Nations Global Compact, ACCIONA drafts an annual Communication on Progress (COP), which explains the advances made in implementing the Ten Principles of the Global Compact regarding human and labor rights, the environment and anti-corruption issues.
For the second consecutive year, the Company qualified for the Global Compact Advanced Level, reporting a broad range of sustainability issues, based on different themes of the United Nations and the Global Compact (e.g. the Blueprint for Corporate Sustainability Leadership, the Guiding Principles on Business and Human Rights and the Anti-Corruption Reporting Guidance).
ACCIONA includes a sustainability appendix in its quarterly results reports. It discloses information on the Company’s presence in sustainability indices and highlights some significant events in sustainability issues in each period.
Economic, environmental and social performance is studied by a large number of specialist agencies; this leads to the existence of specific indexes and reports.
For the fourth consecutive year, the Company obtained the highest score in the CDP Supply Chain programme, which ratifies the position of ACCIONA's offering vis-à-vis public- and private-sector clients whose strategy includes sustainability under an all-encompassing vision that extends to the supply chain. Sustainability issues are growing in importance in public procurements, in which they are steadily becoming a requirement or attract a positive score.
In 2016, ACCIONA has been listed on the Dow Jones Sustainability Index (DJSI) Europe, which recognizes the best sustainability practices of European companies, and it has been ratified for the tenth successive year in the Dow Jones Sustainability World Index (DJSI World). This milestone acknowledges the company’s ability to constantly improve its sustainability polices and apply them to stay at the level of the world leaders.
The Company was rated "A" in the CDP Global Climate Change Report 2016 and CDP Climate Change Report 2016 Iberia Edition, and has been included in the CDP's A List. For the sixth year in a row, ACCIONA obtained the highest rating in its performance against climate change, entering The Climate A list 2016, in which just 193 companies out of more than 1.000 analysed globally are recognised for their efforts to reduce emissions and mitigate climate change.
ACCIONA achieved the highest rating and joins the CDP Water A list 2016, which contains only 24 companies out of the 2,500 worldwide that were surveyed, and it’s the only Spanish company — and one of only two utilities — in this prestigious list.
These results, focus on the Company's use of best practices in sustainable water management, rating aspects such as responsible water use, improvement goals, and the strategy and approach to managing water-related risks and opportunities.
ACCIONA is currently a component of the STOXX Global Climate Change Leaders Index. The STOXX Global Climate Change Leaders Index is the first ever index based on CDP's global Climate A list and includes low carbon leaders who are publicly committed to reducing their carbon footprint.