ACCIONA was present in the main meetings of the private-sector forums to drive effective measures against climate change. When the Paris Agreement was adopted, ACCIONA made the commitment to become a carbon-neutral company — it achieved this goal in 2016. In line with the decarbonisation roadmap for the economy that was set out in the Paris Agreement, the company established science-based emission reduction goals vetted by the Science Based Targets Initiative (SBTI), specifically a 16% reduction in greenhouse gas emissions by 2030 , 2017 baseline.
Apart from political ambition and commitment, ACCIONA considers vital that non-governmental agencies become implicated in decarbonising the economy. Companies, NGOs and other civil society players must take on an active role in combating climate change.
Through the Alliance of CEO Climate Leaders, under the auspices of the World Economic Forum, ACCIONA signed three leading private-sector petitions for COP24: implementation of effective carbon pricing mechanisms worldwide; allocation of funding and investment to low carbon activities; and development of political tools to promote citizen education and demand for low carbon solutions.
The companies in the Alliance of CEO Climate Leaders, which have cut their CO2 emissions by 9% since 2015, are anchoring their climate goals to scientific criteria and are extending them to their supply chain, having defined rules for transparency with regard to climate risks in their reports.
ACCIONA also contributed to drafting Ambition Loop a joint report by the Global Compact, We Mean Business and the World Resources Institute whose goal is to provide inspiration for the design of decarbonisation measures. The report presents examples of achievements in such industries as power and transportation, as well as in combating deforestation.
ACCIONA urges companies to adopt its carbon neutrality model.
By participating in COP23, ACCIONA is encouraging companies to adopt its carbon neutrality model, as well as promoting the creation of a disuasory pricing system for CO2 emission rights, and a single transparent standard for all countries to measure pollutant emissions
At the 23rd Conference of the Parties to the United Nations Framework Convention on Climate Change, which is being held in Bonn (Germany), ACCIONA has urged companies to make a determined shift towards decarbonising their production models. "By participating in this summit, ACCIONA encourages other companies to adopt its carbon-neutral approach," said Joaquín Mollinedo, General Manager of Institutional Relations, Sustainability and Brand at ACCIONA. "In the working groups and high-level meetings in which the company is participating, we are also promoting a CO2 pricing system that serves as an incentive to decarbonise the economy."
ACCIONA presented its approach to reducing and offsetting emissions, which has enabled it to achieve carbon neutrality since 2016. The company also detailed how the effort to minimise emissions and offset those inherent in its activity has served as a lever to improve its business and drive innovation.
ACCIONA also insisted on the importance of the Bonn Summit making progress towards standard, transparent procedures for measuring and assessing the degree of compliance with the commitments acquired under the Paris Agreement, which was adopted at COP21 in Paris in 2015.
ACCIONA also reiterated its support for creating market mechanisms that facilitate the decarbonisation of the economy, especially carbon pricing, in line with decisions already made by the European institutions.
During "Transport Day", organised as part of COP23, the Prince of Wales's Corporate Leaders Group, of which ACCIONA has been a member since 2009, released a report entitled "Electric avenue: The future of road transport in Europe", in which the company describes some best practices in the area of sustainable highways.
The fight against climate change is a strategic priority for ACCIONA. Hence its prominent presence in the last two Climate Summits, in Paris (COP 21) and Marrakech (COP22).
The 22nd session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP22) took place in Marrakech from 7 to 18 November 2016.
The 21nd session of the Conference of the Parties to the United Nations Framework Convention on Climate Change( COP21) will take took place in Paris in december 2015.