ACCIONA participates in the initiative as a Participant member and adhered to it in 2005.
The mission of Global Compact is to promote business sustainability through the implementation of 10 Universal Principles on Human Rights and Business, Labor Standards, the Environment and the Fight against Corruption, in the strategy of the organizations and to favor, in this way, the achievement of the Sustainable Development Goals (SDG).
The secondment of Global Compact is voluntary and those entities who sign it pledge to uphold and disseminate the Principles, and report on their progress once they apply them in their management. ACCIONA reports on its progress in the Progress Report presented each year by the company's president, José Manuel Entrecanales.
ACCIONA also backs the initiatives and projects promoted by the Global Compact:
At the end of 2010, ACCIONA was selected by Global Compact to be part of Global Compact LEAD, a business platform designed to promote sustainability worldwide. Member companies of this initiative have committed to follow the Blueprint for Corporate Sustainability Leadership in their activities. This is a complete roadmap which includes specific measures to be taken by companies to improve their sustainability. In January 2011 this initiative was officially launched by the UN Secretary General, Ban Kimoon at the World Economic Forum in Davos (Switzerland). Since early 2014, ACCIONA has also been a member of the Advisory Group of the Global Compact LEAD.
In September 2015, at the United Nations headquarters, ACCIONA attended the Sustainable Development Summit to formally adopt the Sustainable Development Goals (SDGs). Unlike the previous Millennium Development Goals, the new goals are more focused on sustainability and give the private sector a more prominent role. The essence of four of the goals adopted –water, renewable energies, resilient infrastructures and climate change– form the foundations for the Company’s business model.
This initiative is aimed at uniting the efforts of governments, the private sector and civil society to achieve by 2030 universal access to modern energy services, a 40% improvement in energy efficiency and 30% worldwide energy production through renewable resources.
ACCIONA and more than 500 representatives of governments, civil society, private sector and international organizations throughout Latin America and the Caribbean met in October 2014 in Santiago de Chile to launch, the United Nations initiative, the Decade of Sustainable Energy for All (2014-2024)
ACCIONA is part of this joint platform of the Global Compact and the United Nations United Nations Environment Programme (UNEP), which was created to enhance the role of business in the global strategy against climate change and educate governments and public institutions to mitigate it.
Caring for Climate, comprising more than 400 companies from 65 countries, played a particularly important role in the UN Climate Change Summit (COP 16) held in Cancun in December 2010.
In October 2010, ACCIONA was appointed to the Steering Committee of Caring for Climate. This advisory body is made up of executives from 11 companies from various economic sectors and geographic areas, and its mission is to promote the strategic, operational and financial initiatives for this platform.