2023 Report

Environmental results

2023 was a milestone in global climatology, with the highest average temperatures since records have been kept. Slowing the rise in temperatures with potentially catastrophic consequences, is essential to reversing the situation.

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Renewable energies, green hydrogen, energy storage, energy efficiency, and electric mobility are essential to face the challenge of climate change and its devastating effects.

At ACCIONA Energía we seek a positive impact on the planet through business models based on decarbonization, the conservation of ecosystems, and the circular use of resources.

DECARBONIZATION STRATEGY

Our climate strategy

We have a decarbonization plan for our activities and supply chain.

1

Monitoring targets

We monitor compliance with decarbonization targets through the Carbon Budget

2

Calculating Weighted Average Carbon Intensity

We calculate the carbon intensity related to income

3

Internal carbon price

We implement an internal carbon price to finance the most efficient decarbonization projects

4

Incentive system

We implemented a system of incentives linked to decarbonization objectives

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100%

alignment of our CapEx with the European Taxonomy

EMISSION REDUCTION

The decarbonization path

ACCIONA Energía aims to reduce Scope 1 and 2 emissions by 60% by 2030 and achieve Net Zero status by 2040.

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13.6MtCO2e

emissions avoided

+3% vs. 2022

Sustainability Report

Learn more about our climate strategy

Download report