Annual Report 2017

TRIPLE BOTTOM LINE

In our desire to measure the impact of our activities, we compile triple bottom line accounts, presenting the main indicators in the economic, environmental and social dimensions

Economic performance

34 % of our global sales and 67 % of EBITDA are based on Green Economy business, as defined by the United Nations Environment Programme (UNEP)

Environmental performance

We have been carbon neutral since 2016: offsetting 100% of emissions we generated but could not reduce.

Installed renewable energy capacity

MW

Emissions avoided

M t CO₂

Emissions generated

M t CO₂

Emissions ratio

t CO₂/sales K€

Water footprint: net positive contribution

hm³

WATER PURIFIED, PROCESSED AND DESALINATED”

hm³

Social performance

Our objective is to collaborate in improving the quality of life for people and the communities where we operate.

Average workforce at year end

Social Impact Management projects

Social contribution

M€

Pay gap between men and women

%

Volunteers

Local suppliers

%

Sustainable Development Goals

Our commitment to sustainability is reflected in our contribution to achieving the United Nations Sustainable Development Goals (SDGs).

Sustainability Master Plan 2020

ACCIONA's sustainability strategy is developed through the Sustainability Master Plan (SMP). Continuing on from the previous Plan, which covered the period 2010-2015, in 2016 the company defined a new sustainability strategy with 2020 as time horizon. The current Sustainability Master Plan 2020 (smp2020.acciona.com) is structured around strategic and operational objectives applicable to the entire organisation with specifications for the different business lines, within the following areas:

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Society

SOCIAL IMPACT MANAGEMENT, COMMITMENT AND DIALOGUE ACCIONA accepts the need to collaborate in order to improve people's quality of life, particularly contributing to society via social management and dialogue in its projects.

Climate change

CARBON NEUTRAL ACCIONA has taken climate change mitigation as a strategic objective. To this end, it commits its investment capacity and strives to achieve carbon neutrality in its operations through energy efficiency and by offsetting its emissions through the purchase of CO₂ emission allowances for renewable facilities in developing countries.

Environment

TOWARDS A CIRCULAR ECONOMY From a prevention-based approach and with the overall goal of decreasing the environmental impact of its activities, in 2017 ACCIONA focused its actions on the integrated management of environmental risks, attention to water stress, the promotion of the circular economy and the conservation of biodiversity.

Corporate Governance

ETHICS, INTEGRITY, HUMAN RIGHTS AND TRANSPARENCY Our Code of Conduct and Policy Book constitute a framework for integrity and corporate governance that ensures responsible management. We set objectives in the areas of human rights, ethics, corporate governance, risk management and transparency.

People

HUMAN CAPITAL, SAFETY AND HEALTH Human capital is a priority for ACCIONA. We share with our employees the values of respect, transparency, equal opportunities, meritocracy, continuous communication and diversity. Likewise, we promote safety and health among employees and collaborators.

Value Chain

RESPONSIBLE AND QUALITY MANAGEMENT We aim to prevent, mitigate and manage our supply chain risks, and assure the quality and safety of our products and services.

Innovation

VALUE CREATION TOOL Innovation is a key element for acquiring competitive advantages, focused on guaranteeing sustainability and creating added value for business today and tomorrow. We strive to maintain the ratio of innovation over sales above the European average and set objectives in the areas of collaborative and operational innovation.

Presence in sustainability indexes, rankings and ratings

Because we know that our different stakeholders value sustainability performance, we collect information from the most important indexes, rankings and ratings.

MSCI GLOBAL LOW CARBON LEADERS INDEX
2018 GLOBAL 100 MOST SUSTAINABLE CORPORATIONS CORPORATE KNIGHTS
FIRST IN "NEW ENERGY TOP 100 GREEN UTILITIES"ENERGY INTELLIGENCE
ESTADO DEL REPORTING DE SOSTENIBILIDAD DEL IBEX 35CARBON CLEAR
THE 2017 EU INDUSTRIAL R&D INVESTMENT SCOREBOARDEUROPEAN COMISSION
2017 GLOBAL INNOVATION 1000PWC STRATEGY&
MERCO