Iberdrola Reformulates its Governance and Sustainability System around ESG Criteria
Iberdrola’s Board of Directors adapted the company’s Governance and Sustainability System according to the three main criteria used by the international investment community to measure the impact and sustainability of its investments: environmental, social, and corporate governance (ESG).
This new initiative, aligned with its sustainable development strategy and its social dividend, consolidates the company's position at the forefront of the best international practices in corporate governance in a context in which the impact of COVID-19 has underlined the need for the recovery from the crisis to be based on social and sustainability parameters.
Recognising the growing importance of diversity and inclusion policies, Iberdrola’s Board of Directors also approved a Diversity and Inclusion Policy to incorporate the latest trends in this area into its internal regulations. The new policy reinforces the company's role as a lever for and engine of change, in addition to strengthening its commitment to addressing current social challenges such as promoting diversity, equality, inclusion and a sense of belonging.
To support companies in taking their inclusion strategy to the next level, CSR Europe has recently launched Business Uniting Talents 2030.
This new project, involving 10 leading companies operating in Belgium, aims at addressing the inequalities faced by talents with a migrant background in accessing to job market.
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