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Spanish companies lead the way on the road to sustainability

Sustainability

Sustainable Spanish companies have positioned themselves as leaders in the adoption of environmentally responsible practices and policies. Don’t let your company miss out on this golden opportunity. In this article, we will explore the advances and achievements made by organizations committed to a greener world. Stick around and find out how you can contribute to sustainability and be part of the positive change, let’s go!

Sustainable leadership in Spanish companies: a path to sustainability

The promotion of sustainable companies fosters progress and well-being for current and future generations. In Spain, these companies obtain a certificate that distinguishes them from others, accrediting their commitment to sustainability. The benchmark analysis in this area is the Dow Jones Sustainability Index (DJSI).

Sustainability is becoming increasingly important. Mainly because today’s consumers demand a commitment to the planet and are looking for companies that contribute to change. 

The Sustainable Development Goals (SDGs) affect and concern us all. So consuming products and services from these environmentally committed companies is a growing trend.

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Keys to achieve corporate sustainability

When assessing the sustainability of a company, analysts consider several key factors. Below, we share the most relevant ones for your business:

Sustainability

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Promoting corporate sustainability in Spain

In Spain, the number of companies committed to sustainability is steadily increasing. Below, we explore the country’s leading sustainable companies: 

Acciona

Acciona demonstrates its strong commitment to sustainability through its business strategy and business model. The company’s presence in the world’s most prominent rankings and indices reflects its focus on preserving the environment and reducing the negative impact of climate change

Among the most outstanding achievements in sustainability are: 

  • Avoid the emission of 13.2 million tons of CO₂ by 2022.
  • They have 253 social impact management projects.
  • 98% of its capex is aligned with the carbon taxonomy. These data highlight the positive impact that ACCIONA has generated in environmental and social terms.

Siemens Gamesa

Siemens Gamesa, a leading sustainability company in Spain. It is embarking on an ambitious project. Its goal is to become a decarbonized or carbon neutral company by 2025.

In addition to this environmental commitment, the company is distinguished by its focus on employee well-being. Attention to the impact of its activity on society is part of its business agenda. 

Naturgy

Naturgy stands out as one of the most sustainable companies worldwide, according to the Dow Jones Sustainability Index. It is especially noteworthy within the energy sector in our country, being considered the most sustainable of all.

The index underlines that no matter the size of a company, it always generates an environmental and sustainability impact. This impact is a function of electricity consumption, type of transportation, labor practices, waste generation and daily economic activities.

Iberdrola

Iberdrola, a leading renewable energy company, has been recognized as a company that puts sustainability at the center. It stands out for its leadership in promoting the Sustainable Development Goals and the fight against climate change. One of its main objectives is to achieve zero net emissions by 2040.

These achievements generate a mirror effect, where other companies are inspired if they wish to be competitive in terms of sustainability. After all, many customers base their purchasing decisions on the carbon footprint of an activity.

And not only that, but also in the materials used in production and the environmental efficiency of the processes. In view of this, it is crucial that companies consider these aspects as fundamental requirements.

Santander

For years, Banco Santander has been recognized as the benchmark for sustainability in Spain and the world. Its constant presence in the Dow Jones Sustainability Index (DJSI) world ranking for more than two decades supports its position. 

It is important to note that this index is the leading international assessment of environmental, economic, social and corporate governance policies. 

In 2014, Banco Santander initiated a strategy to strengthen its commitment to its 140 million customers. As well as its transformation into a responsible company with sustainability.

Today, it is a global leader in financing sustainable projects. In addition, according to the Varkey Foundation, it is the company that invests the most in education worldwide.

You can review the summary of sustainability achievements below:

Sustainability

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The commitment of Spanish companies to sustainability is evident and their leadership in this field is indisputable. From large corporations to local entrepreneurs, more and more business players are adopting responsible practices and contributing to environmental care. 

If you want to keep up to date on Spain’s progress and achievements in sustainability issues, we invite you to subscribe to our content library. Be part of the movement towards a future where sustainability is key, subscribe today and join this important cause!

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