ACCIONA’S Sustainability Master Plan 2015 is the company’s main business driver

The renewables, infrastructure and water company links its objectives directly to its activities and turns them into lines of action for building capabilities and competencies for sustainable development.

ACCIONA has structured its Sustainability Master Plan 2015 (SMP 2015) around nine new lines of action, with a focus linked directly to its activities. The Company has drawn up its road map as a plan aimed at generating distinctive competitive advantage that will make ACCIONA a leader in sustainable development in each of its areas of activity, mainly renewable energies, infrastructure and water. It is an approach that involves the entire organization, as well as ACCIONA's suppliers.

The new SMP 2015 goes further towards approaching sustainability as a differentiating factor not only in management but also when it comes to drawing up the Company's offering; it also sets objectives that are linked directly to business activity. This area will gradually contribute more to drawing up tenders and bids.

Where innovation is concerned, SMP 2015 envisages 500 million euro's worth of investment for the period 2010-2015 with the consolidation of the Technological Observatory; the latter detects, prioritizes and channels the critical information for the implementation of new technologies, while maximizing the leveraging of operational innovation with a savings target of at least 15 million euros.

Stepping up its efforts to ensure respect for the environment, the SMP specifies a number of quantitative commitments, e.g. a 15% reduction in the Carbon Intensity Index (mtCO2/sales), or improve environmental efficiency in the Energy Consumption Rate (TJ/sales) by 15% and in water consumption/sales by 7%.

In terms of responsibility towards society, the SMP 2015 undertakes an ambitious commitment related directly to the Company's business: to implement a special methodology designed to evaluate the social impact of all of ACCIONA's international projects.

The Plan also extends the scope of the Fundación Microenergía [MicroEnergy Foundation]-dedicated to providing renewable energy to isolated rural communities-which adds a new country to its list, while the Sustainability Workshop revamps its content and reaches out to new audiences.

The SMP also goes further in taking care of the Company's people. Executive and Senior Management variable remuneration will be linked partly (on a percentage basis) to sustainability targets.

The Plan also sets out to strengthen the entire organization's commitment to sustainability by providing continuous online training based on the Sustainability Workshop.

The Value Circle has been extended to make sustainability requirements of ACCIONA's suppliers. This broader scope will be supported by specific online training programs and a catalog of products and services procurement which will be presented shortly.

In the sphere of good governance, the recent renewal of ACCIONA's Code of Conduct has been supplemented by a set of Ethical Principles for Suppliers.

As regards Stakeholder Engagement, ACCIONA carries out regular consultations and now also takes a specific approach focused on the growing sector of socially responsible investors.

ACCIONA continues to lead the field by taking an active part in the most highly acknowledged organizations. This year, the Company helped to prepare the 'Rio+20' summit as a member of the WBCSD Steering Committee and through the same organization's Urban Infrastructure initiative. It also sat on the Caring for Climate Steering Committee, and participated in the Global Compact LEAD's 'SE4All' (Sustainable Energy for All) working group.

And finally, regarding Accountability, it is worth noting that this year the Company's Sustainability report was submitted to the consideration of the AGM.

See Sustainability Master Plan 2015

See Presentation Sustainability Master Plan 2015