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Zero emissions is no longer enough. We need to create a positive impact on natural capital by focusing on four core areas:

Planet Positive 2022
KEY DRIVERS OF TRANSFORMATION Translate climate ambition and neutrality into actionable projects. Develop a Scope 3 decarbonisation strategy with a special focus on suppliers. Incorporate Science-Based targets for Nature as the metric for designing achievable, proportional targets. Develop circular alternatives in bids. Identify and prioritise operations in water-stressed areas by creating an ultra-efficient, water-positive plan. Develop solutions to address the water supply and sanitation challenges at the base of the pyramid, especially in regions with limited access to water.
PRINCIPAL OBJECTIVES Alignment of over 90% of CAPEX is aligned with activities outlined in the taxonomy. Identify zero-carbon options in all procurement categories. Use renewable energy in 100% of projects where available (via greenchain). Apply Nature-Based Solutions (NBS) equivalent to planting and monitoring the growth of one million trees over five years, aiming to neutralise ACCIONA’s carbon footprint by 2025. Double the consumption of renewable and recycled resources and halve the amount of waste sent to landfill. Implement water-positive projects in 100% of projects in water-stressed areas.
Climate emergency

To be at the core of the transition to a decarbonised economy, we provide solutions that contribute to a zero-emissions world

Starting with a positive contribution to the climate from our business and with a public commitment to reduce emissions under the 1.5ºC scenario, the most demanding scenario validated by science. We want this commitment to become a business driver.

  • CapEx: 97.96% alignment with eligible figure.

  • Scope 1 & 2 GHG emissions reduced by 36% compared to the base year, 2017, and by 8% for Scope 3.

 RISKS AND OPPORTUNITIES REPORT ACCORDING TO THE TCFD Climate Change Policy Eu low carbon taxonomy case study: assurance report fy2020 Climate

We want to generate net positive natural capital

Increasing the natural capital we share, by investing in the protection, conservation and regeneration of natural ecosystems. Renewable energy and green infrastructure are part of the equation.

  • 223,753 additional trees planted between 2021 and 2022.

  • First pilot phase implemented for the quantification of nature related risks – TNFD.

 Biodiversity Policy Biodiversity management Biodiversity report Biodiversity and ecosystems management 2023

We aim to develop zero-waste projects

Prioritising waste reduction to zero by using renewable and recycled materials and giving resources a second life.

  • 9% of renewed or recycled resources consumed.

  • 77% of waste produced sent for recovery.

 Circular Economy Policy Resource use and Circular Economy 2023

We aim to significantly increase the supply and sustainable use of quality water

To ensure sustainable water management and universal access to this resource.

  • Reduced the use of freshwater (surface water, groundwater and local water) in water-stressed areas by 12%.

Water Policy Water and marine resources management 2023

"We're not just driving sustainable development and the fight against climate change, we're creating awareness to help you join the movement too. Click on the links to find out more about renewable energies, water treatment, green hydrogen or related topics."