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Sector analysis


Carbon performance score by category


100 90 80 70 60 50 40 30 20 10 0


Governance Global 500 Strategy CDLI Iberia 125 Iberia 125


Stakeholder engagement


Utilities


Emissions Performance


Opportunities identified


• Carbon taxes on fuel could encourage the use of natural gas due to its lower specific emissions in the short term and also electrical transport.


• Aging coal and nuclear power stations could be replaced with renewable energy, new gas.


• Capture new customers by developing tools, products and services that meet their increasing emissions reporting obligations and energy efficiency needs.


• Development of new technologies to improve energy efficiency and to reduce CO2 emissions.


Risks detected • Exposure to gas price fluctuations.


Offer products and services to reduce emissions


• Target for achieving a low or zero carbon economy could result in long term reduction in natural gas consumption.


• Cost of acquiring emission rights/permits will increase.


• Increasing environmental constraints related to air quality and increasing scope of regulation to include additional GHGs.


Low carbon solutions


• Creation of companies dedicated to innovative solutions in energy services and related products.


• Sustainable Mobility: use of low-emission and fuel efficient vehicles.


Volume of emissions and trends in the past year Total GHG


Emission reduction objectives


Iberdrola Endesa


Gas Natural EDP REN


R.E.E.


emissions (scope 1 + 2) (t CO2 46,171,669


39,291,885 20,483,677 15,771,391 214,536 71,114


Variation from


e) previous year -6%


-15% -31% -26% -13% -8%


37


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