Red Eléctrica has received an award from the Carbon Disclosure Project (CDP)

The Company has been recognised by the Carbon Disclosure Project (CDP) as a leading company, for its performance and strategies in the fight against climate change.

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Today the results of CDP’s latest assessment on climate change have been revealed and Red Eléctrica has been included in the Climate A List, which includes companies that score the highest in performance and/or transparency in this field. Ana Cuevas, Corporate Director of Sustainability, Innovation and Institutional Coordination for Red Eléctrica, accepted the award from the director of the Spanish Office for Climate Change, Valvanera Ulargui.

Companies around the world annually report information to CDP, so that the data may be independently assessed. Of the companies examined by CDP, only 9% are awarded a position on the Climate A List. Red Eléctrica is among those companies that have been awarded the highest score in recognition of its efforts and actions over the past year in reducing emissions, mitigating climate change and the management of risks and opportunities associated to the same.

The recognition received reflects the hard work that the Company has carried out in the following aspects: improving and increasing the scope of the calculation used for determining the carbon footprint; monitoring and controling SF6 gas emissions; implementation of energy efficiency measures; development of a sustainable mobility plan; emission offsetting actions, and the development of climate change adaptation measures. Red Eléctrica, fully aware of the essential role that companies have in the transition towards a low carbon economy and in making progress in achieving the targets set in the Paris Agreement, will continue to drive all these actions progressively to achieve greater reductions in their emissions.

The Company maintains a firm commitment to the fight against climate change, reflecting it in its environmental policy and its Climate Change Strategy. In 2015, Red Eléctrica reaffirmed and reinforced said commitment through the adoption of a Climate Change Action Plan (2015-2020) which sets out the objectives to be reached in this field and defines the measures to achieve them.