SUSTAINABLE DEVELOPMENT GOALS

 

ALIGNED WITH THE SUSTAINABLE DEVELOPMENT GOALS

We are concerned by the global challenges faced by this generation.

To ensure alignment with the global efforts towards the achievement of the Sustainable Development Goals proposed by the United Nations for 2030, we define our Sustainability Plan 2019-2023, areas of work, action plans and objectives, within the framework of the Sustainable Development Goals in consultation with our stakeholders. www.un.org/sustainabledevelopment

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OUR CONTRIBUTION TO THE SUSTAINABLE DEVELOPMENT GOALS


LEADING THE CHANGE: Through the fulfillment of our investment goals
we contribute significantly to the transition to a low carbon economy. Our strategic plan includes the investment of 1.000 M EUR between 2019-2023 in projects to generate electricity with clean energy.We are the first SME (Small/Medium Sized Enterprise) in Spain to issue green bonds and, with more than 200 M in bonds and loans with a “green certificate”, we became the SME with the greatest access in Europe to green financing for our renewable energy projects.

WITH PRINCIPLES: We are committed to transparency and open communication with regards to the sustainability of our projects and the progress of our strategic plan. We organize live webcasts every 6 months to inform our stakeholders on the progress of our projects and the financial results and we publish our financial information in our website. We also inform regularly regarding the challenges met in sustainability, through articles in our website. Visit our News section to know more.

COMMITTED TO OUR PEOPLE: Taking good care of our people is a fundamental pillar of our Sustainability Plan. We focus on improving the quality of our workplace with an emphasis in safety. It is our objective to improve the access to training opportunities for the team members and to ensure equality.

CLIMATE CHANGE: Producing clean electricity only is not enough, we want to do it responsibly. That is why we measure the emissions we produce with our daily activity, reduce as much as we can and offset the emissions we can avoid.

PROTECTING THE ENVIRONMENT: We voluntarily decide to be audited standards for sustainable forestry certification FSC® (Forest Stewardship Council®) and PEFC (Program for the Endorsement of Forest Certification schemes). These certifications guarantee that we manage our plantations responsibly and comply with rigorous environmental, social and economic requirements. We also promote forestry certification among smallholders financing and providing technical support to a certification group that includes more than 1.700 members. We prioritize the purchase of certified wood and our objective is to reach to 100% before 2023. In our biomass plant Curtis-Teixeiro, we use exclusively local forestry waste, contributing with its collection to reduce the fire and pest risk in the region.
At our project areas, we take the protection of the environment as a priority. We use a multidisciplinary approach in our Environmental Impact Assessments prior to any intervention, to ensure the identification of all elements that need to be protected. We evaluate all potential impacts to the soil, water bodies, vegetation, natural habitats, biodiversity, landscape, atmosphere, cultural heritage and local communities. We establish preventive measures to avoid any damage and, when we can avoid a certain level of impact, we design and implement mitigation measures to minimize. We frequently monitor the condition of the fauna, water quality and vegetation and promote recycling practices in all our projects.

CIRCULAR ECONOMY: Our contribution to the circular economy includes a component based on the coordination of a high number of small local road transportation companies, to minimize the empty-truck journeys. At our offices, we promote recycling and eliminate single use plastic, such as cups, straws or teaspoons, using exclusively biodegradable materials. For water consumption, we provide reusable glass water bottles and we reduce the use of paper as much as possible.

LOCAL IMPACT: In recognition to our commitment with sustainability, the rural development and the promotion of forestry small-holders, we obtained the certification Madera Justa (FairWood), the first world Fair Trade certification for the forestry sector. A section of the standard requires compliance with a list of requirements based in fair commercial relationships between with small-holders and evaluates aspects such as value creation in the rural environment and labor policies.
We contribute to the technology education in our region through our alliance with the University of Vigo, teaching and organizing field visits to our renewable energy projects. We also organize several training courses for forestry operators, oriented to the unemployed, including training to 60 people in 2019 and another 60 people in the first months of 2020. https://www.youtube.com/watch?v=_7DN6h86G8Q&feature=youtu.be
Our projects contribute to the economic growth in rural areas and to the creation of jobs. The construction of our biomass plant in Curtis has created more than 1.000 jobs, between direct and indirect jobs, of which 100 will be maintained once the plant starts its operations, 35 onsite and the rest of them in the collection of biomass.

SOCIAL RESPONSIBILITY: We promote social volunteering and, in consultation with our employees, we organize local impact activities. We work with meal centers and have collected 500kg of food to the food bank Rias Altas and donated another 500 kg. In addition to this, our objective is to promote a social project annually with a social organization of local impact.

CULTURAL HERITAGE: Galicia is rich in archaeological elements and Greenalia works with experts to identify the presence of these elements in our projects. Our objectives include enhancing the value of significant archaeological elements so that they can be known and valued by the society and organizing guided visits for local students.