Sustainability in spanish energy companies. A proposal for indicators beyond taxonomy
Abstract
This study analyzes the sustainability of the main energy companies in the IBEX 35: Acciona, Endesa, and Iberdrola. Through a qualitative analysis of the 2023 Non-Financial Information Statements, their commitment to sustainability is examined beyond the local Environmental Taxonomy Regulation by identifying new indicators. It is concluded that the main predictors are: a Long-term Action Plan or Strategy; activities aligned with the Sustainable Development Goals; Double Materiality; policies and analysis of environmental, social, and governance factors; reporting information on the company's sustainable financing; and certificates that verify the reported information.
Downloads
Article download
Crossmark
License
In order to support the global exchange of knowledge, the journal Papeles de Europa is allowing unrestricted access to its content as from its publication in this electronic edition, and as such it is an open-access journal. The originals published in this journal are the property of the Complutense University of Madrid and any reproduction thereof in full or in part must cite the source. All content is distributed under a Creative Commons Attribution 4.0 use and distribution licence (CC BY 4.0). This circumstance must be expressly stated in these terms where necessary. You can view the summary and the complete legal text of the licence.
