Iberdrola has presented its Climate Action Plan at COP 27 in Sharm el-Sheikh (Egypt). Iberdrola has set the goal of carbon neutrality for its generation plants, its electricity distribution activity and its own consumption (scopes 1 and 2) to 2030, and the total decarbonisation of its activities by 2040.
Iberdrola has also presented its Biodiversity Plan, which aims to achieve a net positive impact on species and ecosystems by 2030. The Plan addresses the impacts of the group's activities on nature throughout the life cycle of its facilities, considering the supply chain and creating environmental, economic and social value through ecosystem services.