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    IBE   ES0144580Y14

IBERDROLA, S.A.

(IBE)
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Iberdrola S A : , the only Spanish enterprise recognised as a 'leading company' by the UN Global Compact

09/23/2021 | 08:24am EDT

Ignacio Galan said that 'the fight against climate change has guided our strategy and decision-making for the last two decades, during which we have invested more than 120 billion euros.

We have an ongoing commitment to speeding up the transition and contributing to progress in industry and employment based on the energy of the future, with investments in renewables, smart grids and storage in countries with clear frameworks that provide an incentive that will reach 150 billion euros within this decade'

Iberdrola has been recognised as one of the member companies of the Global Compact LEAD for its ongoing commitment to the UN Global Compact and the 10 principles for driving responsible business activity.

The utility, which has been part of this ranking for the fifth consecutive year, is the only Spanish member of this select group of companies, which represents 18 sectors of industry in every region of the world.

Ignacio Galan, chairman of Iberdrola, explained that, 'the fight against climate change has guided our strategy and decision-making for the last two decades, during which we have invested 120 billion euros. We have an ongoing commitment to speeding up the transition and contributing to the development of industry and employment around the energy of the future, with investments in renewables, smart grids and storage in countries with clear frameworks that provide incentives that will reach 150 billion euros in this decade'.

Iberdrola has been selected for the Global Compact LEAD within the framework of the 76th meeting of the General Assembly of the United Nations in New York, and is one of the organisations most focused on promoting a model of sustainable development. The company has formed part of the climate ambition and sustainable financing platforms, two areas where it has demonstrated its leadership. The Iberdrola progress report is available in its participant profile on the UN Global Compact website. The company has been a part of the UN Global Compact since 2002.

'LEAD companies represent the highest level of engagement with the UN Global Compact', said Sanda Ojiambo, general director of UN Global Compact. 'Now more than ever, the world needs more companies with a solid, forward looking project for a fairer, more sustainable future for us all'.

Contact:

Susana Sanjuan

Tel: +34 91 784 32 32

Email: comunicacioncorporativa@iberdrola.es

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 37 560 M 43 710 M 43 710 M
Net income 2021 3 551 M 4 132 M 4 132 M
Net Debt 2021 44 201 M 51 438 M 51 438 M
P/E ratio 2021 17,7x
Yield 2021 4,44%
Capitalization 59 999 M 69 791 M 69 823 M
EV / Sales 2021 2,77x
EV / Sales 2022 2,66x
Nbr of Employees 38 006
Free-Float 95,5%
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Number of Analysts 25
Last Close Price 9,75 €
Average target price 11,46 €
Spread / Average Target 17,5%
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Managers and Directors
José Ignacio Sánchez Galán Chairman, President & Chief Executive Officer
José Sáinz Armada Chief Financial & Resources Officer
Fernando Lucero Batalla Head-Information Technology & Finance
Maria Dolores Herrera Pereda Compliance Director
Juan Carlos Rebollo Liceaga Group Director-Administration & Control
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