Red Electrica de España S A : The Dow Jones index acknowledges Red Eléctrica as one of the most sustainable Spanish companies worldwide
November 12, 2021
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The Dow Jones index acknowledges Red Eléctrica as one of the most sustainable Spanish companies worldwide
Press Release
13.11.2021
The company renews its presence in the DJSI World, attaining 86 points
Red Eléctrica Group has been recognised, once again, as one of the most sustainable companies worldwide by the prestigious Dow Jones Sustainability Index (DJSI) prepared by S&P Global Corporate Sustainability Assessment. The company has attained a global score of 86 points (score published on 12 November).
The DJSI measures the performance of companies worldwide on a yearly basis in environmental, social and governance matters. In this year's review, it has analysed 2,544 companies, of which 322 have made it to the index. 15 of them are Spanish.
Red Eléctrica Group has been the company with the highest points in the industry in six criteria: materiality, business code of conduct, policy influence, innovation management and social and environmental reporting.
Commitment to sustainability
This recognition showcases the Group's commitment to the highest standards and sustainability in order to contribute to attaining global goals, among which the Sustainable Development Goals (SDGs) set by the United Nations (UN) stand out. Furthermore, the Company has consolidated its position in international markets as a benchmark for socially responsible investment.
The Dow Jones Sustainability Index, a version of the Dow Jones New York Stock Exchange Index, is made up of companies which demonstrate a performance that is superior to that of their sector peers based on social, environmental and economic criteria. This index has become a key benchmark for socially responsible investors.
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Red Eléctrica Corporación SA published this content on 13 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2021 09:56:08 UTC.
Redeia Corporacion S.A. (formerly Red Eléctrica Corporación, S.A.) specializes in electricity transmission services and operation of electric networks. Net sales (including intragroup) by activity break down as follows:
- management and operation of electrical networks (82.7%): owning, at the end of 2022, of a network of 45,019 km of high-voltage lines and over 600 substations. The group also offers consulting, engineering, construction and maintenance services. Spain accounts for 95.8% of net sales;
- management and operation of satellite telecommunications networks (11.2%);
- management and operation of fiber optic telecoms networks (4.8%);
- other (1.3%).
Net sales are distributed geographically as follows: Spain (88.9%), Europe (1.6%) and other (9.5%).