Iberdrola (IBE.MC)

Overall impact
A (86)

Commentary

Iberdrola is a leader for overall positive impact. With an 'A' rating of 86.0 for overall impact (97th percentile compared to all companies), Iberdrola ranks 17th out of 63 industry peers, behind Atlantica Sustainable Infrastructure, Verbund, Adani Green Energy and 13 others, and ahead of Intersect Power, Pattern Energy, Azure Power Global and 43 others. On top material causes for Iberdrola's industry (Utilities), Iberdrola performs well in Renewable Energy Growth (96.9 score), Affordable, Safe Housing (95.9), Renewable Energy Growth (99.0) and 11 other causes where it received an 'A' score and performs poorly in Decent, Safe Work Opportunities (23.3 score), Racial Justice and Civil Rights (19.2) and Accountable Institutions (19.3).
Impact
Cause IBE.MC
Peer rank
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Company
Employees
41,798
Sector
Utilities
Industry
Electric Utilities
Sub-industry
Electric Utilities
SASB industry
Electric Utilities & Power Generators
Headquarters
Spain
Share classes
IBDRY
IBE.MC
Description
Iberdrola, S.A. engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries. The company is also involved in the purchase and sale of electricity and gas on wholesale markets; energy retail supply activities, such as gas and electricity, and other products and services, including hydrogen, as well as non-renewable generation; and production of green hydrogen. It has a total installed capacity of 62,871 MW. In addition, the company offers heat pumps, self-consumption, electric mobility, solar, etc. services to residential customers; and management of energy facilities, as well as supplies green H2, industrial heat, etc. to industrial customers. Iberdrola, S.A. was founded in 1840 and is based in Bilbao, Spain.
Material causes
Ethos considers the following causes material for Iberdrola, based on its industry sub-industry Electric Utilities. Learn more about material causes in our methodology overview.

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