• The company bases its sustainable development strategy on three axes: energy transition, resilience to climate change and demographic challenge.
  • The company has just published its Sustainability Report, corresponding to 2019 and which accredits its progress towards its responsible transformation.

In line with its commitment to sustainability and reducing emissions, Viesgo managed to reduce the carbon footprint of its distribution business by 53% last year.

This is one of the data collected by the Company Sustainability Report : a document that certifies the good results of the integration of sustainability in its current activity and Viesgo’s contribution to the energy transition in our country and the fight against climate change through its commitment to renewable energies and the modernization of infrastructures.

Sustainable development is part, together with innovation, of Viesgo’s DNA, and to achieve it the company works on three axes: energy transition, which includes the reduction of its carbon footprint last year and its objective of being a 100% decarbonized company; resilience to climate change, prioritizing investments that improve our network’s response to extreme weather events; and demographic challenge, a challenge to which it has begun to contribute through an energy storage pilot project in the small Cantabrian town of San Vicente del Monte.

For Miguel Antoñanzas, president and CEO of Viesgo, “our company has a priority commitment to sustainability and generating a positive impact on both people and the environment. That is why we invest to improve the quality of supply in vulnerable areas , we comply with the objectives set by the PNIEC and we continuously improve our resilience to extreme weather events. And that is why we also prepared this report: an indispensable tool to continue measuring and improving our performance in terms of sustainability “.

Viesgo’s sustainability report, prepared in accordance with the international standard of the Global Reporting Initiative (GRI) and in which all areas of the company have participated, includes the main axes of Viesgo’s responsible action in four parameters: decarbonisation, electrification of the economy, digital transformation and active role of the consumer / customer.

The report includes the ESG impacts (that is, environmental, social and good governance) generated by Viesgo’s activity and its management, and also includes information on the plans put in place by the company to contribute to the Sustainable Development Goals of United Nations within the framework of its 2030 Agenda.

The document is also an essential tool to increase Viesgo’s transparency towards its stakeholders and to continue improving its performance in the GRESB ranking, focused on evaluating the ESG performance of companies. Viesgo already posted magnificent results in that ranking in 2018, ranking fourth and fifth out of 236 infrastructure companies across Europe and ranking among the 12 most sustainable in the world.

You can access the full report at next link .