ETHICS, TRANSPARENCY AND GOOD GOVERNANCE

Iberdrola España, at the forefront of best international practices

Iberdrola España Governance and Sustainability System is inspired by and based upon a commitment to ethical principles, transparency and leadership in the application of the best international practices in good governance for non listed companies, and goes around three major vectors: environmental, social and corporate governance. Undergoing a constant process of review and improvement, it incorporates the principal recommendations of the international markets and the most advanced trends in this area. It is one of the hallmarks of its identity, making Iberdrola group an international leader in good practices.

The board of directors of Iberdrola España, as subholding company, focuses its activity on the organization, coordination and supervision of the group's general guidelines and strategy, in relation to Spain, disseminating, implementing and ensuring the follow-up of the Group's general policies, strategies and guidelines with attention to the characteristics and singularities of the businesses developed by their head of business companies and centralizes the provision of common services to said companies, subject in any case to the provisions of the applicable legislation.