2022 Report

Exponential leadership

Authenticity and transparency

Imagen PDS Exponential leadership

ACCIONA is not neutral: it has a deep leadership vocation in this decade’s sustainable transformation.

Our commitment drives us to develop innovative and regenerative value in our solutions, to promote the fulfillment of our purpose from the highest governance body, and to ensure that our values are transmitted and shared throughout the company globally.

2022 Highlights

  • Obtaining UNE 19601 for Tax Compliance and creation of the Tax Compliance Body
  • Participation and dialogue in the international climate debate by attending COP 27 and in associations such as CLG Europe and the WBCSD.
  • Approving the new corporate purpose: Challenging the present to make the future possible.
  • Hiring of 93.7% local suppliers.

2023 Main challenges

  • Expanding the corporate reporting by adding specific human rights and diversity reports to the current ones.
  • Consolidating an ESG budget with key indicators ranging from people and environment to environmental impact management.
  • Disseminating the new corporate purpose through campaigns and employee training.
  • Continued deployment of the Supplier Risk Map Enrichment through the new SCRM methodology, whereby 60% of suppliers will have ESG assessment, monitoring and improvement plans.

Innovation: Sustainable Transformation

Innovation programs allow to constantly anticipate market trends and disruptions, as well as to seek solutions that can generate new business opportunities aligned with business goals.

The company seeks to be a reference in fostering new and better business operating solutions, more digital and capable of increasing the sustainable productivity of projects.

"The 2022 EU Industrial R&D Investment Scoreboard" report, carried out by the European Commission's Economics of Industrial Research and Innovation (IRI), ranks ACCIONA as the seventh Spanish company and the 134th in Europe with the greatest investment effort in R&D&I.

In 2022, ACCIONA reported an innovation figure of 262.8 million euros, 5% higher than the previous year's results. The portfolio included 185 projects throughout the year, of which 67 were R&D projects and 118 innovation projects. The company has carried out 16 projects outside Spain worth 115.4 million euros, which represents 44% of the total innovation figure reported.

Innovation figures

Spain 56.08 % UAE 12 % UK 8.59 % * Others include: Norway (2.73), Philippines (2), Canada (1.82), Brazil (1.77), Peru (1.6), Mexico (1.28), Paraguay (1.18), Panama (0.39) and Portugal (0.27). Others* 13.04 % Australia 6.84 % 5.89 %
AIC*Corporate3 %0.1 %Water14.6 %Construction42.9 %Energy39.4 %
210 220 230 240 250 260 270 2019 2020 2021 2022 R&D+i turnover (M€) EU ranking Spain Ranking EU Industrial R&D Investment Scoreboard 1 20 40 60 80 100 120 140 160 180 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 1 2 3 4 5 6 7 8 230.4 237.0 250.2 262.8 156º 141º 121º 134º

R&I research lines in ACCIONA's main businesses

Renewable energy

  • Expansion of the useful life of assets
  • Production maximization
  • Advanced photovoltaics
  • ESG innovation
  • Storage and hybridization
  • Renewable hydrogen
  • Vehicle to grid
  • Waste to industry
  • Advanced technologies in operation and maintenance (O&M)
  • New business models in digital innovation

Construction

  • Promising emerging technologies
  • Green hydrogen
  • CO2 capture
  • Construction processes
  • Production control
  • Asset control
  • Improved project management

Water technologies

  • Desalination and new technologies
  • Water purification and reuse
  • Water purification and chemistry

We share innovation

ACCIONA seeks to anticipate and explore new technologies and their application to business through innovation and the development of digital solutions. It also focuses on the internal development of digital products that boost competitiveness, efficiency, and productivity for the benefit of customers and citizens.

Ethics and anti-corruption

In the development of its activity, the company has relations with public administrations and participates in infrastructure bidding processes in several countries, so the risks of corruption in each project should be analyzed depending on the country and the importance of the operation.

To fight against corruption and bribery, as well as money laundering, ACCIONA has several tools to avoid or identify possible cases of malpractice.

  • Anti-Corruption Policy.
  • Crime Prevention and Anti-Bribery Policy.
  • Organization and Management Model for Crime Prevention and Anti-Corruption (MPDYA).
  • Mandatory training courses for the staff of the obligated parties.
  • Communication and acceptance of the Code of Conduct, the Anti-Corruption Rules and the Crime Prevention and Anti-Bribery Policy by all employees

Authenticity

The company's values are well-defined and present in all activities. ACCIONA's staff recognizes a reliable and credible management team, with values and committed to the purpose.

This area has the ambition of showing that our commitment is true and that it is shared by everybody in the group. To strengthen this commitment, we will activate the following transformation levers:

  • Redefining the company's purpose, promise and principles and adapting ACCIONA's code of conduct and leadership model to the new purpose.
  • Having quality and information satisfaction indicators for customers, investors, employees, and suppliers, verified by independent third parties, that promote annual improvement plans.
  • Extending a common virtual meeting place accessible to all ACCIONA’s staff and developing informal practitioner networks around the company's core promises.
  • Establishing immersion processes in company values, especially when onboarding and in inherent turnover businesses. This process was updated in 2022.
  • Rules program on the company's position regarding its commitment to and calling for more sustainable development models.

Transparency

Dialogue and sustainable leadership

ACCIONA actively participates in the world’s most prestigious international initiatives in terms of sustainable development, the fight against climate change, and ESG.

Supply chain

2022 Landmarks

In 2022, and within ACCIONA's strategy to promote the digitalization of purchasing and the use of paperless technologies, the following landmarks were achieved:

  • Procure to Pay platform for the electronic exchange of orders and invoices: more than 63,000 invoices and 54,000 orders exchanged without the need for paper, doubling the volume of active suppliers from 2021 to a total of 3,863.
  • Commissioning the new ALIA platform, whose goal is to obtain complete traceability of the supply chain in everything related to manufacturing, documentary and quality control, transportation, and storage. It also favors the real-time integration of different players in the supply chain (supplier, forwarder, customs agent, etc.).
  • Migration to a more nimble and user-friendly purchasing reporting and analysis platform that also enables to check a purchasing dashboard by project in real time focused on decision-making.
  • Deployment of Electronic Catalogs for the management of the spending queue, reaching more than 33,000 orders transferred digitally and distributed in 129 supplier catalogs with the advantage of increased nimbleness and control.

Challenges 2023 *

  • Continuing to enhance the Supplier Risk Map through the new SCRM methodology. 60% of suppliers will have ESG evaluation, monitoring and improvement plans.
  • Creation of the Scope 3 Measurement pilot with a revised methodology for at least two of the strategic purchasing categories.
  • Carrying on with the critical suppliers’ percentage in own work that must be approved.
  • New edition of the Sustainable Purchasing Guide and review of its criteria.

* These goals apply to all ACCIONA, except for ACCIONA Energía, whose specific goals are aligned but adapted to its distinctive features.

Incentives for sustainable products

ACCIONA has incorporated sustainability criteria into purchasing and contracting management through the Sustainable Purchasing Guide. The following initiatives have been promoted:

01

Measure What Matters

Program designed to raise awareness and accompany selected supplier SMEs and subsidized 100% by ACCIONA to learn about, measure and improve their sustainability.

02

Sustainable development programs

Programs with strategic suppliers through Category Managers:

  • Global identification and marking out the suppliers with the best sustainability performance as preferred bidder.
  • Technical feasibility study on the use of alternatives to concrete with low CO2 on-site emissions.
  • Introducing electrical machines with the aim of gaining knowledge and experience in their use and of reducing CO2 in operations.
  • New edition of the Sustainable Purchasing Guide and reviewing its criteria.

Sustainability criteria in purchasing management

Efficient vehicles

+198%

ECO vehicles in the service fleet

Renewable materials

+208%

tons of wood with chain of custody certificate

Special employment centers

≈ €2M

invested in Special Recruitment Centers

Exponential Leadership

The pillars of our Sustainability Master Plan