2022 Report

Planet Positive

Investing to regenerate the planet

Imagen PDS Planet Positive

ACCIONA's projects seek a positive impact on the planet through business models based on decarbonization, water and ecosystem preservation and the circular use of resources.

Greenest electric company in the world for the eighth consecutive year.

2022 Highlights

  • Reduced GHG emissions by 36% (scopes 1 and 2) and 8% (scope 3*) compared to 2017, in line with the 2030 SBT target of 1.5 ºC reduction, and offset GHG emissions of its direct operations.
  • CapEx: 97.96% alignment on eligible figure.
  • Implementing the first pilot phase of nature-related risks quantification -TNFD.
  • 77% of waste generation was destined for recovery and 9% of the resources consumed were renewed or recycled.
  • Aggregate voluntary planting of 223,753 trees (2021-2022).

2023 Main challenges

  • Reducing GHG emissions, in line with the SBT target of a 1.5ºC reduction by 2030, and offsetting GHG emissions of its direct operations.
  • Investing 90% of CapEx in sustainable activities according to the European taxonomy.
  • Implementing risk analysis related to nature in line with the guidelines of the TNFD framework.
  • Allocating 85% of the waste generated to recovery.
  • Achieving 16% consumption of renewed or recycled resources.
  • Reducing the consumption of surface, underground, and municipal water by 12% in water-stressed areas compared to 2020.

Climate

ACCIONA promotes the adoption of ambitious global objectives for the decarbonization of the economy, so that its model includes the management of climate change risks and opportunities.

The organization provides sustainable renewable energy and infrastructure solutions around the world. Its business strategy is aligned with the activities that the European Union identifies in its taxonomy as drivers of a decarbonized and sustainable economy. It fully shares the goal of decarbonizing the economy through public commitments, policies, specific procedures, and objectives, and through a model of economic incentives.

Emissions avoided

At the end of 2022, ACCIONA had 11,826 MW of renewable power installed, generating 23,910 GWh. This renewable production has prevented the emission into the atmosphere of 13.2 million tons of CO2e, 9,065 tNOx, 25,086 tSOx and 226 tPM10.

Emissions avoided by country through the generation of renewable electricity

Australia953.931 Canada347.935 Chile1.802.236 Costa Rica210.994 Croatia 33.146 USA1.292.379 Egypt190.204 Hungary 20.934 India322.199 Italy106.194 Mexico1.877.789 Poland 168.223 Portugal144.492 South Africa497.369 Ukraine 67.534 Spain5.118.497 Vietnam65.507
Aust r alia 1. 0 75 Canada 5 2 4 Chi l e 2 . 137 C osta Rica 226 C r oatia 7 0 USA 2 . 160 E g ypt 435 Hungary 40 India 354 Ita l y 2 40 M e xi c o 3.723 P oland 217 P ortugal 364 South Africa 484 Uk r aine 7 4 Spain 11.7 2 0 Vietnam 67

Water

ACCIONA’s water agenda is determined by strict compliance with the legislation, responsible and efficient management, establishing specific goals through its Sustainability Master Plan, the development of new technologies, the integration of water in risk management, the extension of its principles to the value chain and transparent communication.

ACCIONA carries out 3 different water uses within its activities:

01

Treatment and distribution of water for clients
This is water collected in desalination plants and water treatment plants or supply services operated by the company to meet customer demands.

02

Water for own consumption
Water intended for consumption at company facilities.

03

Discharges
Water for consumption surplus that has not been evaporated or incorporated into any company asset and that leaves its facilities as specified in the corresponding discharge authorizations.

2022 Water uses

Supply Treatment Purification Desalination ACCIONAs activities Recycled/ Reused in situ Municipal Recycled network Sanitation network Sea Primary network Rain Groundwater Surface water 113 hm 3 573 hm 3 25 hm 3 0.45 hm 3 2.27 hm 3 1.29 hm 3 6.27 hm 3 0.27 hm 3 721 hm 3 74 hm 3 1.96 hm 3 3.11 hm 3 0.57 hm 3 475 hm 3 Freshwater: Drinking water Freshwater: Others Salt Treated To treatment Water treatment and distribution for customers Water for internal consumption Discharges

Circular economy

ACCIONA has had a circular economy policy since 2021 with the goal of developing projects without any virgin materials or fossil energy input, without generating waste, and regenerating the environment.

ACCIONA carries out multiple actions that validate its performance in this area. For instance:

  • Generating renewable energy from inexhaustible sources such as the sun or the wind and from agricultural and/or forest residues.
  • Producing drinking water from seawater in water-stressed regions, using the best available techniques from the point of view of energy expenditure. Likewise, purifying wastewater and preserving and improving natural capital, which facilitates its reuse.
  • Developing infrastructures that benefit the transport efficiency, renewable energy generation and its distribution, waste management and the sustainability of cities.
  • Providing shared electric mobility services, infrastructure maintenance, energy management and segregated waste collection, as well as taking care of its transport, classification, and recovery.

ACCIONA optimizes the circularity of its processes in the following way:

  • Using life-cycle analysis tools (7 LCAs carried out in 2021), which allow to evaluate and reduce the impact of developments, as well as its material and energy consumption.
  • Minimizing fossil energy expenditure.
  • Rationalizing water consumption and taking advantage of alternative water sources that do not deplete the existing resources.
  • Giving a second life to waste and by-products derived from its processes, such as soil, rubble, ash, slag, plant debris or sewage sludge.
  • Maximizing the usefulness of materials and using sustainable resources such as recycled aggregates, renewable resources such as FSC certified wood and biomass, or advanced resources such as composites, which minimize the number of components.
  • Carrying out intense R+D+I in all activity areas, improving the efficiency of processes and the performance of resources.
  • Using digitalization as a catalyst for circular opportunities in construction, whether through technologies such as building information modelling, machine automation or 3D printing.
  • Collaborating closely with stakeholders in training and raising awareness on the circular economy.

ACCIONA material flows

Biodiversity

For the company, the preservation of biodiversity and the responsible use of natural heritage are not only an ethical commitment but a necessary condition for global sustainability.

ACCIONA has a specific corporate biodiversity policy that through several principles promotes the appreciation and preservation of animal and plant species as a necessary means for economic development and social progress.

In its new 2025 Sustainability Master Plan, ACCIONA has included a strategic line on biodiversity, with the aim of both applying the impact mitigation hierarchy in all its projects and establishing goals that can generate a positive material result on the environment and biological diversity through solutions based on nature science.

Mitigation Hierarchy Scheme

1. PREVENT 2. MINIMIZE 3. RESTORE 4. OFFSET Residual impacton biodiversity + - IMPACTS Net gain

Most significant environmental impacts by area

Vegetation 5 % Landscape 4 % Fauna 47 % Water 34 % Soil 1 % Atmosphere 1 % Habitat 8 %

Integrated environmental management

In 2022, ACCIONA allocated 146.3 million euros to the management (prevention, reduction, or repairment) of the environmental impacts generated by the company's activity, of which 139.4 million euros were due to expenses and 6.9 million euros to investments.

The company continues to promote the commitment to environmental training and the development of skills in this area. Throughout 2022, ACCIONA employees received a total of 6,081.3 hours of training on topics such as climate change, environmental management systems, waste management and environmental repairment of degraded areas, among others.

Industrial activity inherently implies an impact on the environment; therefore, ACCIONA prioritizes the precautionary principle in all the activities it carries out. Comprehensively managing environmental, climate and water risks, reducing and offsetting the emissions generated, promoting the circular economy, and preserving biodiversity are all integrated actions in the company's business model.

ACCIONA's environmental management systems are verified and certified by authorized independent entities, according to the international standard ISO 14001.

  • Identification, evaluation, and minimization of environmental alterations that may occur during the development of the company's activities.
  • Analysis of environmental risks through a regulated technical procedure that measures the risk of an accident that is harmful to the environment or that has a negative environmental effect on ACCIONA's activity.
  • Identification and verification of legal requirements by using specific tools, which allow managing compliance with administrative obligations and other commitments, in addition to those required by law.
  • Operational control through corporate tools that collect quantitative environmental information from each center, allowing to manage the evolution of processes, to set goals and to define strategies.
  • Registration and classification of environmental near misses
  • Implementation of tools for constant improvement; identification and dissemination of lessons learned and good practices.
  • Setting up annual environmental goals in all businesses, taking the most significant aspects related to the environment in the management systems and the SMP as a reference.

Planet Positive

The pillars of our Sustainability Master Plan