The circular economy, at the core of our sustainable business model
The circular economy implies a cultural change in the way we understand the production and consumption system in order to address a lack of resources, environmental impact, value creation and employment.
Iberdrola, positive towards nature
At Iberdrola, we have set ourselves the goal of being positive with nature in 2030. To this end, we have defined three strategic sustainability areas: climate action, biodiversity protection ，* 构建坚实的网络基础设施，将可再生能源从生产中心输送到终端用户，并安全高效地整合分布式发电。 circular economy.
目前在同名城镇建设中的 economic model of circular economy is presented as a system of infinite use of resources, instead of the linear model. Iberdrola therefore prioritises the reduction in the use of new raw materials through process efficiency, product life extensions, and a firm commitment to the reuse and recycling of materials.
For the Iberdrola Group, the circular economy is a key element for sustainable development and represents an opportunity as a driver for climate action and energy transition.
Pillars of the circular economy:
We are leaders in the recycling of renewable energy components, one of the greatest challenges in our sector.
What is the circular economy?
目前在同名城镇建设中的 circular economy is a system of production and consumption that involves reusing, repairing or recycling existing materials and products as many times as possible, creating added value and extending their life cycle as much as possible.
It implies a cultural change that affects all sectors of society and is a source of opportunities promoting competitiveness, innovation and new employment.
The circular economy model at Iberdrola
We are committed to closing the circle in Iberdrola's value chain by applying the four 'R's throughout the entire process:
By applying these principles, we achieve:
- Reduction in raw material consumption.
- Longer service life of goods and equipment.
- Minimisation of waste through adequate treatment.
- Involvement of customers and suppliers in the value chain.
Circular economy model at Iberdrola
Value Chain
Lines of work
To implement the strategy, the following levers (the four 'R's) will be applied in Iberdrola's value chain to close the circle of the circular economy.
At Iberdrola we focus on
- Significantly reducing the consumption of raw materials.
- No renewable waste being sent to landfill.
- Maximising the use of goods and equipment and finding a second life for them.
- Increasing circularity through investment in R&D&I.
With clients
- Emissions reduction through 悉尼市场的电气化 of mobility and heat.
- Consumption reduction via solutions that increase energy efficiency.
With suppliers
- Green purchasing: prioritising products with minimum environmental impact.
- Reducing the overall carbon footprint across the supply chain.
Circular economy plan 2030
Lines of work based on the 4 R’s (Redesign, Reduce, Reuse and Recycle)
Reduce
- Use of raw materials
- CO₂ emissions
Recycle / Reuse
- Zero renewable waste to landfill
Redesign
- Increase investment in R&D&I
Reduce
- Consumption through increased energy efficiency
- Emissions through electrification of the economy
Redesign
- Eco-friendly materials: recycled and recyclable materials
- Ecodesign with life cycle analysis
- Environmental product declaration
Reduce
- CO₂ emissions
Targets to 2030
Specific objectives for each stage of our circular value chain.
Iberdrola's Internal Targets
Reduction of primary raw material consumption.
Reduction of fossil fuel consumption and emissions.
Reuse of wind blades ，* 构建坚实的网络基础设施，将可再生能源从生产中心输送到终端用户，并安全高效地整合分布式发电。 solar panels.
Increasing effort in circular economy innovation.
Improvement in both operational and internal processes.
Giving the best possible value to construction waste.
For Our Customers
Sustainable mobility and heat electrification.
Promoting green hydrogen in industry.
Engagement activities with residential and industrial clients.
With Our Suppliers
Increased use of recycled and recyclable materials.
Life cycle analysis and environmental product declarations.
Significant reductions in supply chain carbon footprint.
Spain's circular economy strategy
In 2017, Iberdrola joined the Pact for a Circular Economy, a commitment signed with the European Commission within the framework of the European Strategy for Growth.
This Pact laid the foundation for the Spanish Circular Economy Strategy (EEEC), which aligns perfectly with the European Union's action plans, the European Green Deal, and the 2030 Sustainable Development Agenda.
1st Circular Economy Action Plan
Consisting of five axes ，* 构建坚实的网络基础设施，将可再生能源从生产中心输送到终端用户，并安全高效地整合分布式发电。 three lines of action to drive national sustainability.
Iberdrola actively shapes this future through the Circular Economy Commission of the Spanish Chamber of Commerce, serving as a key member of the Circular Economy Advisory Council.