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Creation of shared value
Commitment to communities in the energy transition
Our business model integrated with society turns the energy transition into an opportunity to generate shared value. Through collaboration with communities and local stakeholders, we promote solutions that contribute to social and economic development.
Aligned with the Sustainable Development Goals
Sustainable development goals
ODS 4: Quality education
ODS 7: Affordable and clean energy
ODS 8: Decent work and economic growth
ODS 15: Life on land
ODS 17: Partnerships for the goals
Endesa's commitment to communities is articulated through the Creating Shared Value (CSV) Policy, which defines the company's relationship model with the territories in which it operates.
This approach integrates the social dimension into the business strategy, with the aim of creating long-term value for all stakeholders, minimising impacts and contributing to the development of the environment.
The model is based on solid and lasting relationships with communities, understanding sustainability as a driver to promote profitable solutions, respond to social needs and favour resilient and balanced development.
How is the Creating Shared Value model applied?
The application of the CSV model supports the business and is linked to the energy transition process. In this context, the commitment to communities focuses on three areas.
Future plans for plant closures
The closure of coal plants is addressed through specific plans aimed at mitigating the social and economic impact on the territories. These plans prioritise relocation and training for employment, the promotion of new economic activities and the generation of opportunities that contribute to the reactivation and diversification of the local economy.
CSV plans in renewable projects
Each new renewable project incorporates a Creating Shared Value plan designed in a participatory manner together with local stakeholders.
These plans support the construction of the facilities and are developed based on a methodology applied since 2016. This includes the analysis of the socio-economic and environmental context of the territory, the identification of the main actors, the joint definition of initiatives and the monitoring of the commitments made.
Although each plan responds to the specific priorities of each community, they all share a common approach:
- Sustainable construction.
- Promotion of employment and the local economy.
- Improvement of efficiency and access to electricity supply in the municipality.
Just transition tenders in Spain and Portugal
Participation in just transition tenders in Spain and Portugal reinforces this approach, by integrating social and territorial criteria as a key element in the development of new projects.
Participation in just transition tenders in Spain and Portugal reinforces this approach, by integrating social and territorial criteria as a key element in the development of new projects. This occurred in the tenders in Pego (Portugal, 2021) and Andorra (Teruel, 2022), where socio-economic plans had a decisive weight in the award process.
These processes focus on job creation, training, strengthening the local value chain and territorial cohesion as axes of the energy transition.