- It covers the latest news on climate change and aims to inspire companies operating in Spain to make a real commitment to reducing the greenhouse gas (GHG) emissions linked to their activity.
- The aim of the guide is precisely to provide the keys for large and small companies to learn how to effectively manage their carbon footprint, both in its measurement and in its management.
Today, Endesa and the Club of Excellence in Sustainability presented the second edition of the Guide to Good Practices for CO2 Management in Companies, designed in collaboration with Greemko. The event, held at Endesa's headquarters in Madrid, was inaugurated by José Casas, Endesa's General Manager of Institutional Relations and Regulation, who highlighted the fundamental role of private companies in achieving national targets for reducing greenhouse gas emissions.
The guide includes current developments regarding climate change and aims to inspire companies operating in our country to make their commitment to decarbonisation a reality. The aim of the guide is precisely to provide the keys for large and small companies to learn how to effectively manage their carbon footprint, both in terms of measurement and management. Ultimately, this will help them manage the risks and opportunities related to the GHGs each company is responsible for in a comprehensive and integrated manner, as it covers the emissions associated with the entire business value chain, enabling them to incorporate the "carbon component" into their decision making.
The new 2024 edition is an update of the one already published and presented in May 2018. This year, not only was the context and legislation part updated, but also the methodology, including all the changes that have happened in recent years.
Although it is true that most companies already contemplate strategies and action plans against climate change based on the gradual reduction of the use of fossil fuels, on the commitment to more sustainable energies, and on promoting sustainable mobility, among others, the calculation of the carbon footprint is a fundamental tool through which to have an exhaustive knowledge of the GHG emissions of a company, and thus be able to carry out a correct management of them by designing plans focused on the largest sources of emissions. Endesa has been calculating and verifying its carbon footprint voluntarily since 2009 by developing a calculation methodology and its own IT tool, implementing a management system and determining a full inventory of GHG emissions and removals. This indicator enables the company to design the main climate strategies and set emission reduction targets.
Jorge Pina, Environmental Manager at Endesa, and Jorge Portillo, CEO of Greemko, explained the structure and methodology of the Guide, highlighting that calculating the carbon footprint allows a better understanding of the impact of activity.
The last part of the event was dedicated to good business practices in the fight against climate change. It began with a presentation by Roberto García, Endesa's Environmental Expert, on Endesa's Internal Carbon Price (PIC) project, a groundbreaking initiative by the company, which serves to calculate and put a price on the company's CO₂ emissions as a result of the day-to-day activities of its employees, both individually and collectively. This project arose as a result of the ambition to go beyond what is included in the company's Strategic Plan, which is committed to the energy transition with the aim of becoming a company with 100% renewable generation by 2040. The Plan places decarbonisation at the heart of Endesa's strategy and affirms an ambitious path of emissions reduction that has already begun, thus bringing the company in line with the 1.5ºC scenario of the Science Based Target Initiative.
"Acting on these GHG emissions produced by Endesa's daily activity allows us to demonstrate exemplary behaviour, as well as affirm that the electrification of society is key to achieving this. If we want to be a net-zero emissions company by 2040, we all have to get involved, since the planet belongs to everyone," says Roberto García of Endesa.
The rest of the speakers included Francisco José Huete, Director of Management Systems at FCC Medio Ambiente, José Antonio Blázquez, Head of Reporting in the Sustainable Technical Management Department at Aqualia, Esther Morillas, VP of Public Affairs, Communication and Sustainability Coca-Cola Europacific Partners Iberia and Manuela Manzano Zahinos, Head of Industry Solutions at Saint-Gobain.
Good business practices
The publication includes different examples of relevant business initiatives, such as Endesa's Internal Carbon Price (PIC) project. Endesa, as an electricity company, plays a crucial role in the energy transformation of society, as do the practices of Abb, Accenture, Aldi, Aqualia, Bayer, Cabify, Coca-Cola Europacific Partners, DKV, FCC, Grupo Lactalis, Henkel, Nacex, Isover Saint-Gobain, Sanitas, Unilever and Vodafone Spain.
The report can be downloaded from the publications section of the Excellence in Sustainability Club website: https://clubsostenibilidad.org/publicaciones/
About the Excellence in Sustainability Club
The Excellence in Sustainability Club is a business association made up of a group of large companies that are committed to sustainable growth from an economic, social and environmental point of view, making it the leading forum in Spain for the dissemination and promotion of responsible practices.
These companies include: Adecco Spain, BASF Spain, Endesa, FCC, Iberdrola, Orange Spain, Saint-Gobain Placo, Redeia.
About Endesa
Endesa is a leading electricity company in Spain and the second largest in Portugal. In addition, it is the second largest gas operator in the Spanish market. It undertakes end-to-end business including the generation, distribution and retailing of electricity. It also offers electric mobility services, where it is one of the main operators of charging stations in Spain, and, through the Endesa X brand, value-added services aimed at the electrification of energy uses in homes, companies, industries and public administrations. Endesa is firmly committed to the United Nations SDGs and strongly supports the development of renewable energies through Enel Green Power España, the digitalisation of grids through e-distribución and corporate social responsibility (CSR). The Endesa Foundation is also active in CSR. Our workforce numbers around 9,000 employees. Endesa is a division of Enel, the largest electricity group in Europe.