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EN-Executive summary of the Sustainability Report 2023

ECOAVANTIS

Created on June 24, 2024

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Transcript

Executive summary of the

Sustainability Report 2023

Explore our Sustainability Report 2023

895.20

100%

MWp of operated gross capacity

renewablePure Player

346.65

160,300

Ha restored or protected

tCO2e avoided in operating projects

Driving the energy transition to alow-carbon economy

182

portfolio countries in Europe, US and Latin America

employees, 10% more than in 2022

Advancing sustainability

We continue to work on our Sustainability Master Plan, which guides our efforts on environmental, social and governance (ESG) issues through ten specific objectives:

Environmental

Climate change, energy and biodiversity

In 2023, we updated our materiality assessment, applying a dual materiality approach to assess both the impact of our activities on ESG issues and the impact of these issues on our corporate performance and valuation. As a result, we have identified 18 material issues. Through our progress against our Sustainability Master Plan, we have identified 87 targets within 8 of the Sustainable Development Goals (SDGs) to which we contribute, motivating us to remain steadfast in our commitment to continue to progressively contribute to sustainable development globally.

Social

Diversity, health and safety, and support for local communities

Governance

Business ethics, anti-corruption and transparency

Ethical and transparent governance

From a governance perspective, we strive to integrate sustainability into all our operations, maintaining integrity, honesty and transparency at all times.

Whistleblower channel

Transparency

We launched a new Internal Reporting System (whistleblower channel) to regulate the protection of individuals who report regulatory breaches and/or acts of corruption

We intensified efforts to increase transparency and communication around our key operations, such as the disclosure of annual reports

Our key governance milestones in 2023:

Accounting

0 cases of corruption

Green notes programme

€32.8 million

We implemented a new accounting management tool to improve the integrated management of our financial reporting

We have not identified any cases of corruption within the organisation, nor have we been sanctioned for corrupt practices

We finalised the registration process for our second green notes programme in the Spanish Fixed Income Alternative Market (Mercado Alternativo de Renta Fija, MARF), which will provide the opportunity to access investors who want to back renewable energy projects

net profit achieved

€128 million

financing agreement signed with Santander for the development and start-up of five photovoltaic plants in Spain

Social responsibility

We strive to care for people and drive social progress, benefiting both our employees and the communities in which we operate.

Participation in events

New platform

We established a new platform for the management and approval of our suppliers to ensure compliance with requirements and level of alignment with regulations

various workshops, congresses and conferences in order to share our experience in the field of renewable energies, to keep up to date with the latest developments in the field of renewable energies and to contribute to the impulse of energetic transition

Our commitment ranges from occupational health and safety to sustainable supply chain management. Our key social developments in 2023:

+6%

60

New Workplace Harassment Prevention Protocol

new people added to the workforce

serious accidents

increase in recruitment of women over the previous year, in our quest for greater female representation

Published to safeguard fair and respectful working conditions

+14%

43%

Equality Statement

Increase in the number of training activities compared to the previous year

female representation on our Board of Directors

which lays the foundation for the future Equality Plan we will implement

Environmental management

We recognise the fundamental role we play in the fight against climate change, not only through our production of renewable energies, but also through the impact generated by the development of our activities.

For this reason, we are committed to operating under an environmental protection perspective, ensuring that every action we take contributes effectively to the care and protection of natural resources. Our key environmental milestones in 2023:

100% renewables

Green credit

Carbon footprint

Reduced emissions

Avoided emissions

New techniques

We conserve biodiversity

GHG Emissions