21/12/2011 IBERDROLA WINS THE EUROPEAN BUSINESS AWARD FOR THE ENVIRONMENT IN THE BASQUE COUNTRY

IBERDROLA is a winner of the 2011-2012 European Business Awards for the Environment in the sustainable development management category.
The awards, which recognise companies’ environmental commitment, were given by of Spanish Minister for the Environment Pillar Unzalu at a ceremony held at the Champs Élysées Theatre of Bilbao.
According to Pillar Unzalu “These companies have proven that the environment does not hamper economic growth. Rather, it provides an excellent opportunity to generate wealth, make companies more competitive, created quality jobs and raise the level of social well-being”.
The jury panel assessed candidates’ contribution to achieving the Basque Country 2010-2014 Eco-efficiency Programme goals. Over 300 Basque organisations are involved in this programme, which aims to enhance the competitiveness of Basque business by integrating environmental criteria into their management.
This award vindicates IBERDROLA’s efforts to be one of the most sustainable companies. Company initiatives include promoting renewable energies, reducing CO2 emissions and preserving biodiversity.
This award comes on top of others received by the IBERDROLA Group lately, e.g. honourable mention in the European Business Awards, the only Spanish utility in the ET Carbon Global ranking. IBERDROLA has also been named the world’s top power company in the 2011 Global 100 Most Sustainable Corporations index and has been included in the Dow Jones Sustainability index since its creation.
The European Business Awards for the Environment were established by the European Commission Environment Directorate-General in 1987 on the occasion of the European Year of the Environment. They recognise and reward European companies that set an example by successfully bringing together innovation, economic viability and environmental concerns. They are the most prestigious awards in corporate sustainable development.