Company Directory - Iberdrola, S.A.
Company Details - Iberdrola, S.A.
Iberdrola, S.A.
WebsiteBilbao, Spain
Iberdrola, S.A. is a multinational electric utility company based in Bilbao, Spain. The company is a global leader in renewable energy generation and power distribution, committed to innovation and sustainability in the energy sector.
CCI Score
CCI Score: Iberdrola, S.A.
38.54
-0.03%
Latest Event
Iberdrola S.A. Political Influence Profile
The OpenSecrets profile reveals that Iberdrola S.A. engaged in significant political contributions and lobbying efforts in 2024, including a notable lobby spend and a revolving door dynamic among its lobbyists.
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DISSENTER
Iberdrola, S.A. is currently rated as a Dissenter.
Latest Events
- DEC312024
The OpenSecrets profile reveals that Iberdrola S.A. engaged in significant political contributions and lobbying efforts in 2024, including a notable lobby spend and a revolving door dynamic among its lobbyists.
-40
Political Contributions and Lobbying Efforts
March 20
Iberdrola S.A. spent $1,040,000 on lobbying and contributed over $411,000 in the 2024 cycle. This level of political spending suggests a strong reliance on monetary influence to shape policy outcomes, which can undermine democratic processes and enable authoritarian practices.
-30
Executive Political Engagement
March 20
Revolving door data shows that 10 out of 18 Iberdrola S.A. lobbyists in 2024 had previously held government positions. This pattern raises concerns about the use of political relationships to influence policy, reflecting corporate engagement that may subvert democratic accountability.
- MAR012024
Iberdrola announced a €41 billion investment plan for 2024-2026 focused on strengthening renewable energy infrastructure, grids, and storage capacity across stable regulatory markets. The plan emphasizes sustainable energy production and modernization of grid technologies, aligning with democratic principles and transparent business practices.
+80
Public and Political Behavior
March 20
Iberdrola's strategic plan emphasizes investments in public energy infrastructure within stable and democratic frameworks. There is no evidence of political contributions or lobbying that could support authoritarian policies, which positions the company favorably in terms of public and political behavior.
+70
Business Practices and Ethical Responsibility
March 20
The plan underscores a commitment to ethical and sustainable business practices through significant investments in renewable energy and infrastructure. Although detailed labor relations information is limited, the overall strategic focus reflects a responsible approach to social and environmental challenges.
+75
Technology and Services Impact
March 20
Investments outlined in the strategic plan include significant upgrades in grid automation and cybersecurity measures. This focus on technological enhancements is geared towards efficiency and improved customer service, with no indication of the provision or support of repressive technologies.
+80
Economic and Structural Influence
March 20
Iberdrola’s strategic focus on directing investments towards markets with A-rated, stable regulatory frameworks reinforces democratic institutions. Their economic decisions steer clear of collaborations with regimes that could undermine accountability, aligning with broader anti-authoritarian values.
- JAN012023
Iberdrola demonstrates a clear commitment to political neutrality by strictly adhering to legal restrictions on political contributions and engaging transparently with public institutions. The company’s participation in public consultations and its emphasis on sustainable, climate-focused policies reflect its non-complicity in practices that might support authoritarian agendas.
+80
Public and Political Behavior
March 20
Iberdrola maintains a politically neutral stance by refraining from political contributions (as mandated by law in Spain) and by actively participating in transparent public consultations. Their alignment with sustainable development and adherence to European regulations illustrate a responsible approach, distancing the company from any support of authoritarian or fascist practices.
- DEC012020
Iberdrola has reaffirmed its commitment to human rights by implementing a comprehensive human rights due diligence system and enforcing strict ethical standards within its supply chain. With policies approved and regularly updated, the company demonstrates robust adherence to international human rights and labor standards, reinforcing its leadership in sustainable energy.
+90
Labor Relations and Human Rights Practices
March 20
Iberdrola’s detailed human rights policy, established since 2015 and updated in December 2020, along with its comprehensive human rights due diligence system, indicate a strong commitment to labor and human rights practices. Regular assessments across its 259 operational sites further underscore its proactive approach to safeguarding worker rights and ensuring compliance with international standards.
+85
Supply Chain Ethics
March 20
Iberdrola enforces stringent supply chain ethics by integrating social responsibility clauses into its supplier contracts and routinely auditing supplier practices. The proactive oversight ensures that suppliers adhere to international labor standards, helping mitigate risks related to forced labor and other human rights abuses.
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