Reducing Emissions
All companies should focus on reducing the greenhouse gases emitted by their activity.
Greenhouse gas emissions are seen at all levels of industry, not only in the production of goods and the implementation of services, but also in all the indirect activities needed to add value for the end client. With the goal of achieving a decarbonized economy, we follow a series of guidelines published in the 2030 Agenda to reduce emissions.
Measuring and Reducing Emissions
The first step to controlling and reducing CO2 emissions consists of measuring our carbon footprint. Since 2009, we have been auditing 100% of our greenhouse gas emissions and dividing them into two categories: those that come from our activity (Scope 1 and 2) and those that come from the value chain (Scope 3).
This division allows us to establish different objectives for each activity. Our greenhouse gas (GHG) reduction objectives for our operations (Scope 1 and 2) have been approved by the Science Based Targets initiative (SBTi), which are in line with science. Our objective for Scope 3 GHGs complies with SBTi criteria, in line with the best current practices.
2030 Plan
We have committed to reducing the emissions of Scopes 1 and 2 by 32% by 2030, using 2009 as our base year. This is equivalent to reducing emissions by 42.9% for every one million euros of revenue. We also undertake to reduce Scope 3 emissions by 20% by 2030, using 2012 as our base year.
Since 2009 we have reduced our Scope 1 and 2 emissions by 14%, the established objective. This means we are complying with our roadmap. In absolute terms, we have reduced our Scope 3 by 23%. According to our estimations, since 2018 we have prevented the emission of almost 1.333.522 tCO2e into the atmosphere. We will continue forward with this these valuable efforts that place us on the most prestigious sustainability indices year after year. Evolution of Emissions.
Evolution of Emissions
BY BUSINESS | 2009 (base-year) | 2019 | 2020 | 2021 |
Infrastructure | 6,024 | 2,053 | 2,018 | 1,784 |
Construction | 163,232 | 192,325 | 192,539 | 169,737 |
Airports | 41 | 17 | 13 | 13 |
Corporation | 375 | 219 | 151 | 166 |
TOTAL without Services | 169,672 | 194,614 | 194,722 | 171,699 |
Services | 722,624 | 694,356 | 600,795 | 589,614 |
TOTAL with Services | 892,296 | 888,971 | 795,517 | 761,314 |