Our culture: doing things properly
Our contribution to the SDG: Sustainable Management Plan
At Enagás we are aware of the role companies play in the field of opportunity set out by the Sustainable Development Goals (SDG) and we have thus integrated them into our strategy.
On the one hand, the company’s mission (see the ‘Enagás: Good New Energy’ section) outlines access to energy and the construction of resilient infrastructures. In addition, the development and management of gas infrastructures and a guaranteed supply are key aspects of our business. Moreover, sustainability is one of the company’s strategic priorities for the 2017–2020 period (see the ‘Our project for the future’ section) and this is undertaken by the Sustainable Management Plan.
Structured according to material issues and fuelled by different evaluation tools, integrated management system audits, EFQM evaluations, sustainability indexes and consultations with stakeholders, this Plan integrates the company’s continuous innovation and improvement initiatives to achieve sustainable results. The Sustainable Management Plan has been approved by the Sustainability Committee and by the Appointments, Remuneration and CSR Committee.
Via lines of action in spheres such as human capital management, climate change and energy efficiency, among others, Enagás contributes significantly to the goals outlined in the scope of the SDG as can be seen in the following chart and explained on the ‘Creation of Value for our Stakeholders’ section.
Below are the SDG that are most aligned with the business and on which the company focuses its main actions with regard to sustainability:
Sustained, inclusive and sustainable economic growth, full and productive employment and decent work
Furthermore, we are upholding our commitment to our shareholders independently of market conditions, and their remuneration continues to be one of the strategic priorities at Enagás. (See the chapter on ‘Human capital management’)
Enagás aims to maintain stable, quality employment via high rates of permanent contracts and low voluntary turnover rates. In addition, with regard to remuneration for our shareholders, the company is committed to increasing the dividend by 5% annually until 2020 (see section “Interview with the Executive Chairman”).
Enagás encourages internal and external projects to spot and boost women’s talent: This has led to an increase of 3% of women in the workforce and maintained the percentage of women in management positions at around 25% this past year. As a Family-Friendly Company since 2007, Enagás has introduced over 90 work-life balance measures that foster the promotion of co-responsibility and equal opportunities.
(See the chapter on ‘Human capital management’).
Enagás is committed to increasing the number of women on the Board to 30% by 2020 (see the chapter on “Good Governance”), as well as increasing – from 21% to 25% – the number of women in pre-management and management positions by 2018. The company achieved this last goal in 2016 as it went beyond 30%.
Access to affordable,
Building resilient infrastructure, promoting inclusive, sustainable industrialisation and innovation
The strategic 2017-2020 priorities include contributing to energy security and the diversification of supplies in Europe, positioning itself as a strategic operator in growing markets and promoting the substitution of the most polluting fuels.
Measures to combat climate change and its effects
In 2016 Enagás managed to reduce its carbon footprint by 5% compared to the previous year.
In 2016 it also managed to avoid emitting over 92,000 tonnes of CO2 into the atmosphere thanks to the implementation of energy efficiency measures. Energy efficiency is a key area in which Enagás continues to work by establishing annual energy-intensity targets at each of its facilities, and this is also linked to the variable remuneration of its employees. See the chapter on ‘Climate change and energy efficiency’).
Included in its long-term incentive plan, and in order to continue along this path of emissions reduction, the company has set a long-term goal of reducing its emissions by 30% in the period spanning 2016-2018.
Sustainable use of terrestrial ecosystems and halting of the loss of biological diversity
During study phases, prior to the construction of infrastructures, Enagás develops measures whose aim is to protect biodiversity; these include using the corridors of other infrastructures or using narrow work tracks. Once construction has started, other measures are put in place to protect and conserve flora and fauna, including the revegetation of land, the restoration of waterway banks and soil, and the transfer of specimens to similar habitats nearby. (See the chapter on ‘Environmental management’).
In 2016, Enagás approved Corporate Biodiversity Guidelines that set out preventive measures for biodiversity conservation (see the chapter on “Environmental management”).
Partnerships for achieving the objectives
Enagás has been a member of the United Nations Global Compact since 2003 and annually renews its commitment to the ten principles of the Global Compact.
With regard to corporate social responsibility, the company is a partner of Forética as well as the SERES Sociedad y Empresa Responsable Foundation.
In the sphere ofclimate change, the company supports the We Mean Business initiative to make the most of the opportunities for economic growth, employment and prosperity offered by the transition to a low-carbon economy; it also belongs to the Grupo Español para el Crecimiento Verde (Spanish Group for Green Growth) and supports the initiative Action for the Climate.
In addition, in people-related spheres such as equality, diversity and the development of talent, Enagás has signed various collaboration agreements with public administrations, foundations and associations (it belongs to the Diversity Charter, participates in the project Promociona, etc.). (See the chapters on ‘Contents of the Global Compact’, ‘Climate Change and Energy Efficiency’ and ‘Human Capital Management’).