Enagás meets all the objectives of the new Social Action Strategy

Corporate Events
22 March 2024
  •  The company has hosted the first LBG Spain Group meeting of 2024, a benchmark in social action measurement, at its headquarters     

In 2023, Enagás achieved all the annual targets set out in its 2023-2030 Social Action Strategy. The company updated the Social Action Strategy in 2022 to align it with the objectives set out in its Strategic Plan. 



In this first year of implementation, Enagás has surpassed the global objective that was set as the main focus of this strategy: that at least 60% of economic contributions in the social sphere to be directed towards socio-economic development initiatives related to security of supply, decarbonisation and energy transition in the region.

In addition, the company has met its collaboration objectives in the areas of education, culture, health and vulnerable groups; and in the local sphere, prioritising actions in communities with their own infrastructures or projects.

Enagás also continues to promote volunteering initiatives in line with the scenarios envisaged in this strategy. In 2023, the first Enagás Volunteering Week was launched and 32 actions were promoted in which more than 600 professionals took part.

In total, the company has earmarked 0.5% of its net profit for social investment in 2023.

Proactive management, active listening and the creation of strategic alliances are the principles that govern Enagás' Social Action Strategy, aligned with the Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda. In order to meet the objectives established and its commitments to transparency in reporting, Enagás applies the London Benchmarking Group (LBG) methodology, recognised by the Dow Jones Sustainability Index as a standard for the management, measurement and communication of corporate social action.

In March Enagás hosted at its headquarters the first meeting of 2024 of the LBG Spain Group, which is actively working to share and incorporate the best practices of this methodology. Enagás joined the group, which currently has 21 member companies, in April 2022:  Arbertis, Acciona, Agbar, Bankinter, BBVA, DKV, Enagás, Enagás, Endesa, Ferrovial, Gestamp, Globalia, Heineken, Hijos de Rivera, Iberdrola, Ikea, Inditex, Merlin, Redeia, Samsung, Santander and Serveo.



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