- The United Nations Global Compact initiative helps companies and organizations in more than 160 countries to align their business strategies with the 17 Sustainable Development Goals (SDGs) set out in the UN 2030 Agenda for Sustainable Development.
- By joining this initiative, Opdenergy reinforces its commitment to the values set out in the Ten Universal Principles on human rights, labour standards, environment and anti-corruption that inspired the creation of the UN Global Compact
Madrid, 05th June 2023.– Opdenergy, an independent renewable energy producer, joins the United Nations Global Compact, a global initiative of the United Nations that promotes corporate sustainability around the world. This initiative aims to provide member entities with an action framework based on principles, best practices, resources, tools and networking to help companies and organizations align their strategies and operations with the 17 Sustainable Development Goals (SDGs) and 169 specific targets to be developed in the 2030 Agenda for Sustainable Development.
By joining this initiative, Opdenergy reinforces its commitment to the values set out in the Ten Universal Principles on human rights, labour standards, environment and anti-corruption that inspired the creation of the UN Global Compact and commits to communicate and publish its progress on sustainability through an annual sustainability or progress report.
The company, since its inception, has as a fundamental principle a sustainable way of doing business based on clean energy, respect for the environment, society and good governance, as its CEO, Luis Cid, comments: “At Opdenergy we have been working for some time to advance in the implementation of a sustainability strategy that is included in our Sustainability Master Plan 2025. Thus, our investments are mainly oriented towards the use of renewable sources for the promotion of a low-carbon economy, we promote local employment and integration and we maintain strong ethical values”. Furthermore, highlighting the importance of the SDGs, Opdenergy’s CEO states: “We are aware of the importance of the SDGs as agents of change and are therefore committed to advancing and contributing to their achievement by incorporating them as part of our business strategy. As a renewable energy producer, we carry in our DNA the responsibility to fight against climate change and energy transition, so we place environmental sustainability at the heart of our strategy, in line with the company’s corporate mission and vision”.
In particular, this adherence builds on the objective of maintaining high standards of business ethics, formally established by Opdenergy within its strategy, by reinforcing its alignment with recognized human rights initiatives and enables participation in initiatives such as the accelerator programs, which will help increase ambition in areas such as climate action.
Opdenergy is an independent renewable energy producer, or IPP, in Europe, the United States and Latin America with more than 17 years of experience. The company develops, builds, finances, manages and operates high quality renewable energy projects in several countries. Opdenergy has a portfolio of 2.4GW of assets in operation, under construction and pre-construction. In addition, Opdenergy has an additional portfolio of projects in different stages of development of around 12,7GW that support its growth strategy.
Opdenergy plays an important role in the decarbonization of energy in the different countries in which it operates. It is present and has projects in the pipeline in five European markets (Spain, Italy, United Kingdom, France and Poland), in the United States and in three Latin American markets (Chile, Mexico and Colombia).
Opdenergy has been listed on the Spanish continuous market since July 2022 (BME:OPDE).
About UN Global Compact Spain
The UN Global Compact is the United Nations initiative that leads corporate sustainability in the world. It has more than 20 years of experience and more than 70 local networks at a global level, including the Spanish network which, since its creation, is one of the first national platforms of the Global Compact and one of the local networks with the largest number of associated entities, with 1,480. Its objective is to promote the implementation of the Ten Principles of the Global Compact while at the same time promoting the integration of the Sustainable Development Goals in the business sector, being the only organization with a mandate from the United Nations for this purpose.