Energy Digital Magazine April 2024 | Page 43

IBERDROLA
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IBERDROLA

MARKET CAP : US $ 74.6bn REVENUE : US $ 5.2bn EMPLOYEES : 42,276 CEO : ARMANDO MARTÍNEZ MARTÍNEZ FOUNDED : 1992
Iberdrola aims to reconcile its growth in renewables and grids with the goal of achieving carbon neutrality in Scopes 1 and 2 by 2030 and net-zero emissions before 2040 for all scopes , including Scope 3 . Its 2023-2025 Investment Plan is based on more electricity grids and selective growth in renewables , to promote a safe , clean and competitive system that will accelerate the energy transition . The brand prides itself as an international benchmark for sustainability , transforming its business model to make it more sustainable .
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