Sustainable commitment

Naturgy’s targets are linked to four strategic environmental pillars:

 Environmental management and governance

 Climate change and energy transition

 Circular economy and eco-efficiency

 Natural capital and biodiversity

The basic principles considered within these pillars are as follows:

 Environmental management and governance

1. To guarantee compliance with environmental legislation and more demanding voluntary requirements; anticipating adaptation to new regulations as far as possible.
2. To prevent pollution and reduce environmental impacts throughout the value chain by encouraging the involvement of employees, partner companies and stakeholders.
3. To integrate the environment into risk and opportunity management, as well as into mergers and asset acquisitions by conducting environmental due diligence processes.
4. To set targets that foster ongoing improvement in environmental performance.
5. To have an externally audited and certified environmental management system based on the criteria of the Global Integrated Management System Policy.
6. To foster transparency, in line with international reporting standards, to facilitate communication with our stakeholders.
7. To support the spread of knowledge and raise awareness about energy and the environment, and encouraging constructive dialogue with public authorities, NGOs, universities, customers and other stakeholders.

 Climate change and energy transition

8. To promote renewable energies, natural gas and energy saving and efficiency as key components of a low-carbon model.
9. To offer solutions for cities and road and maritime transport capable of reducing emissions and improving air quality.
10. To innovate in technologies and business models capable of helping to reduce greenhouse gas emissions.
11. To back international climate change negotiations and the market mechanisms capable of fostering the development of more suitable technologies at each stage of the energy transition.

 Circular economy and eco-efficiency

12. To promote the circular economy by using resources efficiently (energy, water, etc.) and the management of waste to reduce the environmental impacts on our environment.
13. Foster renewable gas as an energy and storage vector to facilitate the transition to a circular, low-carbon economic model.

 Natural capital and biodiversity

14. To respect the natural capital, biodiversity and cultural heritage of the environments in which the group operates.
15. To advance towards no net loss of biodiversity, with a preventive approach (impact mitigation hierarchy), implementing best practices and encouraging the creation of natural capital.