In 2020, we made a commitment to limit the increase in global warming by 1.5°C, in line with the Science-Based Targets (SBTi) in partnership with the United Nations Global Compact and the We Mean Business coalition.
We have set a target to reduce our emissions in line with the Paris Agreement and the 2030 Agenda. This ambition includes, not only emissions resulting from our activity, but also those derived from our value chain and, to this end, we have set intermediate targets in 2023, 2026, and 2030. In this way, we are moving towards the energy transition and an increasingly decarbonized future.
Challenge: Eco-efficient air-conditioning of workplaces, giving priority to electric boilers and replacing fluorinated gases with less polluting versions.
Challenge: Optimize commuting and business travels and use more efficient means of transportation.
Challenge: Increase the use of renewable energy by establishing purchase agreements for green energy certified at source in all geographies, starting with the most relevant ones.
Challenge: Reduce the environmental footprint of purchases, including environmental criteria in the approval and selection of suppliers.
Indra has performed an assessment of both material physical and transition risks related to climate change using qualitative and quantitative climate-related scenario analysis: the RCP 2.6 "very stringent" pathway and RCP 8.5 “business as usual” scenario developed by the Intergovernmental Panel on Climate Change (IPCC); the 2DS and the STEPS (Stated Policies Scenario) of the International Energy Agency (IEA).
The scope of the assessment includes Indra’s own operations as well as context-specific assessment of the physical impacts of climate change, and is also based on potential scenarios for legislation, technological development or market conditions that could affect the company operations. The analysis is consistent with the long-term strategy of the company.
As a result of the assessment conducted, Indra has defined action plans for each of the most relevant risks. These action plans respond to the specific physical risks of each activity. The horizons of each of these action plans are adapted to each risk and may contemplate actions for the next 5, 10 or 30 years. The ESG Plan 2024-26 also addresses climate change risks from a global company perspective, including actions that go far beyond its horizon.
It is important to highlight that, through its affiliate Minsait, the group has an Energy business line that contributes to promoting sustainability, control and efficiency for utility companies. More information on the services and solutions provided to the Energy sector is available here.