Iberdrola | Sustainability Performance

SBTi targets and commitments

Target details

Overall Net-Zero Target Iberdrola SA commits to reach net-zero greenhouse gas emissions across the value chain by 2039 from a 2020 base year. Near-Term Targets Iberdrola SA commits to reduce absolute scope 1, 2 and 3 GHG emissions 65% by 2030 from a 2020 base year. Within that target, Iberdrola SA commits to reduce scope 1 and 2 GHG emissions from power generation 83% per kWh by 2030 from a 2020 base year. Iberdrola SA also commits to reduce scope 1 and 3 GHG emissions from fuel and energy related activities covering all sold electricity 85% per kWh within the same timeframe. Iberdrola SA further commits to reduce absolute scope 3 GHG emissions from use of sold products 42% within the same timeframe. Iberdrola SA finally commits to reduce all remaining absolute scope 3 GHG emissions 46% within the same timeframe. Long-Term Targets Iberdrola commits to reduce scope 1, 2 and 3 emissions 90% by 2039 from a 2020 base year. Within that target, Iberdrola SA commits to reduce scope 1 and 2 GHG emissions from power generation 84% per kWh by 2039 from a 2020 base year. Iberdrola SA also commits to reduce scope 1 and 3 GHG emissions from fuel and energy related activities covering all sold electricity 95% per kWh within the same timeframe. Iberdrola SA further commits to reduce absolute scope 3 GHG emissions from use of sold products 90% within the same timeframe. Iberdrola SA finally commits to reduce all remaining absolute scope 3 GHG emissions 90% within the same timeframe.