Transparency implies being accountable about the aims and the progress made in the implementation of the initiatives included in the Sustainability Master Plan (SMP). This is one of the Company’s most relevant areas of work, given that it reveals to its stakeholders the compliance with its commitments in a measurable and quantifiable manner. The periodical review of the progress made by the Master Plan makes it possible to make the necessary adjustments and guarantee that the set goals are reached, respond to the expectations of the stakeholders and to the Company’s commitment to improving its performance in sustainability.
ACCIONA is accountable to its stakeholders in different ways:
The Sustainability Report is published on a yearly basis and has been prepared in accordance with the Principles for the drafting of reports set out within the Standard 101 of the Global Reporting Initiative (GRI). Compliance with these guidelines ensures that the information contained in this Report is reliable, complete and balanced. The company believes that the Sustainability Report 2017 has been prepared in accordance with the GRI Standards: Comprehensive option.
In 2017, for the fith consecutive year, ACCIONA drafted its Integrated Report under the framework of the International Integrated Reporting Council (IIRC). The aim was to look into the future of the company's business model and explain how the strategy helps to create value in the short, medium and long term.
Following the principle of integration, the report concisely presents the ability to forecast, adapt and generate value of each of the activities that the company carries out, focusing on both the performance and results as well as on the challenges and opportunities that may arise within the context in which ACCIONA operates.
Through its annual Communication on Progress, the company is accountable of the progress made in the implementation and promotion of the UN Global Compact's principles and the goals set out in terms of human rights, labour, environment and anticorruption as well as the progress of the company in achieving the Sustainable Development Objectives (SDGs) .
In this sense, in 2018, ACCIONA published its annual Communication on Progress, obtaining 'advanced level' for the eighth consecutive year.
ACCIONA includes a sustainability appendix in its quarterly results reports. It discloses information on the Company’s presence in sustainability indices and highlights some significant events in sustainability issues in each period.
Economic, environmental and social performance is studied by a large number of specialist agencies; this leads to the existence of specific indexes and reports.