we improve openness and transparency

Tax Transparency

Globally, ACCIONA manages its tax framework and strategy in accordance with the Groups Tax Governance Policy ('Tax Policy'), which has been approved by the Board at a Group level. All updates to the Tax Policy must be proposed to Audit, Risk and Committee of the group for their endorsement and approved by the Board at a Group level.

The tax policy outlines the appropriate course of action required to ensure that all tax risks are managed appropriately and promptly. ACCIONA's tax risk appetite is 'low' - the company does not engage in any tax avoidance schemes or aggressive tax positions, nor does it implement corporate structures that are artificial or opaque. From a tax perspective, all transactions align with underlying business performance.

The company is committed to ensuring that it is compliant with all statutory tax obligations in the jurisdictions in which it operates.

ACCIONA maintains a productive and transparent relationship with revenue authorities, as reflected in the voluntary disclosure of tax information contained in this report. Globally, the ACCIONA Group signed up to Spain's Code of Good Tax Practices in September 2011.


This code was created by the Large Companies Forum in Spain, and is strongly promoted by the Spanish Tax Agency. The aim of the Code is to improve the application of Spain's tax system by enhancing legal certainty, reciprocal cooperation based on good faith and legitimate trust between Tax Agency and companies, and the application of responsible tax policies by the Board of Directors.

    Working to combat the existence and risks of modern slavery

    Modern Slavery Statement

    As part of our commitment to a sustainable future, ACCIONA Energy Australia Global (AEAG)and ACCIONA Energy Oceania Construction (AEOC) as therelevant reporting entities for Australia, have prepared a joint Modern Slavery Statement in line with the requirements of the Australian Modern Slavery Act 2018(Cth) (Act). This is AEAG and AEOC's first Modern Slavery Statement under the Act and is available to view below.

    As the ACCIONA group remains focused on sustainability and the fight against climate change, we believe the link between climate change and modern slavery is important to address. Through our innovation, construction and operation of sustainable energy solutions, we seek to secure a safe and sustainable environment for the global community.

    By securing our environment’s future we are creating a more stable and secure setting for workers. Our approach seeks to mitigate the long-term practices of modern slavery. Long-term mitigation of critical risks potentially makes the greatest contribution to addressing modern slavery.