Main points to engage Iberdrola 

As a priority, financial institutions should require Iberdrola to: 

  • Commit to a target to reach net zero by 2035 in EU/OECD countries and by 2040 for the rest of the world
  • Provide a plant-by-plant closure plan for its gas plants
  • Commit to close and not to sell or convert gas plants

Iberdrola overview

Revenues

49.3 M€

 Installed
gas capacities

17.5 GW

Planned
gas capacities

0 GW

Carbon
intensity

55 gCO2/kWh

Coal
phase-out

No coal

Gas
phase-out

None

Net zero objective

2040

Iberdrola Energy mix

Iberdrola investment strategy

Iberdrola fossil developments plan

Last updated: 05/2024