Cuerva publishes its first Sustainability Report: a reflection of its commitment to sustainable development

A comprehensive focus on the environment, people and responsible governance.

The company demonstrates its transparency with the voluntary publication of this Report, sharing its key sustainability policies and commitments.

Granada. 07/11/2024. Cuerva, a company with more than 80 years of experience in the energy sector, has published its first Sustainability Report, developed in collaboration with SGS and in accordance with the GRI methodology (Global Reporting Initiative).

This first comprehensive document, prepared on a voluntary basis and without regulatory requirements, offers an in-depth view of the company's achievements and challenges in sustainability and details its ongoing commitment to the positive social and environmental impact of its operations.

With this Report, Cuerva reinforces its intention to share its main economic, environmental and social performance data with all its stakeholders, and will continue to do so in the future, as it is working on the next one, in order to continue to be transparent and honest.

With an international presence and strong roots in family values, Cuerva continues to collaborate in the transformation of the energy sector through a vision focused on innovation and the well-being of the communities it serves. In this Sustainability Report, Cuerva reaffirms its responsibility to the environment and people, integrating the aforementioned Global Reporting Initiative (GRI) standards and aligning itself with the UN Sustainable Development Goals (SDGs). The non-governmental organization GRI promotes consistent business management with high values in the Environmental, Social and Corporate Governance (ESG) áreas.

A sustainable and innovation-focused business model

The Report addresses fundamental issues that reflect the essence and values of Cuerva, such as responsible resource management and business ethics. In addition, this report highlights how the company has evolved to adapt to the current and future needs of the energy sector. From its focus on clean energy - including solar, hydro and wind energy projects - to its work in circular economy and network digitalization, seeking to optimize the use of resources and reduce their environmental impact.

Key aspects of the Report:

— Reduction of environmental footprint: Cuerva details in the report its efforts to reduce greenhouse gas (GHG) emissions and its commitment to calculating its carbon footprint under GHG Protocol guidelines. Measures include the electrification of its fleet and the improvement of energy efficiency in its facilities.

— Commitment to human rights and fair labor practices: The company underscores its commitment to the equality and well-being of its employees by promoting a safe and accessible work environment. Initiatives range from training to inclusive diversity policies.

— Governance and ethics: Cuerva reiterates its commitment to business ethics, applying rigorous risk control and corruption and bribery prevention mechanisms in all its operations, thus complying with the highest standards of governance.

Cuerva and its impact on society and the environment

The Sustainability Report emphasizes Cuerva's role in the development of the communities in which it operates. In its search for a positive impact, the company actively collaborates with national and international organizations to improve accessibility and energy sustainability in rural and urban areas. 
As part of its commitment, Cuerva participates in the joint CSR, CSR and Inclusion Commission project of the Chamber of Commerce of Granada and the Granada Confederation of Businessmen, with the aim of driving improvement in the SDGs in companies in the region. This collective effort reflects its commitment to generate a tangible and sustainable social impact.

Download and consult the Report

To learn more about the company's key sustainability policies and commitments and its efforts in areas such as environmental management, corporate social responsibility and governance, you can access the complete document by visiting Cuerva's website in its Corporate Social Responsibility section.