Our Philosophy
At IEnova, we view sustainability as a path of continuous improvement and to the creation of value for our shareholders, employees, clients and the communities to which we belong, based on three fundamental pillars: environmental, social and economic, all founded on ethics and corporate governance.
We are IEnova
- 1,400 employees.
- Three business segments: Gas, Power and Storage.
- More than 136,000* industrial, commercial, and residential customers.
- 3,391 km** of pipelines to transport natural gas, LPG, and ethane.
- 1,666 megawatts*** (MW) of capacity to generate electric power.
*As of December 31st, 2019.
**Includes 100% of kilometers of pipelines in operation, under construction, and in joint ventures.
***Includes the capacity for generating electricity of the assets in operation as well as projects under construction and development.
Strategy and Sustainability Model
By integrating sustainability into IEnova's business model, we aim to be a leading company in the energy sector in Mexico with sustained growth, all while respecting the environment and developing and maintaining long-term and mutually beneficial relationships with our stakeholders.
IEnova's sustainability strategy is a key component of the company's overall business strategy, as well as in its integrated risk management process (economic, environmental and social). Sustainability is implemented through specific actions focused on the key issues that are material to IEnova and its stakeholders.
Aligned with our strategy, we are part of the Global Compact of the United Nations with its ten universal principles on human rights, labor standards, environment and anti-corruption. Through our actions, we strengthen our commitment to the Global Compact and to the United Nations Sustainable Development Goals.
Sustainability Management
The structure we use to implement and bring sustainability to each of our employees in their daily activities and business vision is the Sustainability Committee and the Sustainability Commissions.
For the implementation of the sustainability strategy of IEnova we integrate seven Sustainability Commissions:
- Ethics and Corporate Governance Commission
- Environment and Health and Safety Commission
- Engineering & Construction Commission
- Natural Gas Operations Commission
- Power & Storage Operations Commission
- Social Management and Supply Chain Commission
- Talent and Culture Management Commission
The Sustainability Committee is chaired by the Chief Sustainability, Corporate and Public Affairs Officer. Its purpose is to approve IEnova's sustainability strategy and define related policies and guidelines. Also it ensures that the seven Commissions meet the objectives assigned to them. The Sustainability Committee in its sessions reviews the challenges set.
In addition, the Chairman of the Committee presents the progress achieved in this subject to our Board of Directors.
Starting in 2015, in compliance with the bylaws, the Chairman of the Sustainability Committee reported to the Corporate Practices Committee of the Board of Directors describing the committee's results. The Corporate Practices Committee collaborates with the IEnova Board of Directors in supervising, implementing, and monitoring sustainability issues (Talent and culture management, community, and environment, among others).
For more information, we invite you to read our Sustainability Policy available at Reports and Policies.
Sustainability Management Structure
Stakeholders
IEnova's stakeholders are formed by individuals, groups of people and organizations with whom we have a link as a result of our operations. Our base stakeholders are:
Constant communication is fundamental to establish, prioritize and address the issues relevant to our stakeholders. This strategy of on-going dialogue through different channels has made the relationship of mutual benefit with them possible.
For more information about frequency and mechanisms to increase communication with our stakeholders, we invite you to read our 2019 Sustainability Report available at Reports and Policies.