IENOVA AND SUSTAINABILITY
WE ARE FIRMLY COMMITTED TO A COMPREHENSIVE VISION OF SUSTAINABILITY. EACH OF OUR ACTIONS IS GEARED TOWARDS GENERATING SOCIAL, ENVIRONMENTAL, AND ECONOMIC VALUE.
The model is based on our strict culture of ethics and corporate governance and is focused on three pillars for action: social, environmental, and economic.
The tasks of the Sustainability Committee include reviewing and approving the sustainability strategy. It is also in charge of supervising and ensuring compliance with the activities of the Sustainability Commissions; monitoring the S&P/BMV Total Mexico ESG Index and the inclusion of IEnova in this and other sustainability indexes; reviewing and authorizing the content of the Sustainability Report; and ensuring that all employees read and adhere to the company’s Sustainability Policy.
1 This commission was created in February 2021.
In 2020, we updated our 2019 materiality assessment1 to confirm that the material topics that we had previously identified are still relevant and to strengthen our matrix with elements that may have become more important over the course of the year.
Our materiality matrix update included the analysis of:
Academic publications
Opinions and positions of global investors
SASB Materiality Map
Relevant ESG assessment methodologies2
Insights of IEnova’s senior management
Suppliers’ biennial ESG evaluation results
1 We used the definitions employed by GRI and SASB to assess the materiality of our topics based on whether: (i) they have or could have an impact on the business, (ii) they include internal and external factors that can be influenced by or controlled by the company, and (iii) are not solely financial or operational aspects
2 S&P Global, MSCI, FTSE, Vigeo Eiris, Sustainalytics, and GPTW.
Aware of the challenges we face as a society and to comply with our commitment to our stakeholders, in 2020 the Sustainability Committee conducted an in-depth analysis of our operations to define ambitious, achievable, and high-impact sustainability goals to guide us in the short, medium, and long-term.
TO LEARN ABOUT OUR GOALS, SELECT ONE OF THE TOPICS:
This topic contributes to the following SDGs:
This topic contributes to the following SDGs:
This topic contributes to the following SDGs:
This topic contributes to the following SDGs:
El análisis que realizamos en 2019 sobre nuestra contribución a los ODS de la Organización de las Naciones Unidas (ONU) nos permitió identificar los aspectos que debíamos fortalecer en nuestra estrategia de sustentabilidad. A partir de este análisis, en 2020 hicimos una mayor contribución a la agenda global.
By 2030, ensure universal access to affordable, reliable, and modern energy services.
We produce zero-emission power through our wind and solar power facilities.
4,367 km of natural gas distribution pipelines and more than 3,100 km for natural gas transportation, allowing more than 142,000 customers to have access to a source of cleaner energy and minimize the use of polluting fossil fuels.
In collaboration with Sempra Energy, we are developing the ECA Liquefaction project, which will enable us to provide this low-carbon energy to isolated populations and to supply the export market.
By 2030, increase substantially the share of renewable energy in the global energy mix.
Wind parks (529 MW)
Solar parks (515 MWAC)
By 2020, substantially reduce the proportion of youth not in employment, education or training.
Our IEnova Program for Operators’ Training’s (Programa de Formación de Operadores IEnova, PROFOI) goal is to enhance talent development and integrate young people into the energy sector. Since 2014, we have achieved the following:
In 2020, Fundación IEnova sponsored seven education programs through a contribution of USD$617,971, allowing at least 100 students to continue their studies.
Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labor, including recruitment and use of child soldiers, and by 2025 end child labor in all its forms.
We categorically reject forced labor and child labor at all of our operations and in our relationships with our stakeholders. To find out more, please see our related policies in the Policies and Procedures section of our website.
Our critical suppliers are evaluated every two years to identify if they have policies or procedures in place that prohibit forced labor.
Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all.
Our assets
Assets in operation
Assets under construction
We build and develop our assets employing the strictest health and safety standards. All our assets have maintenance and supervision procedures in place and employ the most advanced technologies currently available.
Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry’s share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries.
Our territorial distribution enables us to contribute to meeting the energy needs in the country and, as a result, to the economic development and well-being of the population.
By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities.
In 2020:
We made a capital investment of USD$679 million
We avoided the emission of 986,134 tCO₂e
We generated 1,996,222 MWh of renewable power
We adequately manage our environmental impact.1
1 To learn more about how we do this, please view the Environmental Pillar section.
Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries.
Our Climate Change Strategy includes four pillars for action:
We assess and manage our risks and opportunities related to climate change.
Take urgent and significant action to reduce the degradation of natural habitats, halt the loss of biodiversity, and, by 2020, protect and prevent the extinction of threatened species.
Our biodiversity management system is focused on:
In all our projects we apply the mitigation hierarchy principle:
By 2020, integrate ecosystem and biodiversity values into national and local planning, development processes, poverty reduction strategies, and accounts.
We conduct studies to assess the potential impact of a project on the ecosystem.
We propose measures to protect habitat and wildlife species in the area.
We work in synergy with organizations specializing in biodiversity management, conservation, and protection.
