After having received the dual “Calculo-Reduzco” seal for three consecutive years, Sacyr obtains the “Calculo, Reduzco y Compenso” seal for the first time for compensating part of its carbon footprint through a CO2 absorption project.
This distinction, awarded by the Spanish Ministry for the Ecological Transition and the Demographic Challenge, recognizes Sacyr as an organization that, apart from calculating its greenhouse gas (GHG) emissions, reduces them and goes a step farther by compensating part of its carbon footprint.
The absorption project responsible for this compensation and backed by Sacyr, takes place in Burgos, Spain. This project seeks to revitalize a deforested zone, with a high desertification risk, by eliminating erosion risks, increasing biodiversity, and improving the structure and organic matter of the soil.
In total, this project calls for the planting of more than 23 hectares of autochthonous, resilient species that will absorb more than 6,000 tons of CO2.
Sacyr is firmly committed to sustainability through its corporate 2021-2025 Strategic Plan and the Sacyr Sustainable Plan, in which the company sets its goals for preventing climate change and protecting the environment and communities where it develops its activities.
Emission compensation, apart from being beneficial to the environment, offers companies great opportunities for growth, development, and competitiveness, and is increasingly valued and requested by all stakeholders.
Cutting down emissions
Sacyr has recently received the dual “Calculo-Reduzco” seal for the third consecutive year, which recognizes Sacyr’s efforts to reduce the average intensity of its GHG emissions by 8.41% in Spain for scopes 1, 2, and 3 compared to 2017-2019.
The “Calculo-Reduzco” seal is granted to organizations that calculate and record their carbon footprint for a minimum of four years, have a plan to reduce their GHG emissions, and bring this reduction commitment to fruition, with the Ministry’s validation.
Cutting down emissions offers companies great opportunities for growth, development, and competitiveness, and contributes to improving the environment where we operate.
This recognition strengthens Sacyr’s contribution to SDG 13 “Climate Action”, and therefore, to the accomplishment of the 2030 Agenda, by incorporating climate change-fighting measures into our management plans and supporting national plans for its attainment.
