For the fourth year in a row, we have received the triple "Calculo-Reduzco-Compenso" ("Calculate-Reduce-Compensate") badge for calculating and registering our carbon footprint for at least four years, maintaining a plan to reduce emissions, fulfilling our commitment to reduction, and participating in a carbon absorption project.
As part of our Climate Change Strategy, we have set meaningful goals to achieve carbon neutrality by 2050. To reach this objective, we aim to reduce scope 1 and 2 emissions by 42% and scope 3 emissions by 25% by 2030.
In addition, we strive to mitigate the effects of climate change associated with our activities, ensure transparent communication, raise awareness among our stakeholders, and manage our risks rigorously in line with best available practices.
Between 2021 and 2023, we achieved a 0.04% reduction in the average emission intensity for scopes 1, 2, and 3 compared to the 2020–2022 period.
Carbon Footprint Offset
We offset part of our 2023 carbon footprint through the Villanueva de Abajo A Forest Reforestation Project, which spans six hectares in the municipality of Congosto de Valdavia in the province of Palencia (Castilla y León).
This project focuses on the ecological restoration of the area, helping to mitigate the effects of climate change by capturing CO2 and storing carbon.
The project also delivers significant social benefits, such as promoting rural development, creating local employment, and enhancing outdoor recreational activities, thereby adding value to the municipality.
View the certificate here: https://sacyr.com/medio-ambiente/cambio-climatico