Iberdrola Chairman at UN Urges World Leaders and Global Community to Join Escalated Action against Climate Change
September 18 2017 - 3:01PM
Business Wire
- “The fight against global warming is
a shared responsibility that must involve all sectors of the
economy. We all need to make a significant contribution,” said
Ignacio Galán
Today, Iberdrola Chairman Ignacio S. Galán participated in high
level discussions at an international forum hosted by the United
Nations Secretary-General at the opening of the UN General Assembly
in New York, NY USA.
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Iberdrola Chairman Ignacio S. Galán joins
SEforAll CEO Rachel Kyte to support clean energy for everyone on
the planet. (Photo: Business Wire)
UN Secretary General Antonio Guterres and leading CEOs,
investors, heads of state and government, senior UN leadership and
civil society representatives gathered for interactive discussions
on building sustainable financial markets to accelerate the fight
against climate change while creating value for society as a
whole.
The forum, themed Financing the 2030 Agenda: Unlocking
Prosperity, was heavily focused on detailing strategies to deliver
the Sustainable Development Goals previously outlined by the global
community, calling for responsible investment, long-term market
approaches and personal leadership to end extreme poverty, fight
inequality and injustice and reverse global warming. The global
community needs to deliver innovative forms of financing at an
unprecedented scale while redirecting existing financial flows and
business initiatives to be consistent with sustainable
development.
Iberdrola’s participation is the latest action taken, under the
stewardship of Chairman Galán, to provide leadership on the issue
of climate change across the world. As one of the four largest
utilities worldwide, having the world’s largest renewables asset
base, Iberdrola has reaffirmed its full commitment to the
decarbonisation of the economy.
“The fight against global warming is a shared responsibility
that must involve all sectors of the economy,” said Chairman Galán,
placing a call to action to both public and private sectors.
“Jointly we can make a significant contribution by embracing the
opportunities of the clean economy and developing essential policy
frameworks that improve attractiveness for investment, creating
value for all.”
Since 2000, Iberdrola has demonstrated its commitment to
reducing carbon emissions by investing $100 billion to reduce its
specific emissions in Europe by 75%. As a result, the Company’s
emissions are now 70% below its peers.
“The need for the public and private sectors to work
collaboratively is very clear,” Galán added. “Electricity provides
a great opportunity as it enables a rapid and cost effective path
to diminishing emissions. Investments in sources of clean
electricity through wind and hydro power—as well as in smart grids
required to integrate them—provide social dividend in the way of
job creation and wealth.”
This week also marks the beginning of Climate Week NYC. As part
of the week’s activities, Iberdrola will sponsor the Conference on
the Global Pact for the Environment organized by Columbia
University. Additionally, Iberdrola signed today a partnership with
Sustainable Energy For All (SE4All), a
global initiative led by the
former Secretary-General of the United Nations to
achieve universal energy access. Through this agreement,
Iberdrola fully supports SE4All’s mission of reducing the carbon
intensity of energy while making it available to everyone on the
planet, including the one billion people who don’t have access to
electricity today.
Iberdrola’s partnership with SE4All shows that businesses can
make significant progress by tackling energy and climate-change
challenges head on. Every human on earth is part of the
solution.
ABOUT IBERDROLA:
Iberdrola is the world’s largest wind energy producer and has
the world’s largest renewables asset base with 28,270 MW of total
renewable energy installed capacity, including onshore and offshore
wind, hydro and solar (as at end H1 2017). We produce and provide
energy to over 110 million people around the world, mostly in USA,
Mexico, Brazil, UK and Spain. Over the past 15 years, we have
strived to be one step ahead of the energy transition to face the
challenges of climate change and the need for clean electricity.
Today, we have become “the Utility of the Future” by embracing
digitalization, decentralization and building smart networks in all
of our markets. Our commitment to sustainability features
prominently on indexes such as the Dow Jones Sustainability Index,
Carbon Disclosure Project and FTSE4Good.
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Media:Avangrid, Inc.Michael
A. West, Jr., 203-499-3858Michael.West@avangrid.com
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