REN recognized for excellence in environmental performance by CDP

REN – Redes Energéticas Nacionais has had its environmental performance recognized with the highest rating from the Carbon Disclosure Project (CDP), a non-profit organization that manages the world's only independent environmental disclosure system. REN was elevated to the A - Climate Change level, which is only granted to organizations with excellence practices.

This indicator takes into account various environmental and governance parameters, the existence of ambitious goals, and transparency of procedures. REN has shown positive progress in recent years. In 2021, it achieved a C rating, in 2022 a B, and in 2023 an A-.

REN’s sustainability performance has been recognized by various entities, which rate it above the industry average. This year, REN joined the ESG Top-Rated Companies 2025 list by Sustainalytics, and in 2024, the Financial Times selected it as one of Europe’s Climate Leaders.

Last year, REN was also awarded a AAA by MSCI, the highest score in this rating, which highlighted its corporate governance practices, biodiversity protection, and human capital development.

Also in 2024, REN improved its rating in the Corporate Sustainability Assessment by Standard & Poor’s due to its performance in areas such as transparency, ethics, climate strategy, labor practices, and community relations.

In the ISS rating, REN maintained its B score and Prime status in 2024 (awarded to companies with ESG performance equal to or better than their sector), rising nine positions in the Merco ESG Responsibility ranking, the only index audited by KPMG, reaching 40th place globally and 4th place among energy companies.

In its Strategic Plan for 2024-2027, REN has reinforced its commitment to the Energy Transition without compromising the financial stability and operational excellence that have characterized the company.

REN has also strengthened its sustainability commitments, intensifying its ESG targets to reduce Scope 1 and 2 emissions by 60% by 2030 (+10 p.p. compared to 2019 vs. previous targets), reduce Scope 3 emissions by 30% by 2030 (compared to 2021) (+5 p.p. compared to previous targets), and to have 100% green debt by 2030.

In addition to its environmental commitments, REN has complemented its social commitments with a forecasted investment of three million euros in local communities by 2027, two million euros in employee skills by 2027, and the commitment to have 100% of employees trained in ESG by 2030.