Sustainability management

REN Priorities

Ethical and socially responsible management model

Sustainability, in its various aspects, is an undeniable and critical priority in the coming decades. REN works permanently in defence of the environment, people, and communities to ensure a sustainable future for humankind.  

 

The long-standing commitment to ensuring sustainable development was reinforced in 2021 with the establishment of the Sustainability Commission. Its purpose is to strategically analyse the evolution of ESG objectives and initiatives, supervise their implementation, and decide on new actions in the Board of Directors. It is also to oversee the principles that underpin their actions, namely the social, economic, and environmental preservation aspects and the fight against climate change.   

REN MANAGEMENT

Strategic Organization

comunidades

Governance Model 

REN has sustainability at the top of its priorities and involves its directors and senior managers in its management. This management is carried out at the highest level by the Sustainability Committee, which includes members of the Board of Directors and management positions as well as the ESG working group. Compliance with ESG criteria is part of REN’s performance indicators and influences the remuneration of members of the Executive Committee and management positions.

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Evaluation Tools

Among management assessment tools, REN has ISO certifications in quality, environment, safety, innovation, and business continuity. It also participates in sustainability indexes (such as the S&P Global Corporate Sustainability Assessment and the Carbon Disclosure Project – Climate Change) and evaluates the relationship with stakeholders. 

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Reporting

In 2022, REN opted for an Integrated Reporting model and for reporting non-financial information in line with those advocated by the Global Reporting Initiative, Sustainability Accounting Standards Board, Task-force for Climate-related Financial Disclosures, and in accordance with the new European Sustainability Reporting Directive. The reporting of the alignment of REN’s activities is done according to the EU Taxonomy.

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REN Policies

Policies that consolidate the principles of action in all of REN's activities

Statement of Social Responsibility Policy

Statement of Social Responsibility Policy
PDF 91.48 KB

Quality, Environment and Safety Policy Statement

Quality, Environment and Safety Policy Statement
PDF 490.04 KB

Research, Development and Innovation Policy

Research, Development and Innovation Policy
PDF 421.91 KB

Stakeholder Relationship Policy

Stakeholder Relationship Policy
PDF 95.65 KB

Regulatory Compliance Program

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REN’s suppliers are required to comply with the Supplier Code of Conduct.  

VOLUNTARY COMMITMENT

REN is a member of national and international associations and initiatives that defend sustainable development. Get to know some of these partnerships:

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BCSD PORTUGAL

The Business Council for Sustainable Development Portugal is a non-profit association representing over 140 leading companies in Portugal that are actively committed to the transition to sustainability. 

Global Compact Network Portugal

Portuguese network of the United Nations Global Compact, which brings together the initiative’s participants that operate or are headquartered in Portugal. 

BRP – Business Roundtable Portugal

Association made up of companies and business groups with relevant economic activity in Portugal and with the common ambition of contributing to the development of a more prosperous and fairer Portugal. 

Fórum iGen

Forum organisations for equality. Comprising 69 organisations, both national and multinational, from the public, private, and social economy sectors with operations in Portugal. All of them are committed to strengthening their organisational culture, promoting the principles of equality between women and men in employment. 

HyLab – Laboratório Colaborativo 

Project seeking to enable the rapid Portuguese implementation of the production, storage, transmission, and use of green hydrogen at competitive costs. 

Hydrogen Europe 

European association representing the interests of the hydrogen industry and its stakeholders and promoting hydrogen as an enabler for a zero-emission society. 

European Clean Hydrogen Alliance 

Entity supporting the large-scale deployment of clean hydrogen technologies by 2030, bringing together renewable and low-carbon hydrogen production, demand in the industry, mobility and other sectors, and hydrogen transmission and distribution. 

Act4nature Portugal 

Initiative promoted by BCSD Portugal within the scope of act4nature international, with the aim of mobilising companies to protect, promote, and restore biodiversity.

Transport4nature

European initiative promoted by IENE – Infrastructure and Ecology Network Europe, together with association EpE – Entreprises pour l’Environnement, seeking to create a collective international dynamic to protect, enhance, and restore biodiversity in a sustainable manner.

Renewables Grid Initiative 

Collaboration between non-governmental organisations and national energy transmission system operators with the mission of promoting the sustainable development of energy networks, in line with the Paris Agreement commitment. 

ForestWISE 

Collaborative Laboratory for Integrated Forest and Fire Management: a non-profit association whose mission is to promote the integrated management of forests and fire. 

CEO’s Guide to Human Rights 

Call to action to encourage business leaders to promote the defence of human rights and the improvement of people’s living conditions. 

Manifesto towards COP26 

Underwritten by 82 Portuguese companies and organisations, it presents 11 objectives to halt climate change. 

Oil & Gas Methane Partnership 2.0 

Initiative led by the UNEP (United Nations Environmental Programme), in partnership with the European Commission, the UK Government, the Environmental Defence Fund, and major Oil and Gas companies, seeking to reduce methane emissions. 

Women’s Empowerment Principles 

Set of principles offering guidance to companies on how to promote gender equality. 

Target Gender Equality 

Gender equality accelerator programme for companies participating in the United Nations Global Compact.

Carta Portuguesa para a Diversidade 

The Diversity Charter, an initiative of the European Commission, seeks to encourage employers to implement and develop internal policies and practices to promote diversity. 

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