Acciona

Construction & Engineering

ANA.MC

€ 184 (1.3)%

Share price

$ 11 bn

Market Cap

$ 18 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.27x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -6.6% weighted average for S&P 500

FY2022

Acciona aims to reduce Scope 1 + 2 by 60% by 2030 from a base year 2017

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

Weaker than the -6.1% weighted average for S&P 500

FY2022

Acciona aims to reduce Scope 3 by 47% by 2030 from a base year 2017

1.5°C

GHG emissions and Carbon intensity

Acciona reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 December 2021 at 173 Kt (+40/+30% y-o-y). Carbon intensity also increased to 18 t (+0.5/+2.9% y-o-y).

Acciona's Scope 3 emissions soared to 2,432 Kt (+421/+21% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 60% by 2030 from a base year 2017, which translates into the estimated reduction of -9.7 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 47% by 2030 from a base year 2017, which translates into the estimated reduction of -120 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Carbon offsets	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	173	148	25	2,432		9,619	18
2020Q4	133	98	35	2,011	(26)	7,590	18
2019Q4	166	126	40	2,182		8,082	21
2018Q4	177	129	48	1,860		8,879	20
2017Q4	213	150	63	2,553		8,189	26