Presentation of the first Strategic Sustainability Plan

IGNIS has presented a Strategic Sustainability Plan with the aim of contributing to the global energy transition and leading the way towards a more sustainable future.

IGNIS is present at every link in the energy value chain, from generation, management, operation, and maintenance to marketing and offering comprehensive decarbonization solutions to industry. Since its founding in 2015, the firm has developed a integrated energy model as the axis of the transformation towards a more sustainable and competitive system.

The presentation of its first non-financial report for the 2022 financial year and the new pillars of its Sustainability Plan coincides with a stage of growth, which has allowed IGNIS to reach a portfolio of more than 20 GW, be present in nine countries, manage an operational portfolio of around 5 GW, including one of the largest photovoltaic complexes in Europe, or increase its retailer by 5,000 customers.

The new Plan will serve as a roadmap for the next three years, creating a A comprehensive and transparent sustainability model, aligned with global trends and best practices in environmental, social and governance (ESG) matters. It has been developed following internal, sectoral and global diagnostic and analysis work and revolves around four strategic axes:

1. Strengthening corporate governance, Through solid foundations that facilitate orderly and scalable growth, based on the fulfillment of corporate commitments and the development of a series of policies that determine its activity and decisions, both at the level of governance and in matters of sustainable procurement, due diligence or sustainable financing, among others.
2. Boosting the global energy transition, Supporting clients with innovative and customized solutions, IGNIS not only focuses on renewable energy generation but also comprehensively manages its own plants and offers customized energy efficiency solutions to industry, SMEs, and individuals. Furthermore, it is committed to innovation, digitalization, and the use of artificial intelligence to optimize its projects. IGNIS also promotes the development of new energy vectors such as hydrogen, green ammonia, and renewable fuels. The aim is to maximize the integration of renewables into electrical systems and other energy-intensive sectors, facilitating the electrification of heat as a replacement for fossil fuels.
3. Revitalizing local environments, Based on generating opportunities for the recovery of natural capital and the revitalization of the local communities where it operates, IGNIS has integrated a social dimension into its activities since its founding, promoting local hiring, training, and the inclusion of people at risk of exclusion in its projects. Access to affordable and renewable energy, the revitalization of rural areas, and the promotion of biodiversity are key pillars of its commitment.
4. Bet on the team's talent, Ensuring the professional development of employees in an environment that fosters growth and attracts and retains talent. In 2022, IGNIS made a total of 223 new hires, consolidating a growing workforce of 477 people. 76.1% of the workforce is under 45 years old, reflecting a young and dynamic team. Furthermore, the company prioritizes organizational flexibility and job stability, with 96.1% of employees on permanent contracts. IGNIS also promotes diversity and equality, employee volunteering, and solidarity through collaboration with non-profit organizations.

Antonio Sieira, CEO of IGNIS he stated:“NWe are pleased to announce the launch of our first Strategic Sustainability Plan. Our company has established itself as a key player in the sector, both in terms of our size and our talent and business figures. These figures, for a young company like ours, are a source of pride and a great incentive. Furthermore, this Plan outlines our objective from the outset and how we are working to achieve it.”

IGNIS has outlined the initial progress of its Strategic Plan in its first Non-Financial Information Report, which you can consult at this link. Sustainability Report 2022 complete.