Indra, once again Gold Class in the S&P yearbook as the most sustainable company in the world within its sector

In a highly competitive global environment in which environmental, social and corporate governance (ESG) performance is becoming increasingly important, Indra, one of the leading global technology and consulting companies, has achieved the best score in its sector and a “Gold Class” rating for the second year in a row in the Sustainability Yearbook 2022, S&P Global’s annual sustainability report.

Based on the evaluations of the 7,554-plus companies around the world that have undergone SAM’s annual Corporate Sustainability Assessment (CSA), this highly prestigious sustainability yearbook has awarded Indra a score of 85 points, higher than the one recorded in 2021. Only 76 companies in the world, of which three are Spanish, have achieved the “Gold Class” distinction.

Indra has positioned itself as the number one company in terms of sustainability ahead of the 179 companies in the IT services sector evaluated worldwide, of which only 21 have achieved inclusion in this exclusive yearbook. It has done so as the leader of the economic and governance pillar, in which it achieved a score of 100%, while it also obtained excellent ratings, well above the average for the companies in the sector, in the aspects that S&P regards as most relevant for the IT industry.

Thus, Indra has achieved the highest possible score in innovation management (100%) and the maximum rating in the sector for privacy protection (98%). Indra also excels in its climate strategy (98%), as well as information security, cybersecurity and system availability (90%). All these aspects are regarded as critical in the technology sector by S&P.

The Sustainability Yearbook bases its analysis on the public information of the assessed companies, but also on the exhaustive and prestigious CSA (Corporate Sustainability Assessment) of the SAM analysis agency acquired by S&P in 2019, which, with more than 1,000 data points, is also used to compile the Dow Jones Sustainability Index (DJSI) in which Indra has been listed for 16 years. The DJSI requires a minimum market capitalization, which is why The Sustainability Yearbook opens up the competition to other smaller companies, hence the greater universe of participation.

The company that’s best prepared for the future

Indra’s position at number one in its sector in the Sustainability Yearbook attests to it being the technology company that’s best prepared to overcome the economic, social and environmental challenges of the future and offers an acknowledgment of its ESG strategy and management.
The creation of the Sustainability Committee within Indra’s Board of Directors in late 2019 and the 2020-2030 Sustainability Master Plan, inspired by the UN Sustainable Development Goals and including more than 30 specific initiatives, have been key to speeding up Indra’s progress.

In recent years, the company has undertaken new and demanding commitments, such as the UN climate change goals to reduce its emissions from energy consumption by 50% by 2030, to achieve zero emissions due to the above by 2040 and to become totally carbon-neutral by 2050, in accordance with the goals set as part of the science-based targets initiative (SBTi).

In less than a year, Indra has managed to reduce the energy consumption and non-hazardous waste respectively generated at its main factories by 15% and 20%. It has also optimized the management of its shipments and the internal transportation at its main logistics centers in the Transport and Defence business in Spain, achieving costs savings of 20% and reducing CO2 emissions by 12%.

The fight against climate change

Through its technology, Indra is also making a great effort to contribute to advancing towards the goals of the 2030 Agenda by facilitating the transition to a low-carbon economy and reinforcing its positive impact on people and the planet. For example, it already implements solutions that are playing a key role in global climate action, covering a broad spectrum within the reach of very few corporations in areas such as sustainable mobility, energy efficiency, less polluting cities and environmental protection.

Having received the 2020 National Innovation Award, the company continues to innovate to contribute to the fight against climate change. For example, it’s developing the next-generation iTEC air traffic management system with seven of Europe’s leading air navigation service providers to process data and calculate routes with unprecedented accuracy, thereby increasing safety and capacity and avoiding having to leave aircraft waiting in the air while they consume fuel and generate emissions unnecessarily. Similarly, the future integrated network management (iNM) system commissioned from Indra by EUROCONTROL will optimize every air movement that occurs in Europe and reduce CO2 emissions.

Minsait, an Indra company, is also developing a wide range of technological innovations that will have a considerable impact on environmental sustainability. This is the case of Onesait Sustainability, the brain behind SmartWaste, the smart management project that’s being developed in partnership with Ecoembes to improve and optimize the container collection and sorting system. It uses IoT, big data and advanced analytics to reduce costs and emissions.

As a more sustainable technology company, Indra also seeks to help its customers become more sustainable in their actions. To increase its ability to add value to organizations in aspects related to sustainability, Indra has recently acquired a majority stake in The Overview Effect, a company that specializes in driving innovation to increase companies’ sustainability by connecting global challenges and business models and boosting the capacity of organizations to generate systemic solutions to the social and environmental challenges facing our planet. In this way, Indra fulfills its value proposition, which offers the market a unique and differentiated range of products that cover, end-to-end, everything organizations need in their transition toward sustainability.

About Indra

Indra (www.indracompany.com) is one of the leading global technology and consulting companies and the technological partner for core business operations of its customers worldwide. It is a world-leader in providing proprietary solutions in specific segments in Transport and Defence markets, and a leading firm in Digital Transformation and Information Technologies in Spain and Latin America through its affiliate Minsait. Its business model is based on a comprehensive range of proprietary products, with a high-value focus and with a high innovation component. In the 2020 financial year, Indra achieved revenue of €3.043 billion, near 48,000 employees, a local presence in 46 countries and business operations in over 140 countries.