Indra rises in the Carbon Disclosure Project ranking and is one of the leading companies in the fight against climate change

Recently recognized as the world's most sustainable company in the technology sector by the Dow Jones Sustainability Index, Indra, one of the leading global technology and consulting companies, has just received a new endorsement of its environmental strategy and its path toward decarbonization, with the Carbon Disclosure Project (CDP) listing it as one of the leading companies in the fight against climate change.

The company has improved its score on this prestigious independent index to A-, well above the technology sector average (C), in recognition of its environmental strategy, which fully integrates climate change-related risks and opportunities into the company's management.

Accordingly, Indra achieved the CDP’s best possible rating for climate governance, thanks to several other factors as well, including a Sustainability Committee on its Board of Directors and the establishment of incentives related to climate objectives for senior management.

Indra also achieved the best score in the calculation of its emissions, thanks to its transparency and thoroughness, despite the complexity of a company with over 50,000 professionals, operations in over 140 countries and nearly 7,000 suppliers around the world. In this area, Indra also has an ISO 14064 certification of its carbon footprint, which provides an additional endorsement.

The fact that Indra's ambitious emissions reduction targets to achieve carbon neutrality by 2050 are science-based targets (SBTs) and have been approved by the Science Based Target initiative (SBTi) was highly valued by the CDP, which also gives Indra the top score in this aspect.

"We are very pleased to have reached the leadership level in the CDP rankings with our 2021 climate disclosure. The fight against climate change is one of the key objectives of our 2020-2023 Sustainability Master Plan, which, among other goals, seeks to reduce our emissions, but also to promote the development of key technological solutions to combat climate change. In this way, we aspire for Indra to become a key player in the transition to a low-carbon economy," says Manuel Ausaverri, Indra's Director of Strategy, Innovation and Sustainability.

Leading the way in emissions reduction

Indra is one of the six Ibex-35 companies that have committed to becoming carbon neutral with targets officially approved by the SBTi, an initiative promoted by the United Nations Global Compact, the CDP, the World Resources Institute (WRI), and the World Wildlife Fund (WWF) in order to contribute to limiting global warming to a maximum of 1.5 degrees.

Indra’s ambitious goals approved by the SBTi are as follows: reduce the company's energy consumption emissions by 50% by 2030, reach zero emissions in this area by 2040, and extend decarbonization throughout its supply chain to become net carbon neutral by 2050.

In this regard, the company recently announced that in its main factories in Madrid, which are its largest production centers and as such generate more waste and consume more energy, it has managed to reduce energy consumption by 15% and non-hazardous waste generation by 20% in just nine months.

Indra has already been working to reduce its emissions for some time. In fact, this year it was included in the list of the 300 European companies that most reduced greenhouse gas emissions between 2014 and 2019, drawn up by the Financial Times and the research company Statista, and in which Indra was ranked as the number one Spanish technology company and number three in Europe in emissions reduction.

World's No. 1 technology company for sustainability

Its status as one of the leading companies in the CDP reaffirms Indra's sustainability leadership and is further recognition of its environmental, social and governance (ESG) strategy.

“Our efforts to improve not only in the environmental field, but in all aspects of sustainability, has led us to be chosen as the world's leading company in our sector by the Dow Jones Sustainability Index, something we are particularly proud of,” says Ausaverri.

Indra's Sustainability Master Plan 2020-2023 is the foundation for the company’s sustainability management and aims to consolidate Indra's responsible governance model, strengthen its technology with an impact on sustainable development, and actively contribute to fighting climate change. The climate-related initiatives of the Sustainability Master Plan are primarily aimed at achieving the demanding SBTs that have been set and developing a specific range of new sustainability-based solutions and services that contribute to mitigating climate change, among other challenges.

Indra’s technology already plays a key role in global action for the climate and in the energy transition. Technologies that mitigate the effects of climate change from space or that move towards transportation, aviation, rail and sea infrastructures that are more environmentally friendly; solutions for the intelligent, efficient and green management of energy in cities and their mobility; and those which, through digital transformation, enable a better use of resources, are all part of the portfolio of solutions that Indra offers the planet. With its technology, it also helps governments and companies be more sustainable.

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 the core business operations of its customers world-wide. 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, end-to-end focus and a high innovation component. At the end of the 2020 financial year, Indra achieved revenue of 3.043 billion euros, had nearly 48,000 employees, a local presence in 46 countries and business operations in over 140 countries.