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Company Response

18 Jun 2013

Iberdrola response to: Intermón-Oxfam report provides key points for Spanish companies operating abroad to respect human rights norms; alleges specifc human rights abuses

...The link between Iberdrola and the report is that the company had expansion plans in the region, in other words,the report neither highlighted a materialized impact that deserved a response or mitigation -reparation action plan...

...Iberdrola’s commitment with human rights and due diligence duty Since Iberdrola, S.A. approved its Policy on Respect for Human Rights in 2015, the group has progressively deployed formal commitments and specific measures for the identification, prevention, mitigation and, where appropriate, remedy, of impacts on human rights in accordance with the United Nations Guiding Principles on Business and Human Rights (UNGPs)...

...The group is a leader in corporate tax responsibility, an inseparable element from its responsibility to respect human rights. Since 2019, the company publishes a Report on Tax Transparency. Progress has also been made in the company’s transparency practices, through the disclosure of all tax information relevant for Stakeholders...

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