Sustainability

Sustainability

Responsible business model

The Red Eléctrica Group understands sustainability as the Company's commitment to its long-term continuity and success through the creation of shared value for all its stakeholders when responsibly carrying out its duties and responsibilities.

This commitment is based on ten principles and is set out in four priorities identified as the key drivers that will help the Company respond to and maximise the opportunities that arise and address the upcoming challenges it faces.

Business model of the Red Eléctrica Group

The main activity of the Group is carried out by Red Eléctrica de España, whose role is that of transmission agent and operator of the Spanish electricity system (TSO -Transmission System Operator).

The Group's international business is focused on investment in electricity transmission infrastructure abroad. This activity, initiated in 1999, and with a current presence in Peru and Chile, is managed through the companies integrated in Red Eléctrica Internacional (REI).

In recent years there has been a significant boost in the development of activities for the diversification of the Red Eléctrica Group, with significant advances in international business (new projects in Peru and Chile), the definitive consolidation of our telecommunications activity (with the creation of REINTEL) in Spain, and the commencement of energy storage infrastructure development in the Canary Islands (with the creation of REINCAN).

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