We are a global operator of essential infrastructure
Supplier development
Redeia supports the sustainable development of its supply chain as an essential part of its commitment to sustainability. We runs free training programmes given by experts in different subjects, such as ethics in the supply chain, carbon footprints, risk management in the supply chain, cyber-security, etc.
Security Risk Management Model for the Supply Chain with Suppliers
Starting in 2019, as part of the ESG Action Plan for suppliers, Redeia has been working on the implementation of its own supply chain security risk management model in the areas of cybersecurity, information security, and physical security. This is aimed at managing the security risks associated with procurement, to ensure the achievement of Redeia's targets and the continuity of the services rendered to society, as a shared responsibility between Redeia, its suppliers, and potential subcontractors.
With information provided by our suppliers, we assess the level of compliance and the degree of maturity with respect to the security requirements that reduce the risks associated with different supply groups with similar security aspects to be evaluated (called activities). Currently, this model has been implemented in 77 service activities classified as very high or high risk, and for this purpose, 533 suppliers have been contacted 533 suppliers have been contacted. Responses were received for 73 activities (95%) and 307 suppliers (58%). A total of 7,325 requirements have been evaluated in these activities and the average degree of compliance of the evaluated suppliers is 72%. By analysing the results of these assessments, we are able to determine the real level of risk associated with procurement and implement measures to address it. As part of the implementation of the model, in 2023, 327 suppliers have participated in the training and development programs. Of these, 47 are included in the group of suppliers considered significant, mainly for providing services or works for critical processes for Redeia.
The model is intended to be mutually beneficial: guaranteeing the provision of an essential service for Redeia and enabling its suppliers to achieve a degree of expertise in security that will be required in the near future for critical infrastructure managers, also giving them a competitive advantage in other areas.
For this reason, we would like to thank all the suppliers who have participated so far for their contribution, and we hope that those who do so during 2024 and 2025 will also see this risk management model as an opportunity.
Thematic meetings
Planning 21-26
Training initiatives
Redeia, in its commitment to the fight against climate change, has implemented a collaboration programme with its suppliers aimed at achieving progress in the following aspects:
- Calculation and verification of their emissions.
- Implementation of SBTi reduction targets.
- Direct reporting of information adjusted to the supplies they provide.
- Reduction of their emissions and therefore of the scope 3 emissions of the Group.
This programme, which was developed between 2019 and 2021, has allowed us to directly involve a total of 20 suppliers in the commitments acquired by the company, to integrate direct information in the calculation of Scope 3 emissions and to establish ambitious commitments for the reduction of Scope 3 emissions. We would like to thank all of them for their collaboration and for all the work done over the past 2 years.
We want to specifically mention the following supplier companies that have made substantial progress in quantifying their emissions and setting reduction targets.
The objectives of the company also include the goal of ensuring that suppliers responsible for 2/3 of the emissions of the supply chain have approved science-based targets (SBTi) by 2024.
For this reason, we would also like to highlight those suppliers that have participated in the programme and are aligned with this goal, either because they have approved SBTi or because they have committed to establish them.
The second phase of this programme will take place in 2022, with the aim of continuing to involve suppliers in the commitment of the company, obtaining real information on their emissions, determining their degree of maturity, and defining targets for reducing emissions associated with the supply chain.
In 2021, and in collaboration with the Red Española del Pacto Mundial de Naciones Unidas we worked on a programme that addressed the main aspects of Human Rights management (Policies, indicators, key resources, etc.).
In 2020, and in collaboration with the Red Española del Pacto Mundial de Naciones Unidas, we helped suppliers include to incorporate a culture of diversity and zero tolerance for any kind of aggression or harassment, achieving real equal opportunities for all people in the context of the Agenda 2030, allowing us also to transfer to our supply chain the Group vision, principles and approach on diversity.
After completing this course, the suppliers will understand better the barriers faced by these groups and how to manage equality and diversity in their organizations.
A total of 508 users from 233 companies have benefited from this initiative, whose average mark for overall satisfaction was 9 points (out of 10).
In 2020, and in collaboration with the Red Española del Pacto Mundial de Naciones Unidas, more than 250 users from over 180 companies completed this course. Our goal was to teach suppliers about concepts related with the fight against corruption and help them to understand better how it affects their companies. The average score for the course was 9 points (out of 10).
- We have developed several collaborative programs to combat climate change.
- In 2020, suppliers have taken part in monograph sessions (webinars) on the role of cyber-security in business continuity, COVID-19 and interruptions in the supply chain, the importance of sustainability in the supply chain, ethical and responsible purchasing management, etc. In this way, suppliers are now more aware of these issues, can share their best practices and success stories, and answer their queries in real time.
Recognised by CDP on the Supply Engagement Leaderboard 2021
The Group has been included by CDP in the Supply Engagement Leaderboard 2021, which recognises our performance in translating our commitment to climate action into the supply chain. For the Group, extending this commitment and making progress with our suppliers is essential to achieving reductions in emissions and reaching the global goal of limiting the temperature increase to 1.5 °C.
We have launched a number of initiatives to make progress together, including the collaboration programme for the reduction of the carbon footprint in the supply chain. In its first phase, running from 2019 to 2021, 20 suppliers have joined us, and we thank them for their collaboration.
