Redeia Corporacion SA
Industry Group: Utilities
Country/Region: Spain
Identifier: MCE:RED
Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fibre-optics network in Spain and has a growing Latin American infrastructure business. The group significantly increased its exposure to telecommunications by acquiring Spanish communications satellite operator Hispasat from Abertis in 2019.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 4 out of 648
Universe
Global Universe 132 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Redeia Corporacion SA |
8.2
Negligible
|
4 out of 648 |
| Enel Américas SA |
22.2
Medium
|
139 out of 648 |
| The AES Corp. |
25
Medium
|
205 out of 648 |
| Pinnacle West Capital Corp. |
26
Medium
|
223 out of 648 |
| Manila Electric Co. |
31
High
|
345 out of 648 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Redeia Corporacion SA
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Redeia Corporacion SA's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
