Fostering a greener, more social and excellently governed Saeta

When talking about ESG (acronym for Environmental, Social and Corporate Governance factors) we refer to a different company business’ approach. Its origin comes from the “triple bottom line” concept: social, environmental and economic elements, meaning: people, planet and benefits. Nowadays, this is an essential requirement in Socially Responsible Investing (SRI).

Our ESG Policy’s guiding principles are:

  • Mitigate the impact of our operations on the environment.
  • Ensuring the well-being and safety of employees.
  • Uphold strong governance practices.
  • Be good corporate citizens.

Together with our parent, company Brookfield Renewable Group, we support the goal of zero greenhouse gas emissions by 2050.

Saeta Yield, exercising its ESG responsibility, has aligned its business strategy with the objectives of environmental protection, social care and corporate governance management based on excellent practices. This contributes to the Sustainable Development Goals (SDG) approved by the UN in 2015, which highlight the effort made by societies, countries and companies to improve life for everyone.

SAETA YIELD’S SCOPE OF ACTION IN RELATION TO THE SDGs

Biodiversity and ecosystems

 

 

 

 Saeta Yield monitors the surroundings of our facilities through ecosystem and biodiversity care programs with key performance indicators 

Renewable plants’ life cycle management

 

 

 

The management of our assets’ lifetime entails not only the best technical procedures but the responsibility of developing actions which protect the environment.

Climate change and resilience

We study climate change adaptation preventing initiatives.

Community relations   

 

 

 

Our purpose is to foster alliances with the communities around us, promoting, among other initiatives, quality education that brings professionals in the renewable energy industry, which implies economic growth and a more sustainable world. Our employees also collaborate by carrying out different activities with NGOs, thus promoting equal opportunities for all.

Working conditions and welfare      

 

 

 

Equal opportunities is not a challenge in our company, but a reality. A good work environment is essential for the personal and professional development of our employees.

Fostering talent  

Talent management promotes employees’ potential since their very beginning at Saeta Yield. We are aware of the relevance of working in a company which offers work flexibility adapting to employees’ needs.

Health and safety

 

 

 

Our workers are the most valuable resource of our company, therefore, we implement a continuous health and safety system that covers the protection of our employees on a recurring basis through different actions and measures that ensure their well-being in their workplace. Our ISO 14001 certification endorses our continued effort to be leaders in protecting our employees, contractors, as well as the communities and ecosystems in which we operate through our HSSE Policy.

Ethical conduct

 

 

 

Our Code of Business Conduct and Ethics promotes that any person linked to Saeta Yield behaves excellently complying with current legislation and follows principles such as honesty, integrity and ethics.
In addition, our Anti-Fraud and Corruption Policy ( ABC) reiterates the company's commitment to working with honesty and integrity and in full compliance with applicable anti-bribery or anti-corruption laws, including, but not limited to, those applicable in the jurisdictions in which we operate.

Integration of ESG criteria into the investment decision-making

 

 

 

Our company takes into account environmental, social and corporate governance factors when considering a possible investment in an asset, with the aim of making a potential socially responsible investment.

Internal and external communication

                                       

Communication is an essential asset that, through the practice of transparency by Saeta Yield, fosters trust among all the company's stakeholders.

Relations with the Administration

 

 

 

Saeta Yield maintains an excellent and fluid relationship with the different administrations with the common goal of protecting the environment, as well as establishing firm and reciprocal alliances.

Cybersecurity

     

Cybersecurity is another priority in our business model, so our strategy is to have specialized tools in order to protect all the information acquired and managed by the company.

Supply chain’s transparency 

    

 

 

The company implements the due diligence guidelines for the supply chain and, therefore, the “Supplier Code of Conduct” advocates legal and regulatory compliance, commitment to environmental, social and governance (ESG) management criteria, integrity, ethics and anti-corruption practices, responsible labor practices, occupational health and safety and confidentiality .

Certifications

AENOR ISO 14001
IQNet ISO 14001