Abengoa invested €426 million in innovation in 2013, equivalent to 5.79% of sales, further strengthening its commitment in this area.
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has published its Corporate Social Responsibility Report 2013, which gives details of its performance and the most important milestones achieved during the year, environmentally, socially and economically.
Abengoa invested €426 million in innovation in 2013, equivalent to 5.79% of sales, further strengthening its commitment in this area. It has also made 261 patent applications, of which 106 have been granted.
Furthermore, during 2013 Abengoa prevented the theoretical emission of more than 815,000 tCO2eq, in line with its commitment to reduce emissions. It has also continued to make progress on CO2 labelling, which enables it to inform the market about the carbon footprint of its products and services.
In the social area, the company has continued to support the development of the communities where it is present. In 2013 it invested €9.1 million in social actions, an increase of 12.3% compared to the previous year, carrying out more than 10,400 hours of volunteering. Furthermore, a new center has been opened in Seville (Spain) for Abengoa’s most important social development project (PEyC), which is now present in seven countries, promoting the integration of the most vulnerable social groups through education. The PEyC (People, Education and Communities) scheme ended the year with 4,700 direct beneficiaries.
The complete report can be downloaded through this link.