Letter from the chairman

As the Chairman of the Elecnor Foundation, it gives me great pleasure to welcome you to our official website.

Since it was founded in 2008, the Elecnor Foundation has continued to consolidate its role as Elecnor's main corporate responsibility tool. The activities of the Foundation -ranging from providing energy and water supplies to remote villages to supporting the Spanish educational system- reflect our commitment to serving the society that inspired our creation, focusing on disadvantaged communities, and young talent in Universities and vocational training in Spain. Taking an overview of what has been achieved to date, our success so far is the best incentive for our on-going commitment to service.

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Fernando Azaola

Chairman

Presentation

The Foundation has contributed to the well-being of more than one million people over the last eleven years.

Throughout its 60 year history, Elecnor's corporate culture has been based on responsibility and commitment, voluntarily incorporating social and environmental criteria into its business practices.

The Elecnor Foundation was another step forward for this strategy, expanding the scope of our commitment to the environment in which we operate and key aspects for society today, such as research and training.

To ensure maximum effectiveness, the Foundation's work is closely linked to Elecnor's own activities. The Foundation therefore focuses its efforts on the countries where Elecnor is active, and its projects are always related to the business lines where Elecnor is a recognised operator. Five years after its creation in 2008, the Foundation Elecnor has a clear vision of its role and a solid core of values that runs through all of its activities:

Vision Values

Trustees

ACTIVITIES

1. Social infrastructure

The difference between doing what is possible and making something possible.

Through its Social Infrastructure projects, the Elecnor Foundation has become a part of the solution to some of the problems facing society today. In particular, as described in the following projects, the Elecnor Foundation contributes to ensuring affordable, safe and sustainable access to energy and water, as well as to promoting opportunities for inclusive, equitable and quality education in disadvantaged communities.

Ilumina Project

Honduras

Loma atravesada project

Dominican Republic

Sinergia Project

Chile

Solar Back-up Systems Project

Ghana

Ronald McDonald House project, Madrid

Spain

Luces para aprender project

Uruguay

Luces para aprender project

Dem. Rep. of the Congo

H2OME Prototype

H2OME Project

Angola

Emprendiendo y Aprendiendo en Digital

Nicaragua

Énergie solaire pour l'Éducation Project

Cameroun

Reconstruyendo La Nopalera Project

Mexico

2. Training and research

Partnerships for training and research

Another pillar of the Elecnor Foundation's work is university and vocational training linked to the different branches and disciplines of engineering. Its efforts are aimed especially at nurturing the talent of young people, both Spanish and foreign.

With a clear focus on the different branches and disciplines of engineering, the Elecnor Foundation's training and research projects are aimed especially at fostering the talent of young students and at research initiatives in the Elecnor Group's natural areas of activity and in key aspects of business management, such as sustainability or corporate governance. The objective of the programmes and agreements in this field is to enhance the beneficiaries' knowledge, the practical application of this knowledge, and the employability of the individuals involved.

22

classes

9

case studies

27

teachers

Elecnor Volunteer

Elecnor Volunteering is an initiative where talent is the best tool for social action. Its aim is to make Elecnor Foundation projects sustainable by nurturing the social commitment of Elecnor employees.

It also offers both active employees and retirees the opportunity to participate in the social infrastructure and training projects promoted by the Foundation.

Projects with the Elecnor label, very closely linked to the company's activity. A raft of activities aimed at engaging Elecnor employees as volunteers dedicating their time, skills and experience. With corporate volunteering, one of the key principles of the Elecnor Foundation extends across all its projects: encouraging the development of technology and transfer of knowledge.

Ilumina Project

Honduras

Sinergia Project

Chile

Énergie Solaire pour l'Éducation Project

Cameroon

ETHICAL AND RESPONSIBLE MANAGEMENT

As part of the Elecnor Group, the Elecnor Foundation is integrated into the framework of the Group's compliance system, and is therefore subject to the same level of ethical management and compliance requirements. It carries across the same responsible corporate style to its relations with employers, employees, beneficiaries, social representatives, etc.

To this end, the Foundation constantly pushes for all operations to be conducted to the highest ethical standards, applying the principle of zero tolerance for bad practices in terms of ethics and integrity; it also expects its employees and the people with whom it deals to behave in line with the principles of the Elecnor Group Code of Ethics, the standards on which it is based, and the policies and procedures that expand on it.

The Code of Ethics and the Compliance Policy establish the key principle for carrying out activities in accordance with the laws in force in the territories and countries in which the company operates. They also require that human rights be observed and defended and labour rights respected, and cover the topics of working with diligence and professionalism, integrity, quality, environmental protection, occupational health and safety and social responsibility.

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The Elecnor Foundation gives preference to projects in countries where Elecnor is active.

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Report
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