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University of Vaasa - Vaasan yliopisto

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Table 1. Type and amount <strong>of</strong> environmental reporting<br />

Number <strong>of</strong> pages per<br />

year<br />

Companies Type <strong>of</strong> document 2005 2006 2007<br />

Acciona Energía Sustainability report 105 171 203<br />

Endesa (Spain & Portugal) Sustainability report 140 156 188<br />

Gamesa Energía Rest Annual Report 131 341 329<br />

Gas Natural Corporate Sustainability<br />

Report<br />

163 226 148<br />

Hidrocantábrico Energía Sustainability report 96 124 112<br />

Iberdrola Sustainability report 295 236 271<br />

Unión Fenosa Generación Sustainability report 71 160 214<br />

Verifiability and Management Systems<br />

641<br />

This sector shows us the growth in audits and verification processes in environmental<br />

performance that has been made recently, probably due to increased implementation<br />

<strong>of</strong> environmental management systems, which are later certified to international<br />

standards, mainly ISO 4001 and EMAS (Llena et al. 2007). It can be seen that there<br />

are significant differences concerning information on environmental management<br />

supplied by the companies. With some, there is a total lack <strong>of</strong> information, while<br />

others show an increase in certification <strong>of</strong> the system. Information is also given that<br />

has little relevance to environmental management in some cases, such as H-C and<br />

Gas Natural, proving their scant interest in the issue.<br />

Table 2. Environmental management system<br />

Companies 2005 2006 2007<br />

Acciona - - -<br />

86.69% 87,50% 89,18%<br />

Endesa<br />

production production production<br />

76.5% 100% 100%<br />

Gamesa<br />

windfarms windfarms windfarms<br />

Gas Natural 11 companies 11 companies 11 companies<br />

Hidrocantábrico - - 11 installations<br />

Iberdrola 24 certifications 29 certifications 40 certifications<br />

Unión Fenosa 67% power 93% power 98,30% power

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