{"id":129357,"date":"2021-11-02T07:46:00","date_gmt":"2021-11-02T07:46:00","guid":{"rendered":"https:\/\/www.capgemini.com\/?post_type=client-story&#038;p=638143"},"modified":"2025-03-12T19:18:08","modified_gmt":"2025-03-12T18:18:08","slug":"red-electrica-group","status":"publish","type":"client-story","link":"https:\/\/www.capgemini.com\/se-en\/news\/client-stories\/red-electrica-group\/","title":{"rendered":"Positioning The Red El\u00e9ctrica Group as a leader in sustainability"},"content":{"rendered":"\n<header class=\"wp-block-cg-blocks-hero-reusable is-style-default header heroReusable  \"><div class=\"header-bgs\"><picture><source srcset=\"https:\/\/www.capgemini.com\/wp-content\/uploads\/2021\/11\/ÎÚÑ»´«Ã½_Client-Stories_RED-ELECTRICA-GROUP.jpg?w=2880&amp;quality=70 1x, https:\/\/www.capgemini.com\/wp-content\/uploads\/2021\/11\/ÎÚÑ»´«Ã½_Client-Stories_RED-ELECTRICA-GROUP.jpg?w=2880&amp;quality=70 2x\" media=\"(min-width: 1500px)\"\/><source srcset=\"https:\/\/www.capgemini.com\/wp-content\/uploads\/2021\/11\/ÎÚÑ»´«Ã½_Client-Stories_RED-ELECTRICA-GROUP.jpg?w=1440&amp;quality=70 1x, https:\/\/www.capgemini.com\/wp-content\/uploads\/2021\/11\/ÎÚÑ»´«Ã½_Client-Stories_RED-ELECTRICA-GROUP.jpg?w=2880&amp;quality=70 2x\" media=\"(min-width: 992px)\"\/><source srcset=\"https:\/\/www.capgemini.com\/wp-content\/uploads\/2021\/11\/ÎÚÑ»´«Ã½_Client-Stories_RED-ELECTRICA-GROUP.jpg?w=1024&amp;quality=70 1x, https:\/\/www.capgemini.com\/wp-content\/uploads\/2021\/11\/ÎÚÑ»´«Ã½_Client-Stories_RED-ELECTRICA-GROUP.jpg?w=1024&amp;quality=70 2x\" media=\"(min-width: 768px)\"\/><source srcset=\"https:\/\/www.capgemini.com\/wp-content\/uploads\/2021\/11\/ÎÚÑ»´«Ã½_Client-Stories_RED-ELECTRICA-GROUP.jpg?w=768&amp;quality=70 1x, https:\/\/www.capgemini.com\/wp-content\/uploads\/2021\/11\/ÎÚÑ»´«Ã½_Client-Stories_RED-ELECTRICA-GROUP.jpg?w=768&amp;quality=70 2x\" media=\"(min-width: 0)\"\/><img decoding=\"async\" src=\"https:\/\/www.capgemini.com\/wp-content\/uploads\/2021\/11\/ÎÚÑ»´«Ã½_Client-Stories_RED-ELECTRICA-GROUP.jpg\" class=\"header-img header-img-d\" alt=\"\" style=\"object-fit:cover;object-position:50% 50%\" loading=\"eager\"\/><\/picture><\/div><div class=\"heroPictureCardHeaderShape\"><\/div><div class=\"container\"><div class=\"row\"><div class=\"col-md-12\"><div class=\"box\"><div class=\"boxTagWrapper\"><div class=\"tagInfo\"><div><span class=\"box-tag\">Client story<\/span><\/div><\/div><div class=\"brandInfo\"><div class=\"brandLogo\"><img decoding=\"async\" loading=\"lazy\" src=\"\/wp-content\/themes\/capgemini2020\/assets\/images\/capgemini-invent.svg\" alt=\"capgemini-invent\"\/><\/div><\/div><\/div><div class=\"box-title\"><h1 data-maxlength=\"34\">The Red El\u00e9ctrica Group gets positioned as a leader in sustainability thanks to ÎÚÑ»´«Ã½ Invent<\/h1><\/div><h2 class=\"reasearchInsightTitle\">ÎÚÑ»´«Ã½ Invent\u2019s work has provided Red El\u00e9ctrica with a powerful tool to assess the positive externalities generated by its company strategy, and to determine its viability and efficiency.<\/h2><div class=\"inner-row-insight download-btn\"><div class=\"col-md-4 downloadFiles addPadding\"><a class=\"button-download--small\" type=\"download\" href=\"https:\/\/prod.ucwe.capgemini.com\/se-en\/wp-content\/uploads\/sites\/20\/2021\/11\/Red-Ele\u0301ctrica-case-study.pdf\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><span>Download the client story<\/span><span class=\"type\">1 MB  pdf<\/span><\/a><\/div><\/div><\/div><div class=\"infoWrapper \"><div class=\"row\"><div class=\"col-md-4\"><span class=\"fieldName\">Client: Red El\u00e9ctrica de Espa\u00f1a<\/span><\/div><div class=\"col-md-4\"><span class=\"fieldName\">Region: Europe<\/span><\/div><div class=\"col-md-4\"><span class=\"fieldName\">Sector: Energy &amp; Utilities<\/span><\/div><\/div><\/div><\/div><\/div><\/div><\/header>\n\n\n\n<section class=\"wp-block-cg-blocks-intro-para undefined section section--intro\"><div class=\"intro-para\"><div class=\"container\"><div class=\"row\"><div class=\"col-12 col-md-1\"><nav class=\"article-social\"><ul class=\"social-nav\"><li class=\"ip-order-fb\"><a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/www.capgemini.com\/se-en\/news\/client-stories\/red-electrica-group\/\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><i aria-hidden=\"true\" class=\"icon-fb\"><\/i><span class=\"sr-only\">Facebook<\/span><\/a><\/li><li class=\"ip-order-li\"><a href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https:\/\/www.capgemini.com\/se-en\/news\/client-stories\/red-electrica-group\/\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><i aria-hidden=\"true\" class=\"icon-li\"><\/i><span class=\"sr-only\">Linkedin<\/span><\/a><\/li><\/ul><\/nav><\/div><div class=\"col-12 col-md-11 col-lg-10\"><p class=\"intro-para-content-withoutTitle\"><strong>Client challenge:<\/strong> Red El\u00e9ctrica needed a tool that would enable it to measure the sustainability impact of the initiatives in its circular economy roadmap.<br><br><strong>Solution:<\/strong> With ÎÚÑ»´«Ã½ Invent as its partner, Red El\u00e9ctrica introduced a tool to help set measurable objectives and project them over time<br><br><strong>Benefits:<\/strong><br>Continuous assessment and improvement mechanisms to maximize the impacts of its initiatives<br>Improved decision-making by implementing new sustainable initiatives into the roadmap<br>More efficient Circular Economy roadmap through cost-benefit analysis of its sustainability initiatives<\/p><\/div><\/div><\/div><\/div><\/section>\n\n\n\n<section class=\"wp-block-cg-blocks-intro-para-video section section--info-2cols section--insights section-video\"><div class=\"bg-color video-align-right\"><div class=\"container\"><div class=\"row video-align-left\"><div class=\"col-md-12\"><div class=\"video-align-left row box box--4 box--mini\"><div class=\"col-md-3\"><h3 class=\"Video-title\" data-maxlength=\"34\">Red El\u00e9ctrica<\/h3><div class=\"video-info\"><p data-maxlength=\"68\">REE monetizes the positive impact of sustainability<\/p><\/div><\/div><div class=\"col-md-8 box-img-wrapper\"><div class=\"video-box\"><div class=\"video-wrapper\"><iframe title=\"video-section\" src=\"https:\/\/www.youtube.com\/embed\/Fkw7VWXvJPQ\" frameborder=\"0\" rel=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div><\/div><\/div><div class=\"col-md-1\"><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n\n\n\n<section class=\"wp-block-cg-blocks-group undefined section section--article-content section--story-content article-body\"><div class=\"article-main-content\"><div class=\"container\"><div class=\"row\"><div class=\"col-12 col-md-11 col-lg-10 offset-md-1 offset-lg-1\"><div class=\"article-text article-quote-text\">\n<h3 class=\"wp-block-heading\" id=\"h-embracing-the-circular-economy\">Embracing the circular economy<\/h3>\n\n\n\n<p>The Red El\u00e9ctrica Group is a holding company and the sole transmission agent and operator (TSO) for the national electricity system in Spain. It helps the autonomous communities draft an energy plan that defines what the electric system will be like in the medium- and long-term, develops and maintains the electricity transmission infrastructure in other regions, and develops innovative technological solutions to meet the new challenges of the electricity and telecommunications sectors. Its goal is to drive the energy transition to renewable energy and foster connectivity to create a sustainable future.<\/p>\n\n\n\n<p>Red El\u00e9ctrica is internationally renowned for its commitment to sustainability and the development of circular economy models. In 2018, it signed and became a member of the Circular Economy Pact, which committed the business to implementing initiatives that foster the development of responsible consumption and circular economy models throughout the value chain. In 2019, as part of its effort to fulfill this commitment, Red El\u00e9ctrica drew up its 2030 Circular Economy roadmap, which set out the strategy and guidelines needed to turn the company into a leader in the implementation of circular economy methodology by 2030.<\/p>\n\n\n\n<p>To manage this transformation process effectively and objectively, Red El\u00e9ctrica decided it needed a tool that would allow it to measure the sustainability impact of the initiatives in the roadmap. Doing so would enable the organization to set measurable objectives, project them over time, and measure them regularly.<\/p>\n\n\n\n<p>Red El\u00e9ctrica planned to monetize these objectives to establish a single unit of measurement for all dimensions of environmental sustainability (greenhouse gas emissions, polluting emissions, hazardous waste, consumption of water and material resources, etc.). The company asked ÎÚÑ»´«Ã½ to help develop its sustainability impact monetization model and tool and apply them to the business\u2019 Circular Economy roadmap.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-better-understanding-sustainability-impacts\">Better understanding sustainability impacts<\/h3>\n\n\n\n<p>Together, Red El\u00e9ctrica and ÎÚÑ»´«Ã½ Invent developed a model to calculate the monetary value of the individual and aggregate sustainability contributions resulting from the company\u2019s actions as part of its Circular Economy strategy. This work has provided Red El\u00e9ctrica with a powerful tool that informs decision-making based on the impact of the organization\u2019s sustainability initiatives and their direct effect on its income statement. As a result, the business can now assess the positive externalities generated by the strategy and determine its feasibility and efficiency.<\/p>\n\n\n\n<p>The model can monetize the impact of the roadmap initiatives on the circular economy\u2019s five dimensions: materials, water, energy, greenhouse emissions and polluting emissions, and waste and contaminated soils. This covers the end-to-end resource life cycle, beginning with obtaining and transforming the raw materials and continuing all the way through to their disposal or recovery.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-results\">The results<\/h3>\n\n\n\n<p>Implementation of the Circular Economy strategy demonstrates the leadership of the Red El\u00e9ctrica Group in the field of sustainability, putting it at the forefront of sustainable development. Having a model that monetizes sustainability impacts has made Red El\u00e9ctrica a global leader in the implementation of such tools.<\/p>\n\n\n\n<p>Implementation of this model has enabled the organization to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Establish measurable objectives for the impact of its strategy on the analyzed sustainability dimensions<\/li>\n\n\n\n<li>Monitor the actual impact of its sustainability initiatives<\/li>\n\n\n\n<li>Introduce continuous assessment and improvement mechanisms to maximize the impacts of its initiatives<\/li>\n\n\n\n<li>Balance resources to foster the development of initiatives with a greater capacity to generate positive sustainability impacts<\/li>\n\n\n\n<li>Enhance decision-making by implementing or incorporating new sustainable initiatives into the roadmap<\/li>\n\n\n\n<li>Improve the efficiency of the Circular Economy roadmap through cost-benefit analysis of its sustainability initiatives<\/li>\n\n\n\n<li>Make its sustainability objectives and achievements more transparent<\/li>\n\n\n\n<li>Demonstrate the company\u2019s contribution to promoting the circular economy.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-collaboration-between-ree-and-capgemini-invent\">Collaboration between REE and ÎÚÑ»´«Ã½ Invent<\/h3>\n\n\n\n<p>The companies spent six months working together on the project, which featured four lines of work:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Definition of the quantification and monetization methodology to measure the impact of sustainability initiatives<\/li>\n\n\n\n<li>Development of the reporting and monetization tool<\/li>\n\n\n\n<li>Analysis and monetization of the impact of the initiatives in the circular economy roadmap<\/li>\n\n\n\n<li>Analysis and assessment of the results of the roadmap monetization exercise and recommendations.<\/li>\n<\/ul>\n\n\n\n<p>This gave Red El\u00e9ctrica the opportunity to demonstrate its commitment to sustainable transformation. The initiatives in the Circular Economy roadmap cut across the organization and involve many of its areas. The commitment and involvement of all areas, particularly sustainability, which led the project on behalf of Red El\u00e9ctrica, were key to the success of the project.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"<p>Monetizing the positive impact of sustainability as part of goal to be leaders in Circular Economy by 2030<\/p>\n","protected":false},"author":103,"featured_media":129358,"template":"","meta":{"cg_dt_proposed_to":[],"cg_seo_hreflang_relations":"[]","cg_seo_canonical_relation":"","cg_seo_hreflang_x_default_relation":"","cg_dt_approved_content":true,"cg_dt_mandatory_content":false,"cg_dt_notes":"","cg_dg_source_changed":true,"cg_dt_link_disabled":false,"footnotes":"","client_logo_id":0,"client_logo_url":"","primary_term":"","featured_focal_points":""},"tags":[170],"brand":[19],"service":[47],"industry":[231],"partners":[],"country":[174],"content-group":[],"class_list":["post-129357","client-story","type-client-story","status-publish","has-post-thumbnail","hentry","tag-client-story","brand-capgemini-invent","service-sustainability","industry-energy","country-spain"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Positioning The Red El\u00e9ctrica Group as a leader in 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