Energy Impact Report - Renewables Edition

In our latest quarterly review of corporate sustainability impacts, risks and opportunities, we find that renewable energy companies face significant biodiversity challenges due to the land-intensive nature of renewable installations. The report highlights how leading companies are integrating biodiversity safeguards into project planning, with Brookfield systematically assessing impacts across sensitive areas using IUCN data while NextEra Energy has developed comprehensive biodiversity monitoring protocols. Community-based renewable energy projects continue to gain traction, with Iberdrola reporting a 34% increase in cooperative energy initiatives, creating both economic opportunities and environmental benefits across 28 regional markets.

This report analyses thousands of sustainability disclosures from 20 leading entities in the industry, including NextEra Energy, Iberdrola SA and Enel SpA. Published in Q225 as part of a quarterly series, it also includes disclosures from Global South entities like Eskom Holdings, ReNew Power and Adani Green Energy. The global nature of this analysis makes it an ideal source of external evidence for sustainability accounting and disclosure, particularly for organisations implementing biodiversity management practices and aligning with ESG frameworks to address both financial materiality and double materiality considerations in renewable energy development.