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Corporate governance

Navantia has a Corporate Governance model that contributes to integrity, efficiency and agility in its management. This model also strengthens the systems for supervising and controlling activities, managing risks and developing people, ensuring compliance with internal and external requirements. Good governance at Navantia promotes transparency and drives growth and the creation of sustainable value through the development of its strategy and the involvement of stakeholders in both the national and international markets.

Classification
of GHG emissions

Navantia holds full MITERD certification for the three components "Calculate", "Reduce" and "Offset" of the seal awarded by the Ministry in relation to the carbon footprint. The Register of carbon footprint, offsetting and absorption projects is a national, voluntary register whose purpose is to encourage Spanish organisations to calculate and reduce their carbon footprint, as well as to promote projects that improve Spain’s carbon sink capacity.

Classification
of GHG emissions

Navantia holds full MITERD certification for the three components "Calculate", "Reduce" and "Offset" of the seal awarded by the Ministry in relation to the carbon footprint. The Register of carbon footprint, offsetting and absorption projects is a national, voluntary register whose purpose is to encourage Spanish organisations to calculate and reduce their carbon footprint, as well as to promote projects that improve Spain’s carbon sink capacity.

Emissions reduction

80T of emissions in 2023

amount offset

Solar panels installed

in all shipyards

GHG emission reduction

BY 41.38% SINCE 2018

Classification
of GHG emissions

GHGs trap heat in the atmosphere, and their increase due to human activity is driving global temperature rises.

Scope 1

Direct GHG emissions. For example, emissions from combustion in boilers, furnaces, vehicles, etc. that are owned or controlled by the organisation.

Scope 2

Indirect GHG emissions associated with the generation of purchased and consumed electricity.

Scope 3

Indirect GHG emissions associated with the generation of electricity and other indirect emissions, such as the extraction and production of materials purchased by the organisation or business travel.

Navantia obtains full MITERD certification

Navantia holds full MITERD certification for the three components "Calculate", "Reduce" and "Offset" of the seal awarded by the Ministry in relation to the carbon footprint. The Register of carbon footprint, offsetting and absorption projects is a national, voluntary register whose purpose is to encourage Spanish organisations to calculate and reduce their carbon footprint, as well as to promote projects that improve Spain’s carbon sink capacity.

Management system principles

Navantia’s Management System is based on three key principles: integrity and hierarchy, to ensure the system’s consistency; simplicity and accessibility, to make it easier to understand and apply; and continuous improvement and updating, to guarantee its ongoing evolution. These pillars enable efficient management aligned with the company’s objectives.

Integrity and hierarchy

Simplicity and accessibility

Continuous improvement and updating

fighting climate change

Navantia works to conserve biodiversity and protect marine and coastal ecosystems, promoting research in marine technology. Since 2020, it has been a signatory to the Biodiversity Pact with the Fundación Biodiversidad of the Ministry for Ecological Transition and the Demographic Challenge (MITERD), thereby demonstrating its commitment to sustainable biodiversity management.

Navantia’s commitment to offsetting greenhouse gas (GHG) emissions is focused on the corporate project “Ecosistema Navantia”. This project aims to mitigate climate change by offsetting emissions, increasing the absorption capacity of carbon sinks and preserving biodiversity.

Initially focused on the Navantia Forest through reforestation projects on land adjacent to our sites, the scope of Ecosistema Navantia is now expanding in two ways. First, closely linked to our core business, it encompasses blue carbon sequestration projects – offsetting initiatives associated with marine and coastal ecosystems that contribute to their conservation. Second, our role goes beyond partially offsetting our carbon footprint: we also link these projects to the conservation status of the areas in which they are carried out.

Navantia publishes data through GBIF (Global Biodiversity Information Facility) in collaboration with the Spanish GBIF Node (GBIF.ES), sponsored by the Ministry of Science and Innovation and managed by CSIC. It has shared information on benthic fauna in the marine ecosystem near its facilities, based on environmental monitoring plans carried out by the Environment Area.

Navantia Ecosystem

Projects to offset greenhouse gas (GHG) emissions through reforestation (Navantia Forest) or blue carbon sequestration.

Biodiversity and business

Application of the Taskforce on Nature-related Financial Disclosures (TFND) criteria to corporate biodiversity (valuation of ecosystems/ecosystem services)

Documentation

Navantia’s Management System documentation is designed to be clear, accessible and consistent. It is organised according to uniform criteria that facilitate understanding and application, and is continuously updated to adapt to the organisation’s needs and improve its effectiveness.

Navantia policies

Navantia’s policies reflect the company’s commitment to quality, safety, the environment and continuous improvement. They are aligned with the organisation’s strategic objectives and guide all activities, ensuring responsible, efficient and sustainable management in each of its processes.