From Decree to Emergency Plan: Spain Bets Big on ESG
Spain’s climate policy is entering a decisive new phase. With the adoption of Royal Decree 214/2025 and the launch of the Climate Emergency Plan, the country has shifted from voluntary reporting and incremental measures to a binding framework that combines carbon accountability, Scope 3 integration, and national resilience strategies. While much of Europe is slowing down or diluting ESG requirements, Spain is accelerating, turning climate responsibility into a core compliance and competitiveness issue.
“While directly serving their customers, companies should indirectly serve the interests of society by taking responsibility for the holistic impact of their activities. Its simply a more broad view of value creation. This is what ESG is all about.”
Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth