Iberia changes its Corporate Structure to focus on Sustainability

• Creating a Sustainability Management department headed by Teresa Parejo, who will define an environmental and social sustainability vision and strategy for the airline.
• In keeping with Iberia’s formal commitment to the UN’s 17 Sustainable Development Goals.

Iberia is incorporating sustainability as a key part of its business strategy in keeping with its support of the UN’s sustainable development goals under the world body’s 2030 UN Agenda.

Iberia’s commitment to environmental protection and to social welfare, in general, has moved sustainability to the forefront of its list of priorities, leading to the decision to establish a Sustainability Department to develop a general strategy and specific project to promote environmental and social sustainability in the airline.

Formerly, Corporate Social Responsibility and Environmental Management activities of Iberia’s, airline, airport handling, and MRO businesses were dispersed across the company. Under the new management structure, they will be the responsibility of the new Sustainability Department, which will be charged with developing a  sustainability vision and strategy geared to the fulfilment of the UN’s 17 Sustainable Development Goals.

The new department will be headed by Teresa Parejo, with broad experience in matters relating to the environment, climate change and sustainability. It will report to the new Corporate Division headed by Juan Cierco, which will encompass Corporate Communications, Corporate Affairs, People Development, and Corporate Social Responsibility.

Parejo holds a PhD in Law by the University Carlos III in Madrid and a Master in Law by the European Union. She has been a professor of Law in Spain and abroad. She has served as a senior advisor to the UN Sustainable Development Solutions Network, is a member of the Sabin Center for Climate Change Law at Columbia University, and is a director of the Secretariat of the  International Council of Environmental Law (ICEL) in New York.

She has given lectures and published articles on the environment, sustainability, and climate change at a number of universities around the world and in specialised journals.

Madrid, 27 September 2019