Iberdrola presents the Supplier of the Year 2024 awards in Mexico

Eight key companies for a sustainable supply chain were recognised at the 5th edition of the Supplier of the Year Awards
Iberdrola
Iberdrola
  1. Commitment to sustainability

Iberdrola Mexico recognised eight companies at the Supplier of the Year Awards 2024 for their high standards in sustainability, ethics and shared well-being, key to creating a supply chain for industrial decarbonisation. 

In 2023, the energy company purchased more than USD 185 million worth of goods and services, with 73% coming from local companies. This year, that percentage increased to 84%. 

‘Iberdrola Mexico wants no one to be left behind in the energy transition. For this, the work of our suppliers, who are strategic allies of the company and catalysts for change, is essential,’ said Katya Somohano, CEO of Iberdrola Mexico, during the awards ceremony in Mexico City. 

Iberdrola
Iberdrola

At an event in front of more than a hundred attendees, including suppliers from various sectors and company staff, the executive stressed that the companies that supply goods and services to Iberdrola Mexico are characterised by their ‘high quality standards’ and common values that allow them to continue strengthening ‘the industrial and social fabric’ of the country and, in turn, to promote the company's new renewable projects. ‘Without sustainability, no company has a future’, he stressed. 

Iberdrola Mexico has more than 6,500 registered suppliers, more than 90% of which are of national origin. In 2023, the energy company made purchases of more than 185 million dollars - 73% from local companies - a percentage that rose to 84% in 2024. 

In its 25-year history in the country, the company has invested more than 6 billion dollars in goods and services. 

Iberdrola
Iberdrola

‘This commitment to national development enriches our environment with the contribution of social dividend and value for all our stakeholders, it also allows us as a company to be more competitive and resilient, thanks to our strong supply chain. I thank our suppliers for their dedication, innovation and commitment,’ said Alberto López-Pando, Director of Procurement and Services at Iberdrola Mexico.

Commitment to sustainability

The 5th edition of the Supplier of the Year Awards had the slogan ‘Allies for green industrialisation’ and had eight categories that highlight the companies' commitment to excellence, continuous improvement, the well-being of the workforce and the social dividend, among other items. 

With the recognition of its suppliers, Iberdrola Mexico promotes the strengthening of the national industry and the sustainable energy development of the country.