Sustainable Finance_Lead

The Opportunity

Telefonica is committed to making a positive impact on our society and planet by acting responsibly along our entire value chain and providing solutions for today´s societal challenges. The sustainability team is passionate about making this happen.  Are you?  Would you like your daily work life to reflect this passion?  We are looking for a hard-working, passionate, strategic-focused and a go-getting individual to join the team.

Telefonica is a pioneer in sustainability matters. We are committed to becoming a Net Zero company by 2040, and we have already reduced our emissions in more than 50% (considering scopes 1+2+3). We were the first company in the sector to issue green bonds and we have achieved many accolades from relevant agencies, e.g. CDP (A), Ranking Digital Rights (1st in telco sector), Digital Inclusion Benchmark (2nd company worldwide), Sustainalytics ESG Rating (94th percentile in sector), etc.

General description:
The open position is within the Environment and Human Rights Corporate Department, which is one of the 4 areas reporting into Telefonica’s Chief Sustainability Officer.
The mission of the Environment and Human Rights department is to design, develop and implement strategies and actions to act upon opportunities and to mitigate risks and in relation to a wide range of sustainability topics, ranging from environment and climate change over sustainable supply chain management to human rights. We are also the technical area supporting sustainable financing and taxonomy reporting. And we do this at a global level, with impact in all the Telefonica footprint geographies and businesses.

Main functions:
The sustainability expert we are looking for will manage a variety of projects in relation to the impulse of sustainable finance and financial impact of sustainability, including the strategic approach of these topics:
Reporting on sustainability and financial impact (CSRD and others)

• Participation in Telefónica's annual corporate report of non-financial information, following CSRD requirements.
• Internal control of non-financial information. Support in auditing processes.
• Participation in climate change risks and opportunities related with financial impact and planning.
• Climate Action Plan related with financial planning
• Implement specific projects to fill the GAPs of new regulation
• Define general process and accompanied the internal transformation projects, both at local and global level, in collaboration with other different teams and companies of the Telefonica Group (i.e: financial impact of climate change)
• KPIs definition, monitoring, assurance.

Development and Implementation of the European sustainable finance framework, i.e.: taxonomy of sustainable activities:

• Environmental technical screening criteria of different activities implementation and verification
• Social minimum safeguards implementation
• Internal control of non-financial information. Support in auditing processes.

Development and implementation of sustainability projects related with sustainable finance: 

• i.e.: Carbon fund; carbon pricing.

Support in the issuance of green bonds; annual impact report and its internal control processes implementation.

Participation interdepartmental groups with different geographies for the implementation of different projects and engagement with relevant stakeholders.
 

Reporting on topics mentioned above: Feedback to relevant ESG ratings/ranking (e.g. Sustainalytics, MSCI, CDP…)  

Qualifications:

• Bachelor’s degree in environmental sciences or related, also considered Business/Legal/Science/Engineering with a postgraduate in environment
• Previous experience in sustainable finance topics will be valued: green / sustainable bonds / loans issuance, carbon funds, carbon pricing, etc.

Experience

• 10 years of work experience in sustainability, either in a company or consultancy 
• Previous experience in environment/climate change is needed
• Knowledge of regulatory environment (EU-level initiatives on sustainability matters; reporting obligations etc.) would be recognized

Languages

• High-level fluency in English and Spanish is required.  
• Other languages valued, specially Portuguese and German.

Skills

• Passion and interest in sustainability trends and challenges
• Good project management skills with attention to detail and comfort dealing with ambiguity.
• Analytical skills including ability to identify gaps and opportunities. 
• Experience participating in projects in a complex and international organizational environment.
• Great communication and writing skills
• Ability to produce deliverables: reports, presentations, Q&As, papers.

If you join us, we offer you...

• Work in a dynamic team and be part of challenging projects that will allow you to play a leading role in the transformation of the company.
• An interesting package of social benefits (luncheon vouchers, health, life and accident insurance, pension plan, flexible compensation plan...).
• A flexible working environment with hybrid models of face-to-face and telecommuting.
• Access to a wide range of continuous learning opportunities for you to grow with us.
• Participate in volunteering programmes, social actions, international mobility, off-site...

#UnidadesGlobales#GlobalHQ
 
 

If you join Telefónica
You join almost 100 years of history, a team of 106 nationalities present in more than 35 countries. You join a team that works to connect people wherever they are, without borders. A team that is leading the digital revolution with the enthusiasm of the first day in all our businesses, creating the best digital ecosystem for our clients: Network, IoT, Cloud, Cybersecurity, Innovation, etc. At Telefónica you have everything you need to create the best version of yourself. We need people like you to join this great challenge, who want to create the Telefónica of tomorrow.
 
At Telefónica we are committed to new ways of working and we are leaders in the implementation of Digital Disconnection under the "Disconnect to Reconnect" principle.
You join a company whose activity is governed by its code of ethics, Our Responsible Business Principles. We are looking for people who identify with them, who help us make decisions based on integrity, commitment and transparency and who are committed to ethical management, promoting fairer and more sustainable social and environmental development.
 
#WeAreInclusive
We strongly believe diverse and inclusive teams become more innovative and they achieve improved results. Telefonica aims to promote and guarantee a place for everyone, just the way we are: gender, age range, sexual orientation and/or identity, culture, creed, disability or any other personal condition.