Skip to main content
European Climate Pact

Prezentare

Location

Italy

Sector

Electric Utilities

Organisation type
Business

Company Information

Iren is a multi utility company listed on the Italian Stock Exchange and headquartered in Reggio Emilia, Italy. Iren operates in the following business areas: electricity, gas (distribution and sale), integrated water service management, waste collection and disposal and public utility services. In 2021, Iren reported a total of over 9,500 employees and a consolidated revenue of 5 billion Euro.*

*Source

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Iren SpA has a target to reduce intensity of scope 1 CO2e emissions 47% per  megawatt hour (MWh) by 2030 from a base year of 2020
  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emission-reduction through a company policy or behavioral change
  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have an initiative in place to drive GHG emissions reduction through waste reduction and materials circularity
  • Have an initiative in place to drive transport-related GHG emissions reduction through teleworking
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Iren SpA has a target to consume 100% of electricity from renewable sources by 2030 from a baseline of 0% renewable electricity consumption in 2020
  • Iren SpA has a target to reduce fossil fuels in their fuel mix to 90% by 2030 from a base year of 100% in 2020

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Mobility

Our actions – the Pathway

  • Iren SpA has a target to switch 100% of their fleet with low-carbon vehicles by 2030 from a baseline of 19% in 2020
  • Have an initiative in place to drive transport-related GHG emissions reduction through company fleet vehicle efficiency

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Iren SpA have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues
  • Have a supplier/customer engagement strategy to drive best practices in tackling environmental and climate-related issues

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022